Happy 2025! Please read on for market updates, listings, new dev units, and check out NYC events happening in January!
Talk Soon, Alana |
 Market Updates What's in store for 2025?
This year's trend report anticipates even more women buyers, etc. Read more here.
Seasonality is in full swing with decreased deal activity and lower supply. We have a total of just under 5,500 units for sale on the market. While this number is higher than where the market was last year Dec., it is still low as we are in the winter season.
These numbers are not expected to pick up again until late January, early February and really go full-steam ahead in early March. Interest rates are currently at 7.04% according to Freddie Mac's US weekly avg. on
a 30-year fixed. Read more here.
Let's discuss!
Are you planning to reach any real estate goals this winter, whether that be buying, selling or renting? My contact info is below.
Contract Numbers:
Manhattan had a total of 658 contracts signed. Brooklyn had a total of 402 contracts signed.
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Alana In The News  Check out the articles in the Press Section where I have been featured giving insight on selling a home as-is, the average cost of buying a home in the US, and more! |
Listed-Concord Village-Downtown Brooklyn  | East-facing 1-bed unit in this full-service coop is available for $625K. Let me know if you are interested. |
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In Contract!- Washington Plaza-Jackson Heights  | South and West facing 2-bed unit in this gated garden community is available for $615K. Let me know if you are interested. |
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Closed- Stuyvesant Heights!  | Congrats to all parties! This two-family home on a quiet block near the train is the perfect place for house hacking. Let me know if you are interested in purchasing investment property in NYC. |
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On Market- Gramercy Park Units  | High Floor 1-bed units 15A and 6E are both well renovated and located next to the private Gramercy Park with which owners get a key. Let me know if you are interested. |
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 Year-End Look Back:
New Dev activity grew by 2% in the year 2024, resulting in higher prices and increased contract volume.
2,956 contracts were signed in 2024, 2% higher than last year.
Median asking prices were $1.75M with 11,201 units of total inventory.
New This Year:
Let me know if you are interested in these or more new development projects!
I also have some non-market investment units that are available. |
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Local Happenings  BAM tribute to Dr. MLK Jr. - Jan 20th |
|  MLK Day Of Service-various dates |
|  NYC Restaurant Week Jan 21st- Feb 9th |
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 If you have been considering selling, this is a fantastic time to sit down with an agent
and discuss strategy.
Start by looking at the currently available inventory. If your apartment would stand
out in comparison to the competition, that's your sign to get it listed as soon as
possible.
Pricing it competitively will draw more buyers. Please feel free to reach out if you
have any questions or are considering the idea.
And remember, I am not just here to sell your home, I am here to help you reach
your goals.
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Looking For Past Newsletters? |
 | Alana C. Lindsay LICENSED REAL ESTATE SALESPERSON 516.522.0114 alindsay@cbwarburg.com VIEW WEBSITE |
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