updates Archives - Rava Realty

Manhattan Rental Report – April 2021

Posted by:

The activity is picking up big time but there is still a huge amount of inventory to be absorbed.

April 2021 saw the largest number of new leases ever recorded, encouraged by the continuous price drops.

There were 9,087 New Lease Signings by the end of April, nearly seven times more than the same period a year ago, reaching ...

Continue Reading →
0

Manhattan Luxury Market Reality Check – Jan 2021

Posted by:

There were 38 closing at $4 million and above in January 2021, 45 lessthan the previous month. The Average Closing Price was $8,493,335 down -4% from the previous month, meanwhile the Median Closing Price was $5,770,000 down -16% from the previous month, the Negotiability Factor, that is the average discount from the last asking price, was 14.23% up from 10.76% the previous ...

Continue Reading →
0