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We are excited to share with you the latest insights and highlights from the Manhattan real estate market. Welcome to our newsletter, tailored to provide you with exclusive updates and curated content to elevate your real estate experience! |
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| | | | | Manhattan April Market Report |
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Contract signings increased by 9.6%, accompanied by a significant 17.1% rise in the average time properties remained on the market compared to the previous year. While the average sale price dropped by 0.3%, median sale prices saw a notable 9.1% increase compared to the previous month. |
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| | | In April, the luxury real estate market (properties valued at 4M+) experienced a notable shift in activity. The month began and end with 26 contracts signed, followed by a peak in the second last week with contracts signed. This marked a change from the previous pattern, where peak activity occurred towards the end of the month. Source: Olshan Market Report |
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Maximize the value of your home with Compass Concierge. |
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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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