Manhattan Condo Living: Manhattan Market Report February 2009-Contract Signed Report

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.

Manhattan Market Report February 2009-Contract Signed Report

Manhattan Market Report February 2009-Contract Signed Report

Manhattan Market Report February 2009 shows the activities and contract sign numbers and details of month of February 2009. In the current market place, it is absolutely crucial to receive minute to minute most updated market activity in order to make educated decisions whether you are selling, buying, investing or renting.

My best interpretation of Manhattan Market Report February 2009 based on our company February numbers. We are seeing more of a balanced market between buyers and sellers in February Contract Signed Report. For those contract signed deals, we are seeing 50% are from buyers, and 50% are from sellers. Serious buyers who have the needs to move, and understand the market, making reasonable offers were able to secure the property they want.  Realistic sellers who have the needs to sell and cash out have priced their properties according to today's market, well priced properties are receiving buyer traffics, multiple offers, and accepted offer.

In our own business activities First Time Home Buyer and Pied-a-terred-Buyers Segment of the market are very busy. This is also shows in Manhattan Market Report February 2009. The transactions were done mostly in price point between $500,000-$1,000,000.
Price Point in Contract Pie Graph 2009 Report

Below is a chart of where the transaction take place.

We are Real Estate agents under one of the most successful Manhattan Brokerage firm Prudential Douglas Elliman with extensive market knowledge. In addition, we specialize in connecting the local Manhattan sellers with both local and international buyers with our preferred buyer networks. Call us today at (212)321-7122 or (917)837-8869.

BUYERS AND INVESTORS, we also cater property tours for other language speaking foreign nationals or private one-on-one consultation and tour. For a tour that is specific to your needs, please contact us (212)321-7122 or (917)837-8869 or email ehsu(at sign)elliman.com for specific details*

Copyright © 2009 by Eileen Hsu: *Manhattan Market Report February 2009-Contract Signed Report*

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Eileen Hsu 許雅嵐 (email: EHSU(@)elliman.com)

Our team specialize in Manhattan New York Condominiums, townhouses, and condops.

We are condominium residents ourselves so we understand the Manhattan New York condominium community. We also enjoy all Manhattan neighborhoods, especially Upper West Side, Lincoln Square, Midtown East, Murray Hill, Financial District, Chelsea, Fifth Avenue, Greenwich Village, Nolita and etc just to name a few. If you or you know someone that may be interested in selling, buying or leasing their Manhattan New York condo, call us today (917)837-8869 or (646)644-6929 and we can discuss your specific Real Estate goals.

Manhattan New York Condo Specialists or Chinese Speaking Real Estate Agent

 

Comment balloon 3 commentsEileen Hsu • March 27 2009 06:20PM

Comments

Very nice Graphical dipiction of the current breakdowns in NYC !!

Hope all is well !

Cheers !

ThatBritish/MandarinAgent !!!! Union Jack

Posted by Sheldon Neal, That British Agent Bergen County NJ (Bergen County, NJ - RE/MAX Real Estate Limited) about 10 years ago

Good market stats Eileen, I like how your layout of the NYC market cap update.

Posted by Sonny Kwan, 206-819-8228 (Quantum Group Commercial - Residential - Lease Seattle, WA ) about 10 years ago

All these compliments on your graphs!  Wow they look terrific!

Posted by Morgan Evans, LICENSED REAL ESTATE SALESPERSON (Douglas Elliman Real Estate) about 10 years ago

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