Folgen
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In this episode, we dive deep into the dynamics of Manhattan's real estate market in the first quarter of 2024. Join us as we analyze the latest market trends, including the impact of rising interest rates on buyer and seller behavior.
Throughout the discussion, we uncover crucial insights for anyone interested in Manhattan real estate, whether you're a seasoned investor, first-time buyer, or seller looking to make informed decisions in today's market.
From understanding the correlation between interest rates and signed contracts to exploring the challenges and opportunities faced by buyers and sellers alike, we cover it all.
If you're curious about the state of Manhattan's real estate market and want expert analysis from industry insiders, this is the episode for you. Don't miss out on valuable insights that could shape your next real estate move!
If you have any questions at all, please don't hesitate to reach out. We'd love to hear from you.
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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.Come visit us at 590 Madison Avenue, NY, NY 10022, or give us a call at 212-836-1015.
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John Gasdaska and Jonathan Conlon delve into the intricacies of Manhattan's real estate market as of February 2024. With a detailed analysis of the latest trends and statistics, our hosts shed light on the current state and future prospects of the market in one of the world's most dynamic cities.
In February 2024, 929 contracts were signed in Manhattan, +18% month over month and +1% year over year. Inventory was a mixed bag with 6,025 active listings representing a -3% drop year over year and a +5% increase month over month. Days on Market fell to 153 days, a +3% change year over year and -10% decrease month over month.
This episode is a must-listen for anyone interested in the pulse of Manhattan's real estate market, offering a comprehensive analysis, expert commentary, and a glimpse into what the future may hold as we move into the heart of 2024. Tune in to gain a thorough understanding of the current state of affairs and to arm yourself with the knowledge needed to navigate the ever-evolving landscape of Manhattan real estate.
If you have any questions at all, please don't hesitate to reach out. We'd love to hear from you.
0:00 Intro
0:14 Contracts Signed
0:43 How The News Causes Transitions
2:28 NYC vs. National Real Estate
3:20 Buyers Are Struggling
3:44 Inventory
4:42 Lack of Renovated Apartments
6:13 Inventory vs. Contracts Signed + Interest Rates
7:32 Days on Market
8:49 What will increase DOM vs decrease?
10:02 Outro
SHOW NOTES:
https://gasdaskaconlonteam.com/february-2024-manhattan-real-estate-market-report-analysis/
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SEE OUR REVIEWS: https://g.page/gasdaskaconlonteam?gm
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.Come visit us at 590 Madison Avenue, NY, NY 10022, or give us a call at 212-836-1015.
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Fehlende Folgen?
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In this episode, expert NYC real estate brokers John Gasdaska and Jonathan Conlon review Corcoran's January 2024 Manhattan Real Estate Market Report and give their analysis.
In January 2024, 789 contracts were signed in Manhattan, +18% year over year and +14% month over month. Inventory continued to decrease, with 5,727 active listings representing a -5% drop year over year and a -10% drop month over month. Days on Market rose again to 170 days, a +8% change year over year and +24% increase month over month.
Last month we talked about how 2023 was a tough year for Manhattan's real estate market, but we had a lot of hope for 2024. And fortunately, that sentiment remains true - while we still have interest rates to deal with and election years are always unpredictable, all signs point toward a greatly improved market and a strong 2024.
If you have any questions at all, please don't hesitate to reach out. We'd love to hear from you.
SHOW NOTES: https://gasdaskaconlonteam.com/january-2024-manhattan-real-estate-market-report-analysis/
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In this episode expert NYC real estate brokers John Gasdaska and Jonathan Conlon review Corcoran's Q4 2023 Manhattan Real Estate Market Report and give their analysis.
2023 was a tough year for Manhattan's real estate market - but we have a lot of hope for 2024. Interest rates are forecasted to come down, inflation is cooling, and we're starting to see more movement - even on listings that weren't getting much traffic before.
If you have any questions at all, please don't hesitate to reach out. We'd love to hear from you.
SHOW NOTES: https://gasdaskaconlonteam.com/q4-2023-manhattan-real-estate-market-report/
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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.
