After the market finally awoke from the long summer lull, prices for listings that went into contract and closed in September snapped back. Median Sales Price (MSP) for both in contract and closed listings clocked in at 1.2mm, about the same as before summer, but lower than the average MSP of 2016.
Read MoreStaying true to the seasonality of the month, the NYC real estate market experienced a downshift in both prices and level of activities.
Read MoreThis month we see a typical summer market, where there are less activities but buyers and sellers who do choose to transact in the summer tend to be more focused.
Read MoreThe pace of the New York real estate market picked up in June, with just under 1000 contracts signed and over 800 deals closed in the month, demonstrating much more movement than April and May.
Read MoreAfter a very strong first quarter, the NYC real estate market settled down into a slower pace.
Read MoreThe Manhattan real estate market bucked the trend of declining market activities and registered a very strong showing in first quarter 2017, which set an optimistic tone for the rest of the year.
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