(data source: millersamuel.com)
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22
JAN
2024
JAN
2024
0
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Miami-Dade Contract Activity
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Miami-Dade New Signed Contracts
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The number of agreements entered into recently has decreased month by month from August, with the number of new entries falling every month since June. However, the decreases in new contracts have been offset by the steep reduction in new listings since the summertime.
(source: millersamuel.com)
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20
FEB
2023
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FEB
2023
The frenzied pace of the New York City sales market is calming down, a result of more listings on the market and slowing demand. With less competition, buyers have gained some breathing room—they can take a day or two to make an offer—something not possible in recent months.
It’s not exactly a swing from a seller’s to a buyer’s market, at least not yet—it’s more like a nudge.
You can expect a slower pace to return this summer, when the market usually ...
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5
JUL
2022
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JUL
2022
In 2021, new signed contracts for Manhattan and Brooklyn co-ops, condos, and townhouses outperformed last year, with new listings struggling to keep pace with demand.
As a result bidding wars are increasing, the Covid discount is shrinking, and prices are on the rise in NYC.
In November, for example, new signed contracts for Manhattan co-ops under $500,000 increased by 52.7 percent over November 2020, while new listings for the same price category fell by 15.3 percent, according to the latest edition of the Miller Samuel Report. Manhattan condos priced $500,000 to $999,000 saw new signed contracts increase ...
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27
DEC
2021
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DEC
2021
Manhattan Sales Activity is UP Big Time
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New signed contracts for co-ops, condos, and 1-3 families combined doubled in January, year over year, for the second annual increase since the lockdown ended. New listing inventory fell sharply year over year for the fourth straight month.
(source: Miller Samuel)
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22
FEB
2021
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FEB
2021
Manhattan’s vacancy rate climbed to 5.1 percent in August, according to Douglas Elliman’s monthly rental report produced by Miller Samuel Real Estate Appraisers & Consultants.
It’s the first time Manhattan vacancy has reached this level in the 14 years that Miller Samuel has tracked its rental market, and the fourth consecutive month that the number of uninhabited rentals have set a new record.
The number of deals with concessions or owners paying the broker fee jumped to 59 percent last month from ...
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22
SEP
2020
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SEP
2020