Best And Worst Times To Sell NYC Real Estate

Like many industries, real estate has good and bad seasons. While the economy influences whether a “buyer’s” or “seller’s” market, New York City often has its own rules; that affect that best time to put your apartment on the market when it’s most likely to sell. Keeping your apartment on the market for too long can harm the sale and affect the final sales price. Evaluating conditions, time of year before listing your home helps sell your home and for a better price.

The Impact of Seasonality

New York City’s real estate and housing industry has its time of peaks and troughs, just like any cycle. Market prices with supply and demand will determine when and how frequently the period has an upward or downward swing. There is no perfect timing; for those looking to buy real estate, there are better seasons to buy and better seasons when selling.

Read more on Elika Real Estate’s Blog.