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The Deanna Kory Team Special Edition eNewsletter
The Deanna Kory Team
September 11, 2013
Monthly Market Snapshot June 2013
» click to download report

Just Released: Monthly Market Snapshot
August 2013


Average price and average price per square foot increased for both condos and co-ops this August over last August, and inventory continues to decline for both property types. Despite the lack of inventory, contract activity increased year-over-year by 21% for condominiums and 11% for co-ops. Strong demand is also evident in reduced buyer negotiabilty and a drop in average days on market.

There were slight month-over-month decreases in average price and average price per square foot due to several landmark sales in July, but year-over-year the condo and co-op market remained very strong. Click here to download the report.
 
There are many ready, willing and qualified buyers looking to purchase right now, but with limited inventory they can't find the right property.  You may be surprised by what your home is worth in this market.  If you're interested in a confidential evaluation of your property I would be happy to help. Please call me at 212-937-7011 or email at dek@corcoran.com.

Regards,



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The Deanna Kory Team
The Corcoran Group
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New York, NY 10065

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