Clinton Manhattan Real Estate Market Report - King, New York
Clinton Manhattan, New York - King
| Market Commentary Provided by Arwin Landsberg The first 6 months in 2010 will be the strongest buyer’s market period. Who buys then, will be a winner. Who hesitates, may end up paying more. |
| Report Date | Winter 2010 |
CONNECT WITH A LOCAL PROFESSIONAL 
Arwin Landsberg
Charles Rutenberg Realty LLC New York, New York 718-810-8738 htlandsbergrealty@yahoo.com Agent Home Page  |
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| Nearest Metro Area | New York City | ||||
| Buyers’ or Sellers’ Market | Equal buyers and sellers | ||||
| Average Time on Market | 90-120 days | ||||
| Market Trend | Decreasing | ||||
| Housing Inventory | Good supply - Some Prices | ||||
| Average Home Price | $650,000 - View Graph Trend | ||||
| Best Selling Price Range | $650,000 - $699,000 | ||||
| Worst Selling Price Range | $100,000 - $149,000 | ||||
| Compared to Last Year | Down 15-20% | ||||
| Prices As % of Asking Price | 90-95% | ||||
| Multiple Offers? | Yes | ||||
| Greatest Activity | First Time Buyers | ||||
| Buyer Activity for the past 90 days in Clinton Manhattan is | Increasing | ||||
| Seller Activity for the past 90 days in Clinton Manhattan is | Increasing | ||||
| Is Financing Available For Qualified Buyers in Clinton Manhattan? | Yes | ||||
| Existing Home Prices for the past 90 days are | Decreasing | ||||
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 0-5% | ||||
| Housing Hot Spots | Anything around Central Park but also close to the river ( around Ave 10 to 12 between W 37 and W 57 ) are hot spots. | ||||
| Reason to Buy/Sell | Population Growth | ||||
| Average Sold Price | $650,000 - View Graph Trend | ||||
| National Real Estate Market | |||||
| National Summary: National Housing Market Recovery Near? Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there. Click here for full article... |
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(NOTE: Because current market conditions can change rapidly in any given marketplace, please check with the exclusive HouseHunt, Inc., real estate agent for this territory before acting on this information.)
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