Real Talk Real Estate

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Feeling Cautiously Optimistic | October 2023 Manhattan Real Estate Market Report Analysis

Wed, 29 Nov 2023 17:01:00 -0500

There were a total of 838 contracts signed in October 2023, +5% year-over-year and +35% compared to September. That's the first increase in contacts signed since April of this year! But, as usual, there's a lot more to the story than just one statistic - listen to the podcast to stay informed about the Manhattan real estate market!

If you have any questions about the market, what the future could hold for your property, or just want to know some more about that listing down the street, feel free to give us a call.

SHOW NOTES: https://gasdaskaconlonteam.com/october-2023-manhattan-real-estate-market-report/

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https://johnandjonathansellnyc.com/most-and-least-desirable-apartment-features-in-manhattan/

NYC Sponsor Units - What You NEED To Know

Thu, 09 Nov 2023 11:10:00 -0500

Welcome to the John and Jonathan Sell NYC Podcast, where experienced, expert NYC real estate brokers John Gasdaska and Jonathan Conlon break down what’s happening in the market, what you need to know whether you’re a buyer, seller, or agent, and their insight into the future, with a little bit of fun along the way.

In this episode of the Real Talk NYC Real Estate Podcast, John and Jonathan will cover what a sponsor unit/apartment is, the pros and cons of sponsor sales, how to know if a sponsor unit is the right fit for you, and what the pros and cons of purchasing a sponsor unit are.

We also have a blog post that goes in-depth on the topic - check it out!

https://gasdaskaconlonteam.com/what-are-sponsor-units-why-so-desirable/

Topics Covered:

00:00 Intro and General Sponsor Unit Info

01:22 Why/When/How Do Sponsor Units Come Available?

02:35 What's the Appeal of a Sponsor Unit?

05:02 What about Sponsor Unit Renovation Companies?

05:49 Condition of Sponsor Units & About Sponsor Renovations

07:01 Pros and Cons of Buying a Sponsor Unit

09:37 Contact Us To Learn More!

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Come visit us at 590 Madison Avenue, NY, NY 10022, or give us a call at 212-836-1015.

Best and Worst NYC Amenities and Apartment Features

Fri, 27 Oct 2023 00:00:00 -0500

In this episode of the Real Talk NYC Real Estate podcast, John and Jonathan cover everything you need to know about the best and worst nyc amenities through the lens of real estate. Nearly every amenity is a 'must have' for some buyers, but as with most things in real estate, the more niche the less liquid your asset will be.

Show Notes:

Rising Interest Rates | Q3 2023 Manhattan Real Estate Market Report Analysis

Mon, 16 Oct 2023 14:31:00 -0500

Rising interest rates in Q3 shook the confidence of both buyers that finance and buyers that pay cash. Rates of 7.49% as of 10/05/2023 have significantly impacted all of the key metrics that we track. But, as usual, there's a lot more to the story - listen to the podcast to stay informed about the Manhattan real estate market!

If you have any questions about the market, what the future could hold for your property, or just want to know some more about that listing down the street, feel free to give us a call.

SHOW NOTES: https://gasdaskaconlonteam.com/interest-rate-q3-2023-manhattan-real-estate-market-report-analysis/

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SHOW NOTES: https://gasdaskaconlonteam.com/breaking-down-an-average-month-august-2023-manhattan-real-estate-market-report-analysis/

An AVERAGE August? | August 2023 Manhattan Real Estate Market Report Analysis

Thu, 28 Sep 2023 14:28:00 -0500

Though it may appear that the market is cooling when you look at contracts signed and inventory, there are significant signs of life in the $5M+ category. Tune in to find out why these and other apartments are transacting in a market where so many apartments are sitting on the market with barely a nibble of interest.

If you have any questions about the market, what the future could hold for your property, or just want to know some more about that listing down the street, feel free to give us a call.

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SHOW NOTES: https://gasdaskaconlonteam.com/impact-of-seasonality-july-2023-manhattan-real-estate-market-report-analysis/

The Impact of Seasonality | July 2023 Manhattan Real Estate Market Report Analysis

Fri, 25 Aug 2023 12:06:00 -0500

In July 2023, just over 800 contracts were signed, down -4% year-over-year and -18% from last month. Rising interest rates and summer travel may be contributing factors - listen in to find out how!

If you have any questions about the market, what the future could hold for your property, or just want to know some more about that listing down the street, feel free to give us a call.

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A Step-by-Step Guide To Selling Your NYC Apartment

Tue, 15 Aug 2023 11:39:00 -0500

In this episode of the Real Talk NYC Real Estate podcast, John and Jonathan outline every step of the sales process, from listing prep to the closing table. They answer common questions about selling real estate in NYC - plus a few more questions you may not have considered yet. It's a truly comprehensive guide of what to do from the moment you think about selling your home, so if you're thinking about it, tune in now!

If you have any questions about the market, what the future could hold for your property, or just want to know some more about that listing down the street, feel free to give us a call.

SHOW NOTES: A Step-by-Step Guide To Selling Your NYC Apartment coming soon!

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Do I Really HAVE To Stage A NYC Apartment To Sell It?

Mon, 07 Aug 2023 14:35:00 -0500

Staging is one of the most important pieces of preparation in selling your NYC apartment - but it doesn't always mean hiring a professional stager. Depending on your resources, the price point of your apartment, and the current market climate, there are several staging options to consider: working with your agent, going the virtually staged route, or working with a professional.

If you have any questions about the market, what the future could hold for your property, or just want to know some more about that listing down the street, feel free to give us a call.

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Price Point Differences | Q2 2023 Manhattan Real Estate Market Report Analysis

Fri, 28 Jul 2023 15:49:00 -0500

Q2 2023 showed different trends at different price points - most apparent at both ends of the spectrum. What does that means for buyers and sellers? Watch to hear what expert NYC real estate brokers John Gasdaska and Jonathan Conlon think.

