New York March Market Update!

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Jasmine Ji | 冀雪梅

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Mar 5, 2024, 9:43:40 AMMar 5
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New York March Market Update!  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

Happy March!

Spring isn't just about blossoming flowers and new growth; it's a season of opportunity in real estate. With a revitalised perspective and renewed vigour, prepare to step into a world of possibilities that await you this March.

- Jasmine
Real Estate in the News
When Is The Best Time To List Your New York City Property? It Depends
NYC sellers must weigh factors like reduced deal volumes, stagnant prices, and prolonged listings when considering the best time to list their properties this spring. With lower activity levels, pricing competitively is crucial, and significant price cuts may be necessary to attract buyers. Understanding local market dynamics and seasonal trends is essential for maximizing success in a challenging market environment.

Read more on Forbes
How NYC Earned Its Nickname "The Big Apple"
"The Big Apple," a famous nickname for New York City, traces its origins to horse racing jargon popularized by journalist John J. Fitz Gerald in the 1920s. Revived in the 1970s for a tourism campaign, it brightened the city's image. Today, nods to this nickname are widespread, but efforts to celebrate its history continue, including proposals for street signs and sculptures.

Read more on Untapped NewYork
Younger Buyers Want Baby Boomers to Update Their Homes
Millennials worry about inheriting outdated homes from baby boomers who are staying put, according to a Morning Consult and Leaf Home survey. With many boomers living in their homes for decades without renovations, concerns arise about costly updates burdening younger buyers already facing affordability challenges in the housing market

Read more on Realtor Magazine
Local Happenings
St. Patrick’s Day Parade
The NYC Saint Patrick's Day Parade is coming up soon, and NYC's parade is a really big deal. It's the oldest and largest St. Patrick’s Day Parade in the world. The first NYC parade was held in 1762, and it's been a time-honored tradition of Irish pride ever since.

Click HERE for more information!
JAPAN Fes
The first JAPAN Fes of the season is on March 23 in the East Village. Eat your way through Japan without ever leaving NYC at JAPAN Fes, the massive foodie festival, which is back and bigger than ever for 2024.

Click HERE for more information!
Lifestyle Tips & Tricks
Kitchen + Dining Room From HGTV Dream Home 2024
Beautiful blue cabinetry provides tons of storage in this open kitchen with stunning water views. A lighter aqua-colored island gives family and friends a spot to gather around in this delightful space with layers of blues.

Collection for New Developments at Upper East Side
249 East 62nd Street # 20B
3 BD 3 BA 1693 SF $3,950,000
201 E 74th St # 11A
3 BD 4 BA 2171 SF $4,900,000
305 E 61st St # 602
3 BD 3 BA 2079 SF $4,475,000
126 E 86th St # 11B
3 BD 3 BA 1700 SF $3,990,000
310 E 86th St # 11A
3 BD 3 BA 1815 SF $3,890,000
430 E 58th St # 27A
3 BD 4 BA 1845 SF $4,725,000
Jasmine Ji | 冀雪梅

Lic. Assoc. R.E. Broker
Mobile: 917.808.5286
WeChat: JasmineNYC
Office: 212-913-9058
Compass is a licensed real estate broker. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. All Coming Soon listings in NYC are simultaneously syndicated to the REBNY RLS. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.
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