FiDi sales are still falling as homes sell at a discount

The gap between buyers and sellers in FiDi is getting wider. During the first quarter of the year, the median closing price of homes in the Financial District was 4.7 percent lower than asking, according to Platinum Properties’ latest market report. That’s a far cry from a year earlier when units were closing at a 4.1 percent premium. The median price slid 14.5 percent to $1.01 million. Still, there may be some cause for optimism: […]

source https://therealdeal.com/2019/04/03/fidi-sales-are-still-falling-as-homes-sell-at-a-discount/