If you have any questions about the market, what the future could hold for your property, or just want to know some more about that listing down the street, feel free to give us a call.

SHOW NOTES: https://gasdaskaconlonteam.com/may-2023-manhattan-real-estate-market-report-analysis/

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Encouraging Results | May 2023 Manhattan Real Estate Market Report

Wed, 21 Jun 2023 16:49:00 -0500

In May 2023, the number of contracts signed rose 24% to 1,199. The annual market-wide decline that has been trending for months shrunk in May, indicating that the market may be revving back up!

Inventory numbers remained high, at 7,439. That's just over 10% higher than the ten year average for the month of May. If you are searching for a new home, you have more options than you've had in months.

Buyers should be decisive as this market which has allowed them to take their time and be picky may be replaced with a much more competitive market soon. Sellers can use this to their advantage with asking prices that inspire competition.

If you have any questions about the market, what the future could hold for your property, or just want to know some more about that listing down the street, feel free to give us a call.

SHOW NOTES: https://gasdaskaconlonteam.com/may-2023-manhattan-real-estate-market-report-analysis/

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Mixed Signals From the Market? | April 2023 Manhattan Real Estate Market Report

Fri, 26 May 2023 12:28:00 -0500

Welcome to the Real Talk NYC Real Estate Podcast, where experienced, expert NYC real estate brokers John Gasdaska and Jonathan Conlon break down what’s happening in the market, what you need to know whether you’re a buyer, seller, or agent, and their insight into the future, with a little bit of fun along the way.
This month the market sent us quite a few mixed signals. In April 2023, the overall number of contracts signed dropped 37% since April 2022 and 18% since March 2023. Inventory numbers surged to 7,877 active listings, a two-year high. Meanwhile, days on market continued the steady decline that began in February 2023, settling at an average of 121 days by the end of April.
So, what does this mean for buyers and sellers as we head into May of 2023? Tune in to hear what John and Jonathan think.
If you have any questions about the market, what the future could hold for your property, or just want to know some more about that listing down the street, feel free to give us a call.
SHOW NOTES: https://gasdaskaconlonteam.com/april-2023-manhattan-real-estate-market-report/
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A Lively Market Despite Seasonality | Q1 2023 Manhattan Real Estate Market Report

Thu, 11 May 2023 15:42:00 -0500

In Q1 2023, the overall number of contracts signed was significantly below Q1 2022, but the Manhattan real estate market gained some encouraging momentum during the quarter. Market-wide closings registered 2,500 sales, returning to the pace seen during the first quarters of historically slower years from 2018 - 2020.

But, as usual, there's a lot more to the story than just one statistic - listen to the podcast to stay informed about the Manhattan real estate market!

SHOW NOTES: https://gasdaskaconlonteam.com/q1-2023-manhattan-real-estate-market-report/

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Stuff You Should Know BEFORE You Renovate A NYC Apartment

Tue, 25 Apr 2023 14:49:00 -0500

In this episode John and Jonathan finally tackle the complex topic of renovation! Thanks to some of their new clients, the guys share their wisdom on the timing of your renovations, how to find a good team to take on your remodeling projects, some design do's and don'ts (from the lens of resaleability), & more!

If you have any questions about the market, what the future could hold for your property, or just want to know some more about that listing down the street, feel free to give us a call.

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Most Contracts Signed Since June | February 2023 Manhattan Real Estate Market Report Analysis

Mon, 03 Apr 2023 15:49:00 -0500

In this episode, we'll be discussing the latest Manhattan real estate market statistics from February 2023, including a 29% drop in contracts signed compared to last year's record-setting February and a 40% increase compared to January 2023, which was the sharpest month-over-month increase we've seen since late 2020.

We'll be diving into what's happening at each price point and discussing days on market for both condos and co-ops. Finally, we'll be analyzing the inventory levels and discussing how the lack of inventory is impacting our market. Join us as we take a closer look at the latest Manhattan real estate market statistics and uncover what they mean for buyers, sellers, and investors.

SHOW NOTES: https://gasdaskaconlonteam.com/february-2023-manhattan-real-estate-market-report

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📅 Stay informed and up to date with what is going on in your city - whether or not you are ready to start a real estate transaction, the information we provide can help you make smart decisions.

New NYC Buyer? This Is What You Need To Know

Thu, 16 Mar 2023 14:48:00 -0500

Today, John and Jonathan cover how to buy property in New York City from start to finish - every step from determining your wants and needs, to which neighborhoods to target, to what the board interview process is like. If you're a first-time buyer in the city, this episode is written for you!

SEE ALL THE STEPS MAPPED OUT: https://gasdaskaconlonteam.com/buying-property-in-nyc/

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📅 Stay informed and up to date with what is going on in your city - whether or not you are ready to start a real estate transaction, the information we provide can help you make smart decisions.

The Pros and Cons of Buying a Co-op vs Condo in NYC

Thu, 16 Mar 2023 14:16:00 -0500

You’d never be able to tell the difference between a co-op or a condo by just walking in - it’s the behind the scenes aspects that make them different. From taxes, privacy, subletting policies, and pricing to ease of transfer and ease of use, there are certainly things to know before purchasing either property type. In this episode, John and Jonathan give you a glimpse into the explanation they would give to a new buyer who is looking to purchase in the city.

MORE INFORMATION: https://gasdaskaconlonteam.com/buying-nyc-co-ops-vs-condos/

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Is the Drop in Manhattan's Real Estate a Result of Seasonality, Inventory Issues, or Both?

Wed, 22 Feb 2023 14:51:00 -0500

In this episode, expert NYC real estate brokers John Gasdaska and Jonathan Conlon review Corcoran's Manhattan real estate market report and give their January 2023 Manhattan real estate market report analysis.

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Come visit us at 590 Madison Avenue, NY, NY 10022, or give us a call at 212-836-1015.