High interest rates, world events, and a steeper year-over-year decline during Thanksgiving were the key contributors to the annual drop in contracts signed. But our analysis reveals that we might experience a reversal in these trends! Listen to the entire episode to understand why.
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.
SHOW NOTES: https://gasdaskaconlonteam.com/november-2023-manhattan-real-estate-market-report-analysis/
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Our Reviews: https://g.page/gasdaskaconlonteam?gm
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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.
There were a total of 838 contracts signed in October 2023, +5% year-over-year and +35% compared to September. That's the first increase in contacts signed since April of this year! But, as usual, there's a lot more to the story than just one statistic - listen to the podcast to stay informed about the Manhattan real estate market!
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.
SHOW NOTES: https://gasdaskaconlonteam.com/october-2023-manhattan-real-estate-market-report/
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Welcome to the John and Jonathan Sell NYC 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 episode of the Real Talk NYC Real Estate Podcast, John and Jonathan will cover what a sponsor unit/apartment is, the pros and cons of sponsor sales, how to know if a sponsor unit is the right fit for you, and what the pros and cons of purchasing a sponsor unit are.
We also have a blog post that goes in-depth on the topic - check it out!
https://gasdaskaconlonteam.com/what-are-sponsor-units-why-so-desirable/
Topics Covered:
00:00 Intro and General Sponsor Unit Info
01:22 Why/When/How Do Sponsor Units Come Available?
02:35 What's the Appeal of a Sponsor Unit?
05:02 What about Sponsor Unit Renovation Companies?
05:49 Condition of Sponsor Units & About Sponsor Renovations
07:01 Pros and Cons of Buying a Sponsor Unit
09:37 Contact Us To Learn More!
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Youtube: https://www.youtube.com/channel/UC6O2lbwagZ12LzU9LghDXnQ
SEE OUR REVIEWS:
https://g.page/gasdaskaconlonteam?gm
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.
Come visit us at 590 Madison Avenue, NY, NY 10022, or give us a call at 212-836-1015.
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Welcome to the John and Jonathan Sell NYC 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 episode of the Real Talk NYC Real Estate podcast, John and Jonathan cover everything you need to know about the best and worst nyc amenities through the lens of real estate. Nearly every amenity is a 'must have' for some buyers, but as with most things in real estate, the more niche the less liquid your asset will be.
Show Notes:
https://johnandjonathansellnyc.com/most-and-least-desirable-apartment-features-in-manhattan/
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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.
Rising interest rates in Q3 shook the confidence of both buyers that finance and buyers that pay cash. Rates of 7.49% as of 10/05/2023 have significantly impacted all of the key metrics that we track. But, as usual, there's a lot more to the story - listen to the podcast to stay informed about the Manhattan real estate market!
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.
SHOW NOTES: https://gasdaskaconlonteam.com/interest-rate-q3-2023-manhattan-real-estate-market-report-analysis/
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Youtube: https://www.youtube.com/channel/UC6O2lbwagZ12LzU9LghDXnQ
Our Reviews: https://g.page/gasdaskaconlonteam?gm
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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.
Though it may appear that the market is cooling when you look at contracts signed and inventory, there are significant signs of life in the $5M+ category. Tune in to find out why these and other apartments are transacting in a market where so many apartments are sitting on the market with barely a nibble of interest.
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.
SHOW NOTES: https://gasdaskaconlonteam.com/breaking-down-an-average-month-august-2023-manhattan-real-estate-market-report-analysis/
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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 July 2023, just over 800 contracts were signed, down -4% year-over-year and -18% from last month. Rising interest rates and summer travel may be contributing factors - listen in to find out how!
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.
SHOW NOTES: https://gasdaskaconlonteam.com/impact-of-seasonality-july-2023-manhattan-real-estate-market-report-analysis/
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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 episode of the Real Talk NYC Real Estate podcast, John and Jonathan outline every step of the sales process, from listing prep to the closing table. They answer common questions about selling real estate in NYC - plus a few more questions you may not have considered yet. It's a truly comprehensive guide of what to do from the moment you think about selling your home, so if you're thinking about it, tune in now!
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.
SHOW NOTES: A Step-by-Step Guide To Selling Your NYC Apartment coming soon!
