Holiday Newsletter + Market Update 2023

Dear Friends,
 
I hope this email finds you all well and enjoying the holiday season!
 
As 2023 draws to a close and our celebrations begin, I hope that we all may pause and acknowledge the gift of time spent with those we love.  The holiday season acts as a poignant reminder to express our gratitude for the presence of loved ones in our lives, and that feels especially important this year. 
 
May we all look forward to the promise of fresh beginnings, new opportunities, and the peace and joy that come with a new year.
 
Happy holidays to all!!
 
Warmly,

The number of contracts fell 9% last week and was 19% lower than a year ago. 
Resale contracts were overall down 4% from the previous week, while new developments declined 38%. 
Contracts on apartments priced $3M to $5M were up 88% from last week and 36% from last year. 
​​​​​​​There were 18 contracts signed at $4M+ which is six fewer than the week prior. 

 

After rising the two prior months, the supply of apartments for sale in Manhattan declined 4% to 7.1 months.
​​​​​​​Condo inventory dipped 7% from last month, while co-ops declined 11%.
​​​​​​​The West Side remains the tightest market with a 5.7-month supply of apartments.

 
Synopsis:
Join us for champagne and cupcakes in this first episode as I welcome my dear friend of more than 30 years, Harley Swedler, artiste extraordinary and renaissance man.  Harley shares not only words of wisdom from his enthralling international professional evolution, but also some riveting anecdotes from his work with Joan Rivers and Martha Stewart!
 
 
 
 
 

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