Unpacking the Q4 2022 Manhattan Real Estate Market: In-Depth Report and Analysis

Fri, 10 Feb 2023 20:23:00 -0500

In this episode, expert NYC real estate brokers John Gasdaska and Jonathan Conlon review Corcoran's Manhattan real estate market report and give their Q4 2022 Manhattan real estate market report analysis.

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ABOUT THE GASDASKA CONLON TEAM:

📅 Stay informed and up to date with what is going on in your city - whether or not you are ready to start a real estate transaction, the information we provide can help you make smart decisions.

Come visit us at 590 Madison Avenue, NY, NY 10022, or give us a call at 212-836-1015.

The Pros and Cons of NYC Garden Apartments

Wed, 18 Jan 2023 20:13:00 -0500

A garden apartment in New York City typically refers to a ground-floor apartment in a multi-unit building that comes with private access to outdoor green space, but there are definitely pros and cons to this apartment type. Are they right for you?

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ABOUT THE GASDASKA CONLON TEAM:

📅 Stay informed and up to date with what is going on in your city - whether or not you are ready to start a real estate transaction, the information we provide can help you make smart decisions.

Come visit us at 590 Madison Avenue, NY, NY 10022, or give us a call at 212-836-1015.

Demystifying Maisonettes in Manhattan

Wed, 04 Jan 2023 15:15:00 -0500

Through the course of our podcast, we’ve covered many different apartment types. In this episode, we’re covering another ground floor offering – the maisonette apartment!

Technically speaking, a maisonette is a first floor apartment in a multi-unit apartment building with a private entrance from the street. Some New York brokers will expand the definition to include first floor apartments with an entry directly off of the lobby.

This basic definition of the term maisonette leaves a little information to be desired, though. What is the origin of the maisonette? Where can you find one? What are the pros and cons of purchasing a maisonette? We’ll cover all of that and more in this episode!

If you have any questions about the market, what the future could hold for your property, or just want to know some more about that listing down the street, feel free to give us a call.

SHOW NOTES: https://gasdaskaconlonteam.com/what-is-a-maisonette-apartment-in-nyc/

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Why is Central Air SO Uncommon in New York City?

Wed, 28 Dec 2022 08:00:00 -0500

Whether you’re searching for a rental apartment or looking to buy the perfect home in Manhattan, you may have noticed a surprising trend (especially if you’re not a native or long-time NYC resident). Most New York City apartments don’t have central air!

The lack of central air in most buildings in New York City comes down to when they were built. The NYC Department of Buildings reports roughly 75% of the residential buildings throughout the five boroughs were built before 1960. Central air didn’t become standard until the late 60s/early 70s.

So, that charming pre-war you’ve got your heart set on may not have central air conditioning. But, as usual, New Yorkers have figured out a number of ways to keep cool without central air! Listen to this episode to learn all about air conditioning in NYC.

If you have any questions about the market, what the future could hold for your property, or just want to know some more about that listing down the street, feel free to give us a call.

SHOW NOTES: https://gasdaskaconlonteam.com/why-central-air-is-uncommon-in-nyc/

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Exhaustion In The Marketplace? | November 2022 Real Talk NYC Real Estate Podcast

Thu, 22 Dec 2022 17:35:00 -0500

There were a total of 797 contracts signed in November 2022, up 0.1% vs. October 2022, but down 43% vs November 2021. The total was just 4% below sales in November 2019. Higher price ranges faced the sharpest declines in activity, with $5M+ sales down by over two-thirds annually.

But, as usual, there's a lot more to the story than just one statistic - listen to the podcast to stay informed about the Manhattan real estate market!

If you have any questions about the market, what the future could hold for your property, or just want to know some more about that listing down the street, feel free to give us a call.

SHOW NOTES:

https://gasdaskaconlonteam.com/ep-68-q3-2022-manhattan-real-estate-update/

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What You Need to Know About Washers and Dryers in New York

Thu, 15 Dec 2022 12:18:00 -0500

In this episode of Real Talk NYC Real Estate John and Jonathan tackle one of the most common questions in New York real estate: Why do most New York apartments lack washers and dryers?

In the rest of the country, it's expected that most homes and apartments have a washer and dryer. In New York City, however, that amenity is more of a luxury!

John and Jonathan will explain why you can expect to find at least a stackable unit in most luxury-priced apartments, while those in lower price points tend to rely on either building laundry rooms or external laundry services. They also cover what options you have if your dream apartment is missing these modern appliances.

SHOW NOTES: https://gasdaskaconlonteam.com/why-nyc-apartments-lack-washers-and-dryers/

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Should You Buy An Apartment In A Land Lease Building?

Wed, 07 Dec 2022 14:04:00 -0500

The New York City real estate market is like no other in the world. That means there are a few conversations that we have to have with all of our first-time buyers. One of the most common begins with the question "Should I Buy An Apartment In A Land-Lease Building?"

Transacting on apartments in land-lease buildings comes with a few unique hurdles to jump through. For most buyers, it can be difficult to tell if a building is a land-lease or not, and even more difficult to track down who the landowner is.

Listen in to learn these nuances and the pros and cons of purchasing in a land-lease building.

SHOW NOTES: https://gasdaskaconlonteam.com/land-lease-buildings-in-nyc-explained/

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Seasonality in Manhattan Real Estate | October 2022 Real Estate Market Update

Thu, 01 Dec 2022 16:49:00 -0500

🗣 Welcome to the Real Talk NYC Real Estate Podcast, where experienced, expert NYC real estate brokers John Gasdaska and Jonathan Conlon break down what’s happening in the market, what you need to know whether you’re a buyer, seller, or agent, and their insight into the future, with a little bit of fun along the way.

There were a total of 796 contracts signed in October 2022, -42% compared to October 2021, and +4% compared to September 2022. This was the second consecutive month where sales fell below the 2019 average.

