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Market by Martin |
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New and Noteworthy |
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Manhattan Market Insights Sept 2023 Year over year, average sale prices in Manhattan are up 8.5%, inventory is down 8.7%, and there was a 20% days on market increase. Do you have questions about the real estate market? I'm here to provide valuable insights into the market so you can stay educated and informed. Read more in Compass' Sept 2023 Brooklyn Market Snapshot here. |
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Q3 Earnings Season Kicks Off Earnings season kicked off last week with reports from JPMorgan Chase, Citigroup and Wells Fargo. They fared well overall indicating good news on the horizon. Some analysts predict tech stocks like Amazon and CrowdStrike will rip higher this earnings season while these companies are expected to report a loss. Calendar and details here. |
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How Co-Ops Are Coping With Change? Fading demand, rising financial pressures push co-ops to get crafty. 15 years ago, the large majority of large, family-sized apartments in Manhattan were co-ops, but that ratio has since changed to nearly 50-50. From 2013 to 2023 the median sale price of co-ops increased 37% while for condos, it nearly doubled. How can co-ops cope? (Full Story) |
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Team News |
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Manhattan Luxury Report |
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One of the best perks of being on the MET mailing list or a follower on our social media accounts is getting access to our curated weekly report of luxury real estate in Manhattan. This exclusive report gives you a birds-eye view of exactly what is happening in the market and how it changes from week to week. We love educating our client base and giving them all the tools we can to support them in any real estate decision they are getting ready to make. Just wait till the end of the year when we compare all our weekly reports to see how the market fluctuated throughout the year. View Last Week's Report here and Follow to keep on Manhattan Luxury Real Estate here |
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Our Properties |
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