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Staging is one of the most important pieces of preparation in selling your NYC apartment - but it doesn't always mean hiring a professional stager. Depending on your resources, the price point of your apartment, and the current market climate, there are several staging options to consider: working with your agent, going the virtually staged route, or working with a professional.
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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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.
Q2 2023 showed different trends at different price points - most apparent at both ends of the spectrum. What does that means for buyers and sellers? Watch to hear what expert NYC real estate brokers John Gasdaska and Jonathan Conlon think.
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.
SHOW NOTES: https://gasdaskaconlonteam.com/may-2023-manhattan-real-estate-market-report-analysis/
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Youtube: https://www.youtube.com/channel/UC6O2lbwagZ12LzU9LghDXnQ
Our Reviews: https://g.page/gasdaskaconlonteam?gm
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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 May 2023, the number of contracts signed rose 24% to 1,199. The annual market-wide decline that has been trending for months shrunk in May, indicating that the market may be revving back up!
Inventory numbers remained high, at 7,439. That's just over 10% higher than the ten year average for the month of May. If you are searching for a new home, you have more options than you've had in months.
Buyers should be decisive as this market which has allowed them to take their time and be picky may be replaced with a much more competitive market soon. Sellers can use this to their advantage with asking prices that inspire competition.
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.
SHOW NOTES: https://gasdaskaconlonteam.com/may-2023-manhattan-real-estate-market-report-analysis/
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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. This month the market sent us quite a few mixed signals. In April 2023, the overall number of contracts signed dropped 37% since April 2022 and 18% since March 2023. Inventory numbers surged to 7,877 active listings, a two-year high. Meanwhile, days on market continued the steady decline that began in February 2023, settling at an average of 121 days by the end of April. So, what does this mean for buyers and sellers as we head into May of 2023? Tune in to hear what John and Jonathan think. 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. SHOW NOTES: https://gasdaskaconlonteam.com/april-2023-manhattan-real-estate-market-report/WORK WITH US:Reach out at https://gasdaskaconlonteam.com/ FOLLOW US:Instagram: https://www.instagram.com/gasdaskaconlonteam/TikTok: https://www.tiktok.com/@gasdaskaconlonteam Facebook: https://www.facebook.com/gasdaskaconlonteam/Website: https://gasdaskaconlonteam.com/Youtube: https://www.youtube.com/channel/UC6O2lbwagZ12LzU9LghDXnQOur Reviews: https://g.page/gasdaskaconlonteam?gm
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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 Q1 2023, the overall number of contracts signed was significantly below Q1 2022, but the Manhattan real estate market gained some encouraging momentum during the quarter. Market-wide closings registered 2,500 sales, returning to the pace seen during the first quarters of historically slower years from 2018 - 2020.
But, as usual, there's a lot more to the story than just one statistic - listen to the podcast to stay informed about the Manhattan real estate market!
SHOW NOTES: https://gasdaskaconlonteam.com/q1-2023-manhattan-real-estate-market-report/
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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 episode John and Jonathan finally tackle the complex topic of renovation! Thanks to some of their new clients, the guys share their wisdom on the timing of your renovations, how to find a good team to take on your remodeling projects, some design do's and don'ts (from the lens of resaleability), & more!
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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In this episode, we'll be discussing the latest Manhattan real estate market statistics from February 2023, including a 29% drop in contracts signed compared to last year's record-setting February and a 40% increase compared to January 2023, which was the sharpest month-over-month increase we've seen since late 2020.
We'll be diving into what's happening at each price point and discussing days on market for both condos and co-ops. Finally, we'll be analyzing the inventory levels and discussing how the lack of inventory is impacting our market. Join us as we take a closer look at the latest Manhattan real estate market statistics and uncover what they mean for buyers, sellers, and investors.
SHOW NOTES: https://gasdaskaconlonteam.com/february-2023-manhattan-real-estate-market-report
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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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Today, John and Jonathan cover how to buy property in New York City from start to finish - every step from determining your wants and needs, to which neighborhoods to target, to what the board interview process is like. If you're a first-time buyer in the city, this episode is written for you!
SEE ALL THE STEPS MAPPED OUT: https://gasdaskaconlonteam.com/buying-property-in-nyc/
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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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