But, as usual, there's a lot more to the story than just one statistic - listen to the podcast to stay informed about the Manhattan real estate market!

If you have any questions about the market, what the future could hold for your property, or just want to know some more about that listing down the street, feel free to give us a call.

SHOW NOTES:

https://gasdaskaconlonteam.com/ep-68-q3-2022-manhattan-real-estate-update/

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Real Talk With the Queen of Park & Fifth Avenue, Sharon Baum

Tue, 22 Nov 2022 11:21:00 -0500

In this week’s episode, John and Jonathan sit down for an interview with the one and only Sharon Baum. Sharon has been one of the most influential and successful agents in Manhattan for decades. Her impeccable reputation and moral integrity are known throughout both the City and the entire brokerage community.

Sharon is responsible for selling some of Manhattan’s most celebrated cooperatives and condominiums. Her celebrity clientele has remained loyal to her for many years. We are thrilled to have this opportunity to learn from and get to know Sharon in a way that we can share with all of you.

MORE ABOUT SHARON: https://gasdaskaconlonteam.com/sharon-baum/

If you have any questions about the market, what the future could hold for your property, or just want to know more about that listing down the street, feel free to give us a call.

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📅 Stay informed and up to date with what is going on in your city - whether or not you are ready to start a real estate transaction, the information we provide can help you make smart decisions.

Q3 2022 | Manhattan Real Estate Update

Tue, 18 Oct 2022 15:16:00 -0500

In this week’s episode, John and Jonathan review Corcoran's Manhattan real estate market report for Q3 2022. The guys talk about contracts signed, active listings, days on market, and what they expect heading into the final quarter of FY 2022.

There were a total of 2,576 contracts signed in Q3 2022, down 36% from Q2 2022, and down 29% vs Q3 2021. This shift from post-pandemic record-high deal activity brought the number of contracts in line with the Q3 average seen in the years since 2008. Contracts signed were also 13% greater than the third quarter average from 2018 and 2019.

SHOW NOTES: https://gasdaskaconlonteam.com/ep-68-q3-2022-manhattan-real-estate-update/

If you have any questions about the market, what the future could hold for your property, or just want to know some more about that listing down the street, feel free to give us a call.

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ABOUT THE GASDASKA CONLON TEAM

📅 Stay informed and up to date with what is going on in your city - whether or not you are ready to start a real estate transaction, the information we provide can help you make smart decisions.

August 2022 Manhattan Real Estate Market Update

Wed, 21 Sep 2022 13:24:00 -0500

In this episode, expert NYC real estate brokers John Gasdaska and Jonathan Conlon review Corcoran’s Manhattan real estate market report for August 2022. They cover contracts signed, active listings, days on market, and the trends suggested by these statistics.

SHOW NOTES:

https://gasdaskaconlonteam.com/ep-67-august-2022-manhattan-real-estate-update/

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📅 Stay informed and up to date with what is going on in your city - whether or not you are ready to start a real estate transaction, the information we provide can help you make smart decisions.

July 2022 Manhattan Real Estate Market Update

Wed, 31 Aug 2022 12:42:00 -0500

Welcome to the Real Talk NYC Real Estate Podcast, where experienced, expert NYC real estate brokers John Gasdaska and Jonathan Conlon break down what’s happening in the market, what you need to know whether you’re a buyer, seller, or agent, and their personal insights into the future of the market, with a little bit of fun along the way.

In this episode, John Gasdaska reviews Corcoran's Manhattan real estate market report for July 2022. He covers contracts signed, active listings, days on market, and the trends suggested by these statistics

John, one of the founding real estate experts of the Gasdaska Conlon Team, dives deep into the real estate statistics and what they mean for July 2022. He also sheds light on the implications of last month's results for savvy buyers like our listeners.

SHOW NOTES:

https://gasdaskaconlonteam.com/july-2022-manhattan-real-estate-update/

If you have any questions about the market, what the future could hold for your property, or just want to know some more about that listing down the street, feel free to give us a call.

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📅 Stay informed and up to date with what is going on in your city - whether or not you are ready to start a real estate transaction, the information we provide can help you make smart decisions.

Q2 2022 | Manhattan Real Estate Market Update

Wed, 13 Jul 2022 14:00:00 -0500

In this episode, Jonathan reviews Corcoran’s Manhattan real estate market report for Q2 2022. He discusses May’s trends and explain how that reflects what he's seeing in their business (and hearing from other brokers).

SHOW NOTES: https://gasdaskaconlonteam.com/ep-65-q2-2022-manhattan-real-estate-update/

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📅 Stay informed and up to date with what is going on in your city - whether or not you are ready to start a real estate transaction, the information we provide can help you make smart decisions.

May 2022 Manhattan Real Estate Market Update

Thu, 09 Jun 2022 13:20:00 -0500

In this episode, John and Jonathan review Corcoran’s Manhattan real estate market report for May 2022. They discuss May’s trends and explain how that reflects what they’re seeing in their business (and hearing from other brokers).

The real estate experts of the Gasdaska Conlon Team dive deep into contracts signed, active listings, and days on market for May 2022. They also discuss what those factors mean for anyone in the market this summer, buyers or sellers.

SHOW NOTES: https://gasdaskaconlonteam.com/ep-64-may-2022-manhattan-real-estate-update/

If you have any questions about the market, what the future could hold for your property, or just want to know some more about that listing down the street, feel free to give us a call.

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ABOUT THE GASDASKA CONLON TEAM

📅 Stay informed and up to date with what is going on in your city - whether or not you are ready to start a real estate transaction, the information we provide can help you make smart decisions.

April 2022 Manhattan Real Estate Market Update

Fri, 20 May 2022 15:49:00 -0500

In this episode, John and Jonathan review Corcoran's Manhattan real estate market report for April 2022. They discuss their theories about why contracts signed for April wobbled in what is usually a strong month.

