Manhattan Condo Living: May 2009

Eileen Hsu (許小姐) and Morgan Evans, the new generation of Real Estate Professionals. We specialize in Manhattan Condos, including: Resales, New Construction, Pre-Construction and Foreign Nationals buying Manhattan New York Condos. Contact us at (917)837-8869 or (646)644-6929 Today.

NYC Listings : Absorption Rates Explained

Are you looking for NYC Listings in Manhattan?  NYC Listings for property in Manhattan can be emailed directly depending on your search criteria.  We have access to all of the NYC Listings in Manhattan.  If you are just starting your search or would like a detailed analysis of the properties that are of interest to you, we can provide all of the information you need for your NYC Listings search.

Your NYC listings search begins at looking at property that meets your personal criteria.  As your search becomes more serious and you are interested in making offers on potential apartments, having the tools at your disposal to make an educated buying decision becomes more important.  One of these tools is the Market Absorption Rate.

  • Definition of Absorption Rate: Number of weeks/months it takes to sell the current inventory at the present rate of sales

3 Important Factors to Consider:

  1. Manhattan does not have a MLS so tracking the total amount of inventory is not an exact science, different websites give different numbers, so based on what set of data is used will ultimately determine different absorption rates
  2. How is the current present rate of sales determined?  Once again this is a rate that depends on the source material used, there are many different places and figures giving the current rate of sales for Manhattan.
  3. Absorption Rate is a trend.   From week to week, month to month this number will change and is based on a number of factors that need to constantly examined.

Why is Absorption Rate Helpful to You?

  • It will allow you to know when a real estate market most favors buyers or sellers with actual evidence?
  • If you are looking to sell, the market absorption rate will help you identify a factual time period it will take to sell your property based on your price point
  • Absorption Rates will indicate whether the local market is a buyers market, sellers market or a neutral market.

The question an absorption rate answers is "Is the inventory in a given market expanding or shrinking? "

If you are looking for a NYC listing follow the link.   If you would like to receive the Hot List of NYC Listings click here!
For more information about NYC Listings in Manhattan go to our blog.


Morgan Evans is a Licensed Real Estate salesperson in Manhattan New York specialize in neighborhoods such as: Greenwich Village, Soho, Union Square, Upper East Side, Upper West Side, Chelsea, Midtown West, Midtown East, Nolita, Lower East side, Financial District in Manhattan. Morgan specialize in working with international buyer, high net worth buyers,  parents buying for children and investors buyers. Contact him today by calling (917)837-8869.
Dorchester Towers Condo


Comment balloon 1 commentMorgan Evans • May 30 2009 08:55PM
NYC Listings : Absorption Rates Explained
Are you looking for NYC Listings in Manhattan? NYC Listings for property in Manhattan can be emailed directly depending on your search criteria. We have access to all of the NYC Listings in Manhattan. If you are just starting your search or… more
Dorchester Towers : May 2009 Month in Review
The Dorchester Towers Condominium (155 West 68th Street) offers a unique ability for your buying and rental needs. Dorchester Towers is one of the largest full service condominium buildings on the Upper West Side. Dorchester Towers has about 680… more
Manhattan New York Sellers Top 5 Tips
It is Summer time in New York Manhattan historically it is one of the busy season for Real Estate activities here in Manhattan New York… Are you planning Time to move on, move up, or "get out"? Here is top 5 tips for Manhattan New York… more
Upper West Side Manhattan Central Park - Memorial Day Weekend
Upper West Side Manhattan, Central Park. Memorial Day Weekend 2009. GOOD FOOD AND DRINKS WITH FRIENDS! What a beautiful weekend it was! Hope you had a fantastic weekend as well. Upper West Side Manhattan Central Park… more
NYC Listings
NYC Listings - Searching for an Apartment is not the easiest task to do if you are not familiar with Manhattan New York Real Estate market. NYC Listings Are you interested in buying or renting an apartment in Manhattan? Well if you have started… more
Our Buyers Agent in Manhattan New York
Buyers Agent in Manhattan New York in Manhattan Real Estate market place, my team and myself work with both buyers and sellers. We are firm believers in being a successful Real Estate agent, you should have a good balance of numbers of buyers and… more
New York Times says Lenders are more open to Short Sales
New York Times says Lenders are more open to Short Sales is this true or not? Are we going to see more short sales surfacing in Manhattan New York Real Estate market? From what we can see on the market activity, short sales may soon be a popular… more
Manhattan Apartments No Fee
Manhattan Apartments No Fee, we can help you find them in the time frame you want. Manhattan Apartments No Fee are plentiful with certain conditions. These apartments will be more than likely in a rental building managed by a big management… more
You Sell What you See
I have a fair amount of confidence in my product knowledge for the type of properties I represent and the buyers that I typically work with. I would categorize my expertise as sub-million condominium properties. In Manhattan our market is… more
Manhattan Studio Apartments Under $400K - YES, YOU CAN INVEST UNDER..
Manhattan Studio Apartments under $400K these are the hot deals Manhattan Studio apartment that is not only affordable but also able to give you a good return on your investment. Yes it is possible to buy Manhattan Studio Apartments under.. more