Sellers are loathe to cut asking prices, but some have been closing deals at hefty discounts, particularly in trendy locales. A StreetEasy report found that median sales prices in choice Manhattan and Brooklyn neighborhoods dropped by roughly 20 percent in the third quarter. In most areas, however, median listing prices remained quite a bit higher. In Tribeca, the median sales price was $2.3 million, 36 percent lower than in the third quarter a year ago.
source https://therealdeal.com/2019/10/25/sale-prices-in-these-nyc-neighborhoods-took-a-hit-last-quarter/
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