The real estate experts of the Gasdaska Conlon Team also dissect the inventory numbers and days on market for April 2022 and what those factors mean for anyone in the market this summer, especially first-time buyers.

SHOW NOTES: https://gasdaskaconlonteam.com/april-2022-manhattan-real-estate-update/

If you have any questions about the market, what the future could hold for your property, or just want to know some more about that listing down the street, feel free to give us a call.

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ABOUT THE GASDASKA CONLON TEAM

📅 Stay informed and up to date with what is going on in your city - whether or not you are ready to start a real estate transaction, the information we provide can help you make smart decisions.

First Quarter and March 2022 | Manhattan Real Estate Update

Fri, 15 Apr 2022 13:36:00 -0500

In this episode, John and Jonathan review the Manhattan real estate market reports for First Quarter and March 2022, released by Corcoran.

The guys also shed light on what the dropping days on market and inventory numbers could signify for upcoming transactions.

SHOW NOTES: https://gasdaskaconlonteam.com/ep-62-first-quarter-and-march-2022/

If you have any questions about the market, what the future could hold for your property, or just want to know some more about that listing down the street, feel free to give us a call.

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SEE OUR REVIEWS: https://g.page/gasdaskaconlonteam?gm

ABOUT THE GASDASKA CONLON TEAM

📅 Stay informed and up to date with what is going on in your city - whether or not you are ready to start a real estate transaction, the information we provide can help you make smart decisions.

February 2022 Manhattan Real Estate Update

Tue, 15 Mar 2022 14:15:00 -0500

In this episode, John and Jonathan review the Manhattan real estate update for February 2022, released by Corcoran, and what high contracts signed and low inventory mean for the market in Manhattan looking forward.

The real estate experts of the Gasdaska Conlon Team spend this episode sharing the statistics for February 2022 and what that means for buyers or sellers in the market this spring.

SHOW NOTES: https://gasdaskaconlonteam.com/ep-61-feb-2022-manhattan-real-estate-update/

If you have any questions about the market, what the future could hold for your property, or just want to know some more about that listing down the street, feel free to give us a call.

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ABOUT THE GASDASKA CONLON TEAM

📅 Stay informed and up to date with what is going on in your city - whether or not you are ready to start a real estate transaction, the information we provide can help you make smart decisions.

The Strongest January Since 2014 | Manhattan Real Estate Update

Fri, 25 Feb 2022 13:45:00 -0500

In this week’s episode, John and Jonathan review the Manhattan real estate update for January 2022, released by Corcoran, and what high contracts signed and low inventory mean for the market in Manhattan looking forward.

The real estate experts of the Gasdaska Conlon Team spend this episode sharing the statistics for January 2022 and what that means for buyers or sellers in the market this spring.

SHOW NOTES: https://gasdaskaconlonteam.com/ep-60-jan-2022-manhattan-real-estate-update/

If you have any questions about the market, what the future could hold for your property, or just want to know some more about that listing down the street, feel free to give us a call.

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ABOUT THE GASDASKA CONLON TEAM

📅 Stay informed and up to date with what is going on in your city - whether or not you are ready to start a real estate transaction, the information we provide can help you make smart decisions.

A Phenomenal Year – 2021 Annual Real Estate Market Report

Fri, 04 Feb 2022 16:25:00 -0500

In this episode, John and Jonathan review the annual real estate market report for 2021, released by Corcoran, and what those record-breaking sales mean for the real estate market in NYC going into 2022.

Following the upward trends from previous months, Manhattan real estate continued to break records as 2021 came to a close. Manhattan saw its best year yet in 2021 – partially due to pent-up demand, but also due to growth in the 3+ bedroom market. We saw growth of 36% for 2021 compared to ‘15-’19 – as we well know, 2021 was an incredibly busy year! The only thing that might slow down this momentum is inventory – listen to find out why.

SHOW NOTES: https://gasdaskaconlonteam.com/ep-59-2021-annual-real-estate-market-report/

If you have any questions about the market, what the future could hold for your property, or just want to know some more about that listing down the street, feel free to give us a call.

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ABOUT THE GASDASKA CONLON TEAM

📅 Stay informed and up to date with what is going on in your city - whether or not you are ready to start a real estate transaction, the information we provide can help you make smart decisions.

Guest Interview with Agent Ashton Palmer

Fri, 10 Sep 2021 14:23:00 -0500

Welcome to the Gasdaska Conlon Team Podcast, where experienced, expert NYC real estate brokers John Gasdaska and Jonathan Conlon break down what’s happening in the market, what you need to know whether you’re a buyer, seller, or agent, and their insight into the future, with a little bit of fun along the way.

In this week’s episode, John and Jonathan invite you to get to know another real estate agent on the Gasdaska Conlon Team, Ashton Palmer.

Ashton Palmer clues us in on his journey to NYC from Florida, his educational background, and how he got into residential real estate in Manhattan.

SHOW NOTES: https://gasdaskaconlonteam.com/ep-58-ashton-palmer-interview/

If you have any questions about the market, what the future could hold for your property, or just want to know some more about that listing down the street, feel free to give us a call.

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ABOUT THE GASDASKA CONLON TEAM

📅 Stay informed and up to date with what is going on in your city - whether or not you are ready to start a real estate transaction, the information we provide can help you make smart decisions.

Manhattan Real Estate Market Update July 2021

Fri, 20 Aug 2021 14:56:00 -0500

In this week’s episode, John and Jonathan review Manhattan’s Monthly Real Estate Market Update for July of 2021, released by Corcoran, and what that information means for current buyers and sellers.

Sales had their best July since 2013 as Days on Market continued to moderate. This July, 1,340 contracts were signed in Manhattan, the highest number of contracts of any July since 2013. As is typical, July sales fell 14% versus June but were still more than double last year’s total.

SHOW NOTES: https://gasdaskaconlonteam.com/56-july-manhattan-real-estate-market-update/

If you have any questions about the market, what the future could hold for your property, or just want to know some more about that listing down the street, feel free to give us a call.

