Douglas Elliman Real Estate Office in Ocean Beach, Fire Island, NY

The Wealth Report Introducing the 2021 Wealth Report from Douglas Elliman | Knight Frank. Now in its 15th year, the report provides a fresh perspective on wealth trends, real estate opportunities worldwide and the cities best poised for revival. Download your Wealth Report at the link in bio or visit elliman.com/wealthreport #TheWealthReport #TheNextMoveIsYours

Coming March 2nd. Now in its 15th edition, the 2021 Wealth Report from Douglas Elliman | Knight Frank provides a fresh perspective on wealth, real estate opportunities worldwide and the cities poised for revival. #TheWealthReport. For more information please reach out: [email protected] 631.583.0010

While 2020 saw a significant release of pent-up demand after the spring COVID lockdown, Manhattan co-op and condo sales fell short of year-ago levels. Record low mortgage rates helped fuel sales after the COVID lockdown ended last spring. While the sales fell short of year-ago levels, new signed contract volume suggests that closings will continue to close the gap in the first half of 2021. Except for 2017, the annual number of sales has slipped year over year in the post-fin...ancial crisis era since the 2013 peak. Median sales price remained above the $1 million threshold since 2015 and has largely drifted sideways since. Sales with four or more bedrooms were the only size category to increase over the decade and saw the largest gain in price per square foot. Listing inventory rose more significantly year over year than compared to the beginning of the decade. Please reach out for more information. [email protected] 631.538.0010 #douglaselliman #elliman #erealestate #dreamhome #newhome #manhattan #fireisland #realestateagent #ellimanagents See more

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