Posts featuring MARKET TRENDS
UPPER WEST SIDE
Two low-priced November townhouse sales, explained
Posted December 4th, 2018 by Richard Pretsfelder, Sophie Smadbeck

With the explosion of real estate data on the internet in recent years, buyers and sellers have been empowered with data to better understand... Read More

MARKET TRENDS
Year-Over-Year Numbers Even Out As Bid-Ask Spread Tightens on the Upper West Side
Posted October 10th, 2018 by Richard Pretsfelder, Sophie Smadbeck

Momentum continued this month for the Upper West Side townhouse market with 3 sales in September, all of which were multifamily properties which... Read More

UPPER WEST SIDE
Upper West Side Bid-Ask Spread Quarterly Report - Q3 2018
Posted October 1st, 2018 by Richard Pretsfelder, Sophie Smadbeck

There was a sharp decrease in bid-ask spread at the beginning of the 3rd quarter, dropping from 28.4% in July to 17.8% in August. September was... Read More

UPPER WEST SIDE
After Slow Start to Summer, UWS Townhouse Market Begins to Show Signs of Life
Posted August 6th, 2018 by Richard Pretsfelder, Sophie Smadbeck

True to typical summer seasonality, sales volume slowed in July with only one sale. However, the one sale at 352 Riverside Drive was an 8-figure... Read More

UPPER WEST SIDE
Upper West Side Rental Market Picks Up in Summer 2018
Posted July 26th, 2018 by Richard Pretsfelder, Sophie Smadbeck

A recent map published by Zumper shows the median rent for 1-bedroom apartments in each neighborhood across New York City for the summer of... Read More

UPPER WEST SIDE
Upper West Side Bid-Ask Spread Quarterly Report - Q2 2018
Posted July 12th, 2018 by Richard Pretsfelder, Sophie Smadbeck

There was a steady decline in spread since the end of 2017, due to consistent price drops in a slow market. The low point since then was a 23.8%... Read More

UPPER WEST SIDE
Upper West Side Bid-Ask Spread Quarterly Report - Q1 2018
Posted April 5th, 2018 by Richard Pretsfelder, Sophie Smadbeck

Since June 2017, we've been tracking and recording the bid-ask spread for Upper West Side townhouses. The bid-ask spread represents the... Read More

MARKET TRENDS
Is New York Losing Its Appeal Among Foreign Real Estate Investors?
Posted January 15th, 2018 by Caylyn Sullivan

The recent release of the results of the 2017 survey taken among the members of the Association of Foreign Investors in Real Estate (AFIRE) have... Read More