📊 Market Update: Navigating the Shifts in NYC Real Estate 🏙️ Last week brought some interesting movements in the NYC real estate market: 📉 Manhattan: 223 contracts signed, marking a 2% decrease from this time last year and a 15% drop from the previous week. 📉 Brooklyn: 130 contracts signed, reflecting a 14% decrease year-over-year and a 1% dip from the previous week. 📈 Long Island City: 20 contracts signed, holding steady with last year and 2 more than the previous week. 💼 Luxury Market: 35 contracts valued at $4M+ were signed in Manhattan and Brooklyn combined, which is 3 fewer than the previous week. These figures show a dynamic market where savvy buyers and sellers are finding opportunities. At SERHANT., we're here to help you navigate these shifts with confidence and insight. #RealEstate #MarketUpdate #ManhattanRealEstate #BrooklynRealEstate #LICRealEstate #LuxuryRealEstate #NYCRealEstate #SERHANT #RealEstateTrends #NYCMarket #PropertyInvesting #LuxuryHomes #RealEstateNews
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𝗟𝘂𝘅𝘂𝗿𝘆 𝗦𝗮𝗹𝗲𝘀 𝗦𝘂𝗿𝗴𝗲: 𝗗𝗮𝗹𝗹𝗮𝘀 𝗦𝗲𝗲𝘀 𝗮 𝟮𝟴% 𝗜𝗻𝗰𝗿𝗲𝗮𝘀𝗲 𝗶𝗻 𝗠𝗶𝗹𝗹𝗶𝗼𝗻-𝗗𝗼𝗹𝗹𝗮𝗿 𝗛𝗼𝗺𝗲𝘀! 🏡 🔺Sales of homes priced at $1M+ in Dallas are up 28% compared to last year. 🔺The North Dallas area leads with the highest sales and aggregate prices. 🔺The northern suburbs show significant growth, especially in the $1M-$2M range. 🤔Curious about the latest trends shaping the luxury housing market in Dallas: https://bit.ly/4e2SqOs #MyMetroTex #DallasRealEstate #DallasREALTOR #LuxuryRealEstate #RealEstateNews
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🏙️ Manhattan Real Estate Weekly Highlights: August 31 - September 6, 2024 Despite the typical Labor Day slowdown, Manhattan’s real estate market remains active with some significant movements to note: - 158 Contracts Signed: While this represents a 5% dip from the previous week, it’s a 37% year-over-year increase, driven by a surge in demand across multiple property types. - Luxury Market Surge: Sales in the luxury sector (over $5M) saw a 64% year-over-year jump, with 18 properties over $5M signed last week, the strongest growth since November 2023. - New Development Spike: New development sales soared, nearly tripling year-over-year (+167%). This sector is clearly attracting significant buyer interest, with 40 new contracts signed, up 82% from the prior week. - Diverse Activity Across Price Points: - Under $1M: Contracts dipped 30% week-over-week but are still 24% higher than last year. - $1M - $3M: This price range saw a strong 47% year-over-year increase in signed contracts. - $5M - $10M: This segment jumped 86% compared to the same time last year, showing continued demand for high-end properties. - Submarket Trends: - Financial District/Battery Park City stood out with a 133% increase in signed contracts versus the previous week. - Upper Manhattan also saw strong growth, with a 70% year-over-year increase in contracts. While we saw a dip in contract activity for studios and one-bedroom units, larger units with two or more bedrooms performed well. Three-bedroom sales were up 21% week-over-week, and four-bedroom sales jumped 44%. What does this mean? Manhattan's luxury and new development markets continue to lead the charge, suggesting that while buyers are being selective, they are still highly engaged, particularly at the higher end of the market. With activity across various price points, this is a great time for sellers to position their properties strategically, especially those in the luxury segment. What’s your take on the market's direction as we head into fall? I’d love to hear your insights! #RealEstate #ManhattanRealEstate #NYCRealEstate #LuxuryRealEstate #NewDevelopments #MarketUpdate #RealEstateTrends #NYCHomes #PropertySales #NYCLuxury #RealEstateNews