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ABOUT THE GASDASKA CONLON TEAM

📅 Stay informed and up to date with what is going on in your city - whether or not you are ready to start a real estate transaction, the information we provide can help you make smart decisions.

Staging Apartments to Sell in NYC

Fri, 13 Aug 2021 11:40:00 -0500

In this week’s episode, John G flies solo to discuss a key strategy to getting the best price for their homes that sellers often skip: staging.

In order to stand out and allow properties to shine to their fullest potential, staging apartments is essential. Inviting expert real estate brokers like the Gasdaska Conlon Team to curate your home and belongings, emphasize the view and natural light your windows showcase, and put their special spin on your place will directly pay off in cold hard cash when you close.

SHOW NOTES: https://gasdaskaconlonteam.com/ep-55-staging-apartments-to-sell-in-nyc/

If you have any questions about the market, what the future could hold for your property, or just want to know some more about that listing down the street, feel free to give us a call.

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ABOUT THE GASDASKA CONLON TEAM

📅 Stay informed and up to date with what is going on in your city - whether or not you are ready to start a real estate transaction, the information we provide can help you make smart decisions.

For Sale By Owner Apartments in New York City

Fri, 06 Aug 2021 13:04:00 -0500

This week, John and Jonathan dig into the truth about For Sale By Owner apartments in the New York City market.

As you know if you've listened to previous episodes of the podcast, or purchased/sold a property in Manhattan, there's a lot of points in the process where a real estate transaction can fall apart. For Sale By Owner apartment transactions are even more difficult to pull off, and our hosts take this opportunity to spell out why that's the case.

SHOW NOTES: https://gasdaskaconlonteam.com/ep-54-for-sale-by-owner-apartments/

If you have any questions about the market, what the future could hold for your property, or just want to know some more about that listing down the street, feel free to give us a call.

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ABOUT THE GASDASKA CONLON TEAM

📅 Stay informed and up to date with what is going on in your city - whether or not you are ready to start a real estate transaction, the information we provide can help you make smart decisions.

Post-war Apartments - The Pros and Cons

Fri, 30 Jul 2021 12:33:00 -0500

In this week’s episode, John and Jonathan get real about post-war apartments and what they have to offer!

There are so many apartment buildings in New York City that it's necessary for brokers to classify the building types, which comes down to architectural eras. We covered pre-war apartments in episode 51, which you can listen to here! Now, we're talking all things post-war apartment.

SHOW NOTES: https://gasdaskaconlonteam.com/ep-53-post-war-apartments-pros-and-cons/

If you have any questions about the market, what the future could hold for your property, or just want to know some more about that listing down the street, feel free to give us a call.

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ABOUT THE GASDASKA CONLON TEAM

📅 Stay informed and up to date with what is going on in your city - whether or not you are ready to start a real estate transaction, the information we provide can help you make smart decisions.

Answering 3 FAQs About New York City Apartments

Fri, 16 Jul 2021 11:04:00 -0500

In this week’s episode, Jonathan addresses 3 fundamental questions the Gasdaska Conlon Team is frequently asked about New York City apartments.

By the end of this episode you'll know why square footage often isn't mentioned on apartment listings in NYC, what really constitutes a pre-war apartment, and why exactly it is so difficult to find an apartment that comes with a washer and dryer installed. Jonathan even gives his insider tips for getting your laundry done like a seasoned New Yorker! You'll be ready to shop New York City apartments in no time.

SHOW NOTES: https://johnandjonathansellnyc.com/episode-48-faqs-about-nyc-real-estate/

If you have any questions about the market, what the future could hold for your property, or just want to know some more about that listing down the street, feel free to give us a call.

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SEE OUR REVIEWS: https://g.page/gasdaskaconlonteam?gm

ABOUT THE GASDASKA CONLON TEAM

📅 Stay informed and up to date with what is going on in your city - whether or not you are ready to start a real estate transaction, the information we provide can help you make smart decisions.

Q2 2021 Manhattan Real Estate Market Stats and Analysis

Fri, 09 Jul 2021 16:37:00 -0500

In this week’s episode, John and Jonathan give their expert analysis of the Q2 2021 Manhattan real estate market statistics recently released by Corcoran.

Listen to find out why John Gasdaska says Manhattan is coming back like a lion!

SHOW NOTES: https://johnandjonathansellnyc.com/q2-2021-manhattan-real-estate-market-statistics/

If you have any questions about the market, what the future could hold for your property, or just want to know some more about that listing down the street, feel free to give us a call.

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https://johnandjonathansellnyc.com/episode-49-types-of-apartments-in-nyc/

Youtube: https://www.youtube.com/channel/UC6O2lbwagZ12LzU9LghDXnQ

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ABOUT THE GASDASKA CONLON TEAM

📅 Stay informed and up to date with what is going on in your city - whether or not you are ready to start a real estate transaction, the information we provide can help you make smart decisions.

9 Different Types of Apartments in NYC

Fri, 02 Jul 2021 21:30:00 -0500

Have you ever wondered what the difference is between a garden apartment and a maisonette? Or what exactly makes an apartment a classic 5, 6, 7, 8... and so on? What about Junior 1s and 4s?

John and Jonathan are here to clear up any confusion you have regarding these terms and more.

Searching for an apartment in NYC is about to be so much easier with the knowledge you'll gain in this episode. There are so many different layouts found in buildings throughout the city.

By the end of this podcast, you'll know the difference between common types of apartments and what suits your needs. No matter what layout you lean towards, John and Jonathan are here to help you find your dream home. Buying an apartment in New York City can be intimidating for first-time buyers and experienced buyers alike. There are so many ins and outs that you might not consider if you aren’t an experienced broker! John and Jonathan aim to demystify the process in this episode. Please don’t hesitate to reach out if you have further questions once it’s over.

