Manhattan January 2021 market report with condo and co-op prices, discounts, inventory, and days-on-market figures.

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NYC Real Estate: The Comeback Kid, Rushing Into Regret

Martin Eiden | August 24, 2021

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New and Noteworthy

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NYC Real Estate: The Comeback Kid

January was a very busy month for buyers: newly signed contracts doubled in Manhattan compared to a year ago and rose sharply in Brooklyn. Intense contract activity has been playing out in the suburban counties ringing the city for at least half a year now. We've been saying it for months: activity is back in full swing. Never count New York out - you'll always lose. (Full Story).

Rushing Into Regret

Many people rushed into the real estate market last year in hopes of perfectly timing the dip in home prices. As with any investment, this is a poor strategy and many learned this the hard way. You shouldn't base your decision solely on the current market - it needs to make sense for you and your situation as well.

If, however, you happen to be one of those people, let us know and we will sell your home as fast as you bought it. (Full Story)

Manhattan Market Report, January 2021, with condo and co-op pricing and inventory statistics.

Good News

Toyota's Tear-Jerker SuperBowl Ad Features 13-time Paralympic Gold Medalist Swimmer Winner Jessica Lang

Birthday Magic: Europe’s Oldest Woman Beats COVID On Eve Of Her 117th Birthday

Alex Trebek’s “Jeopardy!” Wardrobe Is Being Donated To Homeless

Team News

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Ask An Expert Ep. 38

Helping Your Neighbor: Fighting Hunger and Poverty in Your Community with Christina Singh

Alex Mahgoub hosted this week's Ask An Expert and it was everything we hoped it would be AND MORE...

$1K more to be exact! Alex was so moved by the work Christina's nonprofit Neighbors Together is doing for the homeless community in Brooklyn that he donated $1,000 on the spot. See what inspired this generosity!

Watch

Alex Mahgoub stands in a bright apartment hallway wearing a dark suit and yellow tie.

Penthouse Tour

Speaking of Alex Mahgoub...

Alex recently did a comprehensive tour of 708 Greenwich St PH6D that also rocked our world. Built in 1910, this 2 Bed 2 Bath co-op Penthouse is currently on the market at $2,349,000. See the full listing here and watch the walkthrough by clicking the link below!

Watch

New Properties

250 Mercer Street, Unit C211 Greenwich Village Studio \| 2 Bath	111 West 94th Street, Unit 2DE Upper West Side 2 Bed \| 2 Bath
311 West 82nd Street, Unit 3A Upper West Side 1 Bed \| 1 Bath	8508 Gulana Avenue Playa del Rey, CA 2 Bed \| 2.5 Bath

See All Properties

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Martin Eiden Team

Top 1/2 of 1% of 1.4 million agents

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Compass is a licensed real estate broker. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. All Coming Soon listings in NYC are simultaneously syndicated to the REBNY RLS.

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