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🌟 Luxury Real Estate Market Update: A Post-Labor Day Surge! 🌟 The luxury real estate market has seen a remarkable post-Labor Day resurgence! For the week of September 2-8, 29 contracts were signed for properties priced at $4 million and above. This represents a 12% increase from the previous week and marks the highest number of contracts for this week since 2006. 🔑 Key Insights: *Sixteen contracts were for new developments, significantly shrinking the shadow inventory and highlighting the strong demand for fresh, high-end properties. *Four townhouses and four co-ops also contributed to this robust week, showcasing diverse buyer interests and market strength. Featured Listings: *45 East 74th Street (Townhouse) | Asking $23,800,000 *140 Jane Street, Unit 5N (Condo) | Asking $23,250,000 *111 West 57th Street, Unit 27 (Condo) | Asking $13,000,000 *50 West 66th Street, Unit 10D (Condo) | Asking $11,500,000 ...and many more prestigious listings that are capturing the attention of discerning buyers. This surge in market activity presents a unique opportunity for buyers and sellers. If you’re considering moving, now is the perfect time to act. 📩 Contact me today to discuss how you can leverage this dynamic market for your real estate goals. Whether you're buying or selling, I’m here to provide the expert guidance you need. Karen Kostiw #LuxuryRealEstate #MarketUpdate #NewDevelopment #RealEstateTrends #HighEndHomes #PropertyMarket #RealEstateExpert #NYCRealEstate #ContactMe Coldwell Banker Warburg #chelseanyc #downtownnyc
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Manhattan Weekly Market Update- Spring market is here!! The market has bounced off the lows of Q4th 2023, and inventory is improving. Contracts signed in the luxury sector, over $3.5m, have continued strong, with over 40% being all cash and price adjustments have also continued strong in the rebalancing of the Manhattan Market. 𝐏𝐥𝐞𝐚𝐬𝐞 𝐜𝐨𝐧𝐭𝐚𝐜𝐭 𝐦𝐞 𝐢𝐟 𝐲𝐨𝐮 𝐰𝐨𝐮𝐥𝐝 𝐥𝐢𝐤𝐞 𝐦𝐨𝐫𝐞 𝐢𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐫𝐞𝐠𝐚𝐫𝐝𝐢𝐧𝐠 𝐭𝐡𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐨𝐫 𝐢𝐟 𝐲𝐨𝐮 𝐰𝐨𝐮𝐥𝐝 𝐥𝐢𝐤𝐞 𝐚 𝐅𝐑𝐄𝐄 𝐇𝐎𝐌𝐄 𝐄𝐐𝐔𝐈𝐓𝐘 𝐑𝐄𝐏𝐎𝐑𝐓! Happy to answer any questions. Remember, "Who You Work With Matters!" Please like and comment! 📱Text to connect! 917-701-0509 📧 julian.hutter@compass.com 🔗 julianhutternewyork.com 📈 What's my home worth today?: https://lnkd.in/e8GXW_aB #manhattanrealestate #emptynester #homebuying #compass #concierge #manhattan #luxurymarket #luxuryliving #realestateinvesting #urbanliving
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Wednesdays are for Weekly Reports! NYC real estate market continued to perform in segments last week, with "approachable luxury" and "ultra luxury" coming out on top with year over year improvement, while most other segments showed declines. #OneHighline continues to be one of the best selling new development projects as proven by its latest signed contract. Market stats below, read the stats, stay informed and stay in touch! I am pleased to present our snapshot of Manhattan condo and co-op contracts signed from April 27 to May 3, 2024. Below are some key highlights from the week: * Last week, 213 contracts were reported signed in Manhattan, down 12% week-over-week and 19% year-over-year. * The 19% annual decline was the most significant year-over-year change in ten weeks. * Not all market segments declined versus 2023, however, as sales from $3M to $5M and $10M to $20M improved. * Six contracts were signed from $10M to $20M last week, the strongest performance for that price range since September. * The top contract was One High Line West 25D asking $13.770M ($3,548 PSF), featuring Hudson River views. * * * * #GettingDealsDone #PeakRealEstateSeason #UWS #NewListing #GreenwichVillage #NoHo #LoftLiving #10FeetHeight #Downtown #HotMarket #WeeklyReport #LuxuryAgent #LuxuryReport #LuxuryProperties #LuxuryPropertiesNYC #CorcoranAList #CorcoranWeeklySnapshot #CorcoranReport #OlgaRealEstate
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Luxury Realtor in Miami / Brickell. Helping both Buyers and Sellers in South Florida for the past 28 years. Specializing in Brickell’s Luxury Condos (Miami’s Financial District) Let me help you. ☎️ 305-984-4875.
