NYC Residential Sales Transactions Blogpost #1 (Dec. 8th 2020)
Want to get the inside scoop about NYC and Manhattan’s residential sales market?
There’s a simple way to do that, by visiting only the following 3 sites:
(1) Miller Samuel’s reports are the most detailed both micro and macro. This appraisal firm is also the provider of the Douglas Eliman reports.
(2) Donna Olshan’s market report,a weekly roll up of the deals that are 4mm and over.
(3) Once you get Donna’s pulse reading on why the biggest residential assets traded this week, you should fly over to the macro position and zoom out on the City at large. Look what the team at MarketProof’s put together in its bar charts and data graphs.
These two sites together tell you what happened this week, what’s still on the market and for how long, discounts on asking prices, and ultimately what has closed, in terms of what’s gone into contract, and also what is now in that the city property transfer database, ACRIS.
Check back soon for more resources, news and analysis.