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Q3 2022 | Manhattan Real Estate Update
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🗣 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.
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
As one of the top-performing teams at Corcoran, The Gasdaska Conlon Team has seen success, but none of that matters without our clients. We treat every person we work with like we would treat our own family, and it shows. John Gasdaska and Jonathan Conlon are expert, experienced brokers and they are ready to help you buy or sell your piece of NYC real estate.
📅 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.
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