Real estate is about timing. 🕒 Miami's market is sizzling, and right now is the golden hour for professionals looking to sell their luxury properties in the vibrant heart of Brickell. You might ask, "Why now?" 🌴 The demand for Miami real estate is soaring, but so is the knowledge and fineship needed to navigate this dynamic landscape. Here's why successful professionals should consider listing their Brickell homes today: 1️⃣ High Demand: Miami's allure is undeniable. The population is growing, the lifestyle is envied, and the market is hot. 2️⃣ Strategic Pricing: With the right analysis and market insight, your property can be priced impeccably to attract serious buyers. 3️⃣ Expert Marketing: In today's digital age, a robust online presence ensures your property stands out to a global audience. 4️⃣ Seamless Selling Experience: As experts in luxury real estate, my team offers a selling experience that's as premium as the properties we represent. Timing is everything, and in Miami's bustling metropolis, the clock is ticking in favor of sellers. Brickell's skyline isn't just a breathtaking view—it's an opportunity waiting to be seized. 🏙️ Thinking of selling or know someone who is? Share your thoughts on timing the market in the comments below. ☎️ 305-984-4875 www.oliversellsmiami.com #MiamiRealEstate #LuxuryLiving #BrickellHomes #SellWithConfidence #RealEstateProfessional #oliversellsmiami #sellwitholiver #oliverruizrealtorinmiami #oliveristhebrickellexpert
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📈 Real Estate Update: Key Highlights from the Week 🏠 As we wrap up the final week of the year, here are some noteworthy insights from Manhattan's real estate market: 1️⃣ Transaction Trends: Despite a 38% week-over-week dip in signed contracts (attributed to the holiday season), the market remained resilient with a solid 8% year-over-year increase. This marks the second consecutive week of annual growth, a promising trend after a three-month hiatus. 2️⃣ Resale Co-ops Driving Growth: Notably, the uptick in signed contracts can be credited to the robust performance of resale co-ops, offsetting declines in new development and resale condo sales on a yearly basis. 3️⃣ Luxury Segment Peaks: The luxury real estate segment experienced a festive surge, with four contracts signed in the $10M to $20M range. This marks a three-month high and the most successful Christmas week for this segment in over five years. 4️⃣ Top Deal of the Week: Securing the spotlight was a third-floor three-bedroom gem at 15 Central Park West, commanding a price tag of $18.5M ($5,887 per square foot). This standout transaction reflects the resilience and enduring appeal of prime properties in the heart of Manhattan. As we navigate through dynamic market shifts, these insights underscore the adaptability and continued allure of Manhattan's real estate landscape. Wishing everyone a prosperous and fulfilling year ahead! 🌟 #RealEstate #Manhattan #MarketUpdate #NewYearProspects
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Baltimore County’s luxury market is holding strong, and the numbers tell an intriguing story. The median sold price nudged up by 6.10% to $365,000, signaling that demand remains high even as the market slightly cools with a 6.55% drop in the number of homes sold. Homes continue to sell at a steady pace, taking an average of just 18 days, and they’re going for nearly full price, closing at 101% of the list price. The real estate market remains a fast-paced, competitive landscape where being informed and working with an experienced agent is your greatest asset. #sothebysrealty #luxuryrealestate #baltimorerealestate #realestateagent #realestateinvestor #realestatesales
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Manhattan Real Estate Snapshot: August 24-30, 2024 – My Take Another week of interesting movement in the Manhattan real estate market. We saw 167 contracts signed a slight dip due to Labor Day Weekend, but it’s worth noting that contracts have been rising steadily for 9 of the last 12 weeks. This consistency signals a resilient market, especially with resale condos up 9% and co-ops up 1% compared to last year. Buyers are still confident, particularly in the resale sector, where inventory tends to offer better value and negotiability. Some key highlights: - Top sale: The resale of 39A at 220 Central Park South, listed at $34.5M, saw a 51% increase from its 2019 sale price. It’s a powerful reminder of the long-term appreciation potential in NYC’s most sought-after properties. - Luxury market trends: While contracts over $10M surged by 66% , deals over $5M dropped 33%, suggesting a shift towards higher-end investments with standout appeal, or perhaps more caution in the mid-luxury segment. - Resale strength: Resale condos saw a 9% rise in contracts from a year ago, showing strong buyer interest in established properties, which are often seen as offering better value and negotiation opportunities than new developments. - Resilience in the market: Contracts signed have been climbing steadily in the past few months, even as challenges persist. Manhattan’s market has shown a consistent ability to adapt, reflecting its resilience and long-term appeal. It's clear that despite global uncertainties, the allure of New York City real estate remains strong. Those investing in Manhattan are seeing that even with short-term dips, the long-term value is undeniable. Feel free to message me if you want to discuss the latest market trends or are considering buying or selling in this ever-evolving landscape. #NYCRealEstate #MarketInsights #ManhattanResilience #InvestmentPotential
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📈 Real Estate Update: Manhattan's Vibrant Market 🏙️ Here's a snapshot of the exciting developments in Manhattan's real estate market over the past week: 1️⃣ Contract Signings: 142 contracts were signed in Manhattan last week, showcasing a robust market. While there was a 15% dip compared to the previous week, there's a notable 13% increase year-over-year. 2️⃣ Consistent Growth: The positive momentum continues with the fifth consecutive year-over-year increase in signed contracts—the longest streak since 2021. 3️⃣ Geographic Expansion: Both Midtown and the Financial District & Battery Park City experienced remarkable growth, with contract activity more than doubling compared to the same week last year. 4️⃣ Sales Performance: Year-to-date figures reveal a flourishing market, with resale co-ops up by an impressive 19%, resale condos showing a 10% increase, while new development experiences a slight 9% decline. 5️⃣ Top Contract: The spotlight shines on Central Park Tower 107/108, listed at $149.5M ($11,906 PSF). Reportedly under contract for $115M ($11,622 PSF), this marks the highest priced sponsor sale since 2018 and the fourth highest ever—a testament to Manhattan's enduring allure. Exciting times in the heart of the city! 🏢💼 #realestate #ManhattanMarket #PropertyUpdate
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