Manhattan property discount to asking price shows how much we can negotiate off the shown price.
The most recent discount to original asking price (July 2021) was 3.7 percent, while the discount to the last asking price was 3.5 percent. This shows it is a seller’s market and there is minimal price reduction before property is sold.
Read full article here: Manhattan property discount to asking price
About:
Wei Min Tan is a Manhattan, New York property broker focusing on global investors of Manhattan condominiums. Wei Min has been interviewed by CNBC, CNN, Wall Street Journal and New York Times on the Manhattan property market. Wei Min can be reached at tan@castle-avenue.com
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