EP 47: Manhattan Real Estate Market Analysis May 2021
The John and Jonathan Sell NYC Podcast: Episode 47
Welcome to the John and Jonathan Sell NYC Podcast, where experienced, expert NYC real estate brokers John Gasdaska and Jonathan Conlon break down what’s happening in the market, what you need to know whether you’re a buyer, seller, or agent, and their insight into the future, with a little bit of fun along the way.
In this week’s episode, John and Jonathan break down Manhattan’s Monthly Real Estate Market Report for May of 2021, released by Corcoran.
John and Jonathan will walk you through the statistics of this year versus how they compare to 2019.
The real estate market in New York City remains very robust, and very active – a lot of buyers are returning to the city and purchasing homes. There is a lot of turnover in the market, and with over 7,000 contracts signed in May of 2021, we are only 10% below the entire year’s data of 2020.
It’s not over! Listen up, buyers and sellers alike, you haven’t missed the market! Following the trends shown in the data here, this isn’t going to slow down any time soon.
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