Park Slope Real Estate Market Broke Home Price Record in 2015. Luxury Market Was Booming
Park Slope Residential Market Highlights (2015) The median home sale price continued to climb in 2015 to a record value of $930,000, up by 10% from 2014; The number of sales was at its second-lowest in the last decade: 478 sales; The luxury market in Park Slope was booming, with 91 properties over $1.5 million changing…
Top 20 NYC Single-Family Home Sales in 2015
2015 was yet another busy year for New York City real estate and we turned to our database for the top 20 most expensive single-family sales. All but one were in Manhattan. The single exception was a $15.5M sale in Cobble Hill, Brooklyn. Here are the exceptional properties that were the most sought after by…
Top 20 NYC Co-Op Sales in 2015
The first half of 2015 was especially hot for NYC’s co-op market. 15 of the top 20 most expensive units were sold in the first 6 months of the year. Lenox Hill dominates the list while the Upper West Side also made quite a few notable appearances. Discover the most expensive NYC co-op sales in…
Median Home Sale Price in Astoria Climbs to All-Time-High
Astoria Residential Market Highlights in 2015 Median Home Sale Price in Astoria Overall: $551,500 (+17% Y-o-Y). The number of sales is at its second highest level since the market fell (267 transactions). Ditmars-Steinway was the 5th most expensive neighborhood in Queens by median sale price ($794,500, up 20% Y-o-Y). Most expensive home sold: $3M for…
Williamsburg Breaks New Home Price Record in 2015, but Occupies Bottom Position in the Top 10 List of Most Expensive Brooklyn Neighborhoods
The crowned king of Brooklyn gentrification, Williamsburg occupies only the 9th spot on Brooklyn’s top 10 star neighborhood list. This is despite the fact that the Williamsburg real estate market registered its highest median home sale price ever: $900,600. A New Record for Williamsburg’s Median Home Sale Price: $900,600 With only 499 residential sales* closed in 2015 — the second lowest number of sales…
Home Prices and Luxury Sales in Brooklyn at New Peaks in 2015
Brooklyn 2015 real estate market report highlights: Brooklyn median home sale price hit an all time high in 2015, reaching $560,000. The luxury market registered a record number of sales in 2015: 570 (up by 16% year-over-year) DUMBO was the most expensive neighborhood in Brooklyn: median home sale price: $1.4M Prospect Lefferts Gardens registered the biggest home…
Sunnyside Real Estate in 2015: Still Affordable?
Sunnyside Real Estate Market Report 2015 Median Sale Price: $294,500 Located on the Western side of Queens and home to the charming historic district of Sunnyside Gardens, this neighborhood is attractive to buyers due to the easy access to Manhattan via the 7 subway line and due to its still affordable prices, especially if compared…
Long Island City Home Sales Set New Records in 2015
Median sale price at an all-time-high and the luxury market is flourishing! The Long Island City area* has for a while now been center stage in New York real estate and our latest market report shows that things are not changing. On the contrary, the median sale price per property hit an all-time high at…
Queens Home Sales Prices Hit 8-Year High in 2015
Queens: median sale price is back to levels seen before 2008 Residential Market Highlights The median Queens home sales price hits an 8-year high: $360,000. The total number of transactions was 11,500 (-5% Y-o-Y). The luxury market record for number of sales was broken: 323 sales recorded over $1M. The most expensive neighborhood: Forest Hills…
Median Home Prices in 3 NYC Neighborhoods Jumped Over $3 Million in 2015
New York City may be revered as the real estate mecca of our planet, but where you live in the Big Apple still makes a big difference. If you’d like to call home one of the trendiest NYC neighborhoods and join the celebrities, be prepared to pay more than $3 million for an “average home.” For the first…
Uncovering 215 Years of Home Architecture in NYC [Slideshow]
By revamping one of our older research project, our friends at RENTCafé have crafted a cool slideshow of the evolution of home architecture in NYC over the last 215 years. They’ve captured snapshots of beautiful homes via Google Maps Street View and crunched interesting property data from our property reports. If you’re not the walking…
How to Run an Accurate Condo Appraisal in NYC
See how to perform accurate condo appraisals in NYC using precise comparables, comprehensive for-sale inventories, foreclosures, maps & more.
How to find more leads among condo owners
As a residential broker, building long-term relationships with clients and finding prospects is essential for success in this business. Maintaining a steady flow of leads is closely connected to how much exposure you gain and how you manage to reinforce your presence on the market. Direct-mail is still a very efficient marketing channel when you…
Queens Sees All-Time-High in Luxury Sales
Manhattan – Brooklyn – Queens. The search for affordability has been forcing many NYC home buyers to follow this path in order to find a home. As prices are sky rocketing in Manhattan and more than half of Brooklyn, Queens is now stepping into the limelight as the most desirable borough where one can still find an affordable…
How to Research Condos in NYC: Find Building Management & Contact Details, Condo Declarations, Owners & More
Find out how to research condos in New York City the easy way: find management information, unit owners, sales records, condo declarations and more.
11 Now-and-Then Images Show a Transformed NYC: The Queens and Bronx Edition
If Manhattan and Brooklyn have always been the talk of the town in terms of real estate development, it’s time for Queens and the Bronx to step into the limelight. Backed up by strong demand and low vacancies, construction activity has been picking up in less hyped areas of New York City, with major new…
Zoom In: Brooklyn’s Condo and Co-Op Sales Activity in Q3, 2015
In Q3, 2015, Brooklyn continued to be a seller’s market. Buyer demand outpaced inventory despite the fact that median home sale prices in more than half of Brooklyn neighborhoods are skyrocketing, with the luxury segment in particular thriving. According to the Corcoran report, last quarter registered 1,271 co-op and condo sales, a 7% decrease compared to Q2, 2015. The…
A Decade of Home Price Changes in NYC Reveals a Very Divided City
Everywhere we turn these days, the real estate headlines seem to announce the same thing: “Average home prices in Manhattan hit a new record.” Then a new one. And it’s not just in Manhattan that home prices have been sky-rocketing month after month. In parts of Brooklyn and Queens average home price tags are boasting staggering numbers, as…
Agent-Branded Reports for the NYC Commercial Real Estate Market May Be Your Next Best Thing
How are you keeping up with the latest trends in the NYC market? If you use market reports for your own research, for your marketing or for client presentations, the following piece of news will be music to your ears: we’re planning to develop a new tool which will help you generate agent-branded reports for the NYC commercial real estate market,…
Zoom In: Manhattan’s Condo and Co-op Sales Activity in Q3, 2015
Manhattan has just ended “one of the strongest summer selling seasons in the last five years” states the Corcoran real estate market report for Q3. The total number of Manhattan condo and co-op sales was up by 3% compared with 2014. There were 4,082 units sold at a median price of $999K, a 10-year-high price and a 5%…
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