On the Ground Market Update - Oct 2020

Market Update
Written By Jackson Bloomston
on-the-ground-nov-2020-square.png

The average price of apts which received signed contracts in October ‘20 was $1,170M for coops, $2,904M for condos

  • YOY, average price of coops went UP from October ‘19 by 4.7%, whereas average price of condos went UP 27.8%

  • Average discount in October was 10.3% from original price for coops, 11.9% for condos, both increased by over 30% from October ‘19

Jackson Bloomston
Previous

Contracts Signed Report - February 2021
Next

The 5 Things You Need to Know to Adapt Your Real Estate Strategy to The New Normal