SHOW NOTES:

If you have any questions about the market, what the future could hold for your property, or just want to know some more about that listing down the street, feel free to give us a call.

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SEE OUR REVIEWS:

https://johnandjonathansellnyc.com/episode-48-faqs-about-nyc-real-estate/

ABOUT THE GASDASKA CONLON TEAM

📅 Stay informed and up to date with what is going on in your city - whether or not you are ready to start a real estate transaction, the information we provide can help you make smart decisions.

3 More Things You Need to Know About NYC Real Estate

Fri, 25 Jun 2021 19:49:00 -0500

In this week’s episode, John and Jonathan tackle three frequently asked questions about NYC real estate.

Listen to hear John and Jonathan discuss how much money you should have on hand for a down payment on a co-op versus a condo, the difference between terraces and balconies and what value those outdoor spaces add to an apartment, and how to best time your transition from renting to owning in the New York City market.

SHOW NOTES:

If you have any questions about the market, what the future could hold for your property, or just want to know some more about that listing down the street, feel free to give us a call.

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https://johnandjonathansellnyc.com/real-estate-market-analysis-may-2021/

ABOUT THE GASDASKA CONLON TEAM

📅 Stay informed and up to date with what is going on in your city - whether or not you are ready to start a real estate transaction, the information we provide can help you make smart decisions.

May 2021 Manhattan Market Analysis: What's Changed?

Fri, 18 Jun 2021 09:04:00 -0500

Welcome to the Real Talk NYC Real Estate Podcast, where experienced, expert NYC real estate brokers John Gasdaska and Jonathan Conlon bread down what’s happening in the market, what you need to know whether you’re a buyer, seller, or agent, and their insight into the future, with a little bit of fun along the way.

In this week’s episode, John and Jonathan break down Manhattan’s Monthly Real Estate Market Report for May of 2021, released by Corcoran.

John and Jonathan will walk you through the statistics of this year versus how they compare to 2019.

The real estate market in New York City remains very robust, and very active – a lot of buyers are returning to the city and purchasing homes. There is a lot of turnover in the market, and with over 7,000 contracts signed in May of 2021, we are only 10% below the entire year’s data of 2020.

It’s not over! Listen up, buyers and sellers alike, you haven’t missed the market! Following the trends shown in the data here, this isn’t going to slow down any time soon.

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Guest Interview with Office Manager Daniel Champoli

Fri, 11 Jun 2021 16:11:00 -0500

In this week's episode, John and Jonathan sat down to talk with Office Manager extraordinaire and Manhattan real estate agent Daniel Champoli to discuss how he transitioned from being a member of the Catholic clergy to real estate, how his communication and listening skills make him a powerful collaborator, and what he's enjoyed the most about working with the Gasdaska Conlon Team.

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Guest Interview with Agent Fabio Petrolino

Fri, 04 Jun 2021 16:29:00 -0500

In this week’s episode, John and Jonathan sat down to talk with fellow team member and Manhattan real estate agent Fabio Petrolino to discuss how he got into real estate, how his experience in high-end fashion influenced has influenced his career in real estate, and what he’s enjoyed the most about working with the Gasdaska Conlon Team.

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Guest Interview with Agent TJ Verdiglione

Fri, 21 May 2021 17:30:00 -0500

In this week’s episode, John and Jonathan sat down to talk with fellow team member and Manhattan real estate agent TJ Verdiglione to discuss how he got into real estate, how Covid changed the real estate market in Manhattan, and what he’s enjoyed the most about working with the Gasdaska Conlon Team.

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April 2021 NYC Real Estate Market Stats and Analysis

Fri, 14 May 2021 17:32:00 -0500

In this week’s episode, John and Jonathan are giving their analysis of the April 2021 NYC real estate market stats -it’s been a record-breaking month, but there are still a few things to look out for!

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How To Ace Your NYC Co-op Board Interview

Fri, 07 May 2021 20:56:00 -0500

In this week’s episode, John and Jonathan are sharing their top tips for acing the (sometimes anxiety-inducing) board interview. The good news is once you’ve reached the board interview stage, you’re approved on paper, but there are still a few things to watch out for.

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FAQ – New Developments, Mansion Tax, and Cash Buyers

Fri, 30 Apr 2021 19:58:00 -0500

In this week’s episode, John answers some frequently asked questions about New York City real estate. Navigating the market on your own can be challenging, but our team is here to help you understand the ins and outs of buying NYC real estate, including what happens when a new development doesn’t sell out, what the mansion tax is, and whether or not cash buyers get better deals.

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FAQ: Flip Taxes, Subletting, and What's The Difference Between an Agent and a Broker?

Fri, 23 Apr 2021 16:02:00 -0500

In this week’s episode, Jonathan answers some frequently asked questions about New York City real estate. Navigating the market on your own can be challenging, but our team is here to help you understand everything to do with flip taxes, how to sublet your apartment, and the difference between a real estate agent and a broker.

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This Is The Best Start Since 2007.

Fri, 16 Apr 2021 20:15:00 -0500

Today we're covering the Q1 2021 Market Report that was just released by Corcoran - the numbers are incredibly promising, though not perfect.

In this episode, we're breaking it all down so you can be informed and make the best decisions possible.

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NYC Closing Costs: Everything You Need To Know

Fri, 02 Apr 2021 16:08:00 -0500

In this episode, John and Jonathan are divulging everything you need to know about NYC closing costs, from flip taxes to attorney's fees.

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Does Your Financial Profile Matter?

Fri, 26 Mar 2021 17:47:00 -0500

In this episode, John and Jonathan are covering how different financial profiles can make purchasing NYC real estate easier or harder.

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3 Things You Might Not Know About NYC Real Estate

Fri, 19 Mar 2021 20:34:00 -0500

In this episode, John and Jonathan are covering three things you might now know about NYC real estate – what a pied-a-terre is, what ‘Right of First Refusal’ means, and what a managing agent is.

