JULIAN'S WEEKLY MARKET UPDATE
12 JUL 2025
𝐉𝐮𝐥𝐢𝐚𝐧’𝐬 – 𝐇𝐨𝐰’𝐬 𝐭𝐡𝐞 𝐍𝐞𝐰 𝐘𝐨𝐫𝐤 𝐌𝐚𝐫𝐤𝐞𝐭?
Summer market is here but we have not hit the doldrums or irons! The Luxury market just keeps on rolling along, even for this time of year. Still a large number of price reductions which shows the market is leaning towards a buyers-market. When we see bidding wars and prices over ask then we will know it is a seller’s market. The summer market is a “serious market” with both serious buyers and sellers.
| Luxury contract signed over 3.5M | : | 24 | |
| Overall contract signed | : | 228 | |
| New listing inventory | : | 409 | |
| Overall inventory | : | 6,816 | |
| Market pulse | : | -15 | |
| Days on market | : | 64 | |
| Price reductions | : | 172 |
𝐈𝐟 𝐲𝐨𝐮 𝐡𝐚𝐯𝐞 𝐚𝐧𝐲 𝐪𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐨𝐫 𝐰𝐨𝐮𝐥𝐝 𝐥𝐢𝐤𝐞 𝐚 𝐅𝐑𝐄𝐄 𝐇𝐎𝐌𝐄 𝐄𝐐𝐔𝐈𝐓𝐘 𝐑𝐄𝐏𝐎𝐑𝐓, 𝐩𝐥𝐞𝐚𝐬𝐞 𝐜𝐨𝐧𝐭𝐚𝐜𝐭 𝐦𝐞.
JULIAN'S WEEKLY MARKET UPDATE
05 JUL 2025
𝐉𝐮𝐥𝐢𝐚𝐧’𝐬 – 𝐇𝐨𝐰’𝐬 𝐭𝐡𝐞 𝐍𝐞𝐰 𝐘𝐨𝐫𝐤 𝐌𝐚𝐫𝐤𝐞𝐭?
Last week was a hot, holiday shortened week, but that did not stop the luxury market! The luxury market keeps on rolling and they are also largely cash purchases, which then skews the cash purchase percentage. New inventory was significantly less