New Townhouse Listings Slow to a Crawl
We know it’s summer and everything but the pipeline of new townhouse listings seems to have slowed to a crawl that feels more extreme than even the season can account for. Check out Corcoran’s Newest Listings Page: Only two of the 50 or so properties are townhouses, and they’re both in Park Slope. Over at…
We know it’s summer and everything but the pipeline of new townhouse listings seems to have slowed to a crawl that feels more extreme than even the season can account for. Check out Corcoran’s Newest Listings Page: Only two of the 50 or so properties are townhouses, and they’re both in Park Slope. Over at Brown Harris Stevens, just three townhouses (only one of which is a classic beauty) have been listed in the last thirty days. And a look at StreetEasy’s list of townhouses from the last 30 days reveals only six houses in Brownstone neighborhoods priced over $1,500,000. Slim pickings! What’s going on? Can any brokers out there comment on how this is impacting the buy-side right now? What are your clients thinking?
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