The Buyer’s Market That Isn’t: A Battle Of Data Vs. Perception In New York Real Estate
The Buyer’s Market That Isn’t: A Battle Of Data Vs. Perception In New York Real Estate
Abstract
The median listing discount for contracts signed after less than 30 days on market is still 0%. Units priced at the market are still selling and selling quickly. The listing season this fall has been notably lackluster, but the current rise upward has been relatively tame. It has risen sharply as the market slowed and is likely higher for many units. The lack of notable discounts is not to be seen. Prices, however, is not surprising.
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