What Can All These Weekly Market Stats REALLY Tell Us?
Welcome to the Real Talk NYC Real Estate 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
Why We Host This Podcast:
We have been in this business long enough to know that knowledge is power. That’s why we conduct an in-depth analysis of the Manhattan real estate market every month, quarter, and year and provide an easy-to-understand synopsis of the full report in several different formats – all so you can stay informed.
Our team of experienced real estate professionals closely monitors market trends and provides our clients with the latest and most relevant information available. With this information, our clients are able to make informed decisions about buying and selling properties in Manhattan, which helps them stay ahead of the curve and make the most of their real estate investments.
Understanding the trends and changes in the market can help you make informed decisions. You gain insights into supply and demand, pricing, and market conditions that can influence the value of your property. Just by being aware of market trends and conditions, you’re better off than most other buyers and sellers, and you can make strategic moves that can lead to a successful real estate transaction.
If you’re considering buying or selling a Manhattan property, now is the time to take action. Our team of expert real estate agents and brokers can help guide you through this market, leveraging our extensive knowledge and experience to help you make informed decisions.
So, why wait? Reach out to us today and let us help you achieve your real estate goals!
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Have a question you’d like us to discuss? Just reach out.
