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What Can All These Weekly Market Stats REALLY Tell Us?
The John and Jonathan Sell NYC Podcast: Episode 23
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.
What Can All These Weekly Market Stats REALLY Tell Us?
Since August, Corcoran has been releasing weekly market stats – but what do they REALLY mean? There is so much fluctuation that sometimes it’s hard to know without zooming out a bit. Today, they’ll share their expert analysis, using data from Summer, Fall, and Early Winter 2020 and comparing it to the same times in 2019.
Resources Mentioned In This Episode:
Weekly Contracts Signed by Unit Type – 3 and 4 Bedrooms
Weekly Contracts Signed by Unit Type – 1 and 2 Bedrooms
Weekly Contracts Signed by Unit Type – Studios
Weekly Contracts Signed by Submarket – Midtown and Downtown
Weekly Contracts Signed by Submarket – Upper East Side and Upper West Side
Weekly Contracts Signed by Product Types – New Developments (Blue), Resale Condo (Red), Resale Co-op (Yellow), Total (Green)
Weekly Contracts Signed – Cumulative
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