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Updated over 3 years ago on . Most recent reply

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Punit Kaishap
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Is this a good time to sell a condo in Manhattan?

Punit Kaishap
Posted

I am looking to sell a condo in battery park, Manhattan but have to option to hold off the sale by a year or two in case it is not a good time to sell. Any opinions from anyone who has recently sold / looking to sell in Manhattan / Battery Park?

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Jason Lee
  • Real Estate Agent
  • New York, NY
234
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Jason Lee
  • Real Estate Agent
  • New York, NY
Replied

The market is very active. We have a record number of contract signed each week in Manhattan going back a few months now (at least 300 each week). Historically there would be a seasonal slow down now but there were 353 contracts signed last week, so no signs of slow down. That's a record number of activity. Pending sales continues to rise, meanwhile supply is down. A lot of people are moving back into the city now. If it's between now (a seller's market) and a year or two from now, then I would get your apartment listed asap. We have no idea what the market will look like in a year or two.

  • Jason Lee
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