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Everything You Need To Know About Living In Soho

Fri, 26 Feb 2021 18:16:00 -0500

In this episode, John and Jonathan are diving deep into one of New York City’s most desirable neighborhoods - Soho. From shopping to transportation, to which property types you can find there, they are giving their expert opinion and advice.

Show Notes: https://johnandjonathansellnyc.com/soho-neighborhood-guide-nyc/

While the market can be hard to predict, and both buying and selling properties can be challenging, our team has the experience, passion, and knowledge needed to help you find exactly what you need.

We don't just keep our finger on the pulse of the real estate market, we live it day in and day out.

If you have any questions about the market, what the future could hold for your property, or just want to know some more about that listing down the street, feel free to give us a call.

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ABOUT THE GASDASKA CONLON TEAM

📅 Stay informed and up to date with what is going on in your city - whether or not you are ready to start a real estate transaction, the information we provide can help you make smart decisions.

How Do Real Estate Commissions Work? Are They Worth It?

Fri, 12 Feb 2021 16:24:00 -0500

In this episode, John and Jonathan are explaining everything you need to know about real estate commissions, how they work in New York City, and why you should never try to buy or sell an apartment alone.

Show Notes: https://johnandjonathansellnyc.com/nyc-real-estate-commissions-broker-fees/

While the market can be hard to predict, and both buying and selling properties can be challenging, our team has the experience, passion, and knowledge needed to help you find exactly what you need.

We don't just keep our finger on the pulse of the real estate market, we live it day in and day out.

If you have any questions about the market, what the future could hold for your property, or just want to know some more about that listing down the street, feel free to give us a call.

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ABOUT THE GASDASKA CONLON TEAM

📅 Stay informed and up to date with what is going on in your city - whether or not you are ready to start a real estate transaction, the information we provide can help you make smart decisions.

Tribeca Neighborhood Guide

Fri, 05 Feb 2021 18:41:00 -0500

In this episode, John and Jonathan are diving deep into one of New York City’s most desirable neighborhoods - Tribeca. From cultural venues to history, to which property types you can find there, they are giving their expert opinion and advice.

Show Notes: https://johnandjonathansellnyc.com/tribeca-neighborhood-guide-nyc/

While the market can be hard to predict, and both buying and selling properties can be challenging, our team has the experience, passion, and knowledge needed to help you find exactly what you need.

We don't just keep our finger on the pulse of the real estate market, we live it day in and day out.

If you have any questions about the market, what the future could hold for your property, or just want to know some more about that listing down the street, feel free to give us a call.

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📅 Stay informed and up to date with what is going on in your city - whether or not you are ready to start a real estate transaction, the information we provide can help you make smart decisions.

Are You Ready to Buy An Apartment In Manhattan? - NYC Real Estate 101

Fri, 29 Jan 2021 19:01:00 -0500

Buying an apartment in New York City isn't like buying it in the rest of the country. We have co-ops, condos, different taxes, and different requirements than most other markets. So, if you want to buy an apartment in New York City, you should be informed. We're here to give you NYC Real Estate 101.

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Everything You Need To Know About NYC's Smallest Neighborhoods

Fri, 22 Jan 2021 19:02:00 -0500

In this episode, John and Jonathan are discussing some of the smallest neighborhoods in Manhattan, Sutton Place and Beekman Place. Though they might only be a few blocks wide, there’s tons of history and reasons you might just want to call these neighborhoods home.

Episode 20: Q4 2020 Manhattan Market Report Analysis

Fri, 15 Jan 2021 22:00:00 -0500

Welcome to The Real Talk NYC Real Estate Podcast, where experienced, expert NYC real estate brokers John Gasdaska and Jonathan Conlon break down what’s happening in the market, what you need to know whether you’re a buyer, seller, or agent, and their insight into the future, with a little bit of fun along the way.

2020 was unprecedented and had a profound effect on the real estate market in Manhattan. In this episode, we’re sharing our Q4 2020 analysis.

At the end of what has been a tumultuous and unprecedented year, we finally have some good news to share: since the reopening of Manhattan, the residential real estate market is improving well, especially during Q4. Not all the news is perfect, but overall we are happy to say that the majority of the Q4 2020 report is favorable.

Signed contracts were up 8% in Q4 2020 when compared to Q4 2019, and up 43% versus Q3 2020. Additionally, closed sales experienced a quarterly increase for the first time since the Covid-19 pandemic began, up 18% when compared to Q3 2020. This increase in sales during a traditionally slower time of year is thanks to a few different factors - low interest rates, pent-up demand, and negotiability (though not on all properties).

These are the same factors that have driven the recovery so far, but the continued increase in activity leaves us hopeful for 2021 and beyond. The market is stabilizing, and it will be interesting to see where 2021 takes us.

If you take a look at the market through the lens of bedrooms, some interesting but expected trends reveal themselves. Studios have become a smaller part of the market overall, and move slower than in previous years (a 34% increase in days on market YOY during Q4 2020). This, balanced with the higher prices on larger units, further solidifies the $2M-$3M (and likely 2 Bedroom) units as the least influenced by the ups and downs of 2020.

While we saw a dramatic increase in listings during Q3 2020, that trend did not continue for Q4. With only a 4% change when compared to Q3 2020, Q4's inventory seems to be somewhat stabilizing - for now. With that being said, it is still important to note that this is the largest volume of units we've seen on the market since 2008, when inventory was 10,217. Most of the increases between Q3 and Q4 were due to resale co-op (5% increase) and resale condo (4% increase), while new developments actually dipped slightly (down 1%).

While the market can be hard to predict, and both buying and selling properties can be challenging, our team has the experience, passion, and knowledge needed to help you find exactly what you need.

We don't just keep our finger on the pulse of the real estate market, we live it day in and day out.

If you have any questions about the market, what the future could hold for your property, or just want to know some more about that listing down the street, feel free to give us a call.

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