# @michellegriffithnyc on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/C113XE1unH5
- **Gondola URL:** https://gondola.cc/posts/61613418-michellegriffithnyc-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/c39d52ba1d.jpg
- **Posted:** 2024-01-08T13:52:51.000+00:00
- **Account Owner:** Michelle Griffith  |  NYC Real Estate (@michellegriffithnyc) — https://gondola.cc/michellegriffithnyc

## Caption

13 contracts signed in Manhattan at $5M and above in the last 7 days which is a significant increase from this time last year .  Data pulled from Resource douglaselliman.

What does this mean?

As rates decreased at the end of the year-buyers took advantage of the buyers market and negotiability in price!

Sellers are feeling more optimistic with the movement in the market however realistic pricing is key and the biggest mistake sellers can make is to over price your property.

Smart money is investing in New York City.  Swipe to see photos of the top two deals in Manhattan.

217 West 57th Street 69E 
$24,500,000

50 West 66th Street 40W
$16,500,000

Please reach out with any real estate questions-always happy to discuss the current state of the market.

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## Stats

- **Views:** 0
- **Likes:** 144
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- **Comments:** 13

## Tags

ellimannyc, newyorkornowhere, interiordesign, tribeca, manhattan, newyorkcity, luxuryrealestate, realestate, ellimanagents, nycbroker, mdlny, thenextmoveisyours, parkavenue, newyork, michellegriffithnyc, milliondollarlisting, madisonavenue, luxurylistings, douglaselliman, tribecarealestate, nycrealestate, philippines, michellesmontauk, girlboss, behindthescenes, ellimannyse, newdevelopment

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