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Dear Friends,

Fall is in the air and hot-off-the-press is Coldwell Banker Warburg's Q3 Report, where we include all you need to know about NYC's micro markets. Manhattan experienced mixed yet mostly steady conditions. The median sale price decreased by approximately 2.4% quarter-over-quarter to $1.20 million, while the time on market improved to 66 days, a notable decline from the previous quarter. Sellers, on average, retained around 95.8% of their asking prices as listing discounts slightly narrowed. Closed sales volume declined from spring levels. These figures suggest a market that continues to clear efficiently for well-positioned listings, even though overall momentum slowed seasonally compared to Q2. Beneath the headline numbers, demand indicators remained supportive, with shorter selling times and strong sale-to-list ratios, despite a 1% year-over-year decrease in the median price per square foot. As we head into early fall, the market appears balanced: buyers are engaging selectively, and sellers maintain leverage on high-quality, correctly priced properties

Ours is a field where most business comes through people you know. If you or anyone in your world is thinking about buying, selling, renting, or just curious about the NYC market and want to be connected to one of the most savvy, hard-working and caring agents, I'm here and would love to hear from you! Enjoy your October.

Warm regards, 
Jane

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CLIENT TESTIMONIAL
"Jane, thank you so much for all your diligence and hard work in helping us rent our apartment Your professionalism and energy made this a painless process, and we really appreciate everything you did, you truly went above and beyond!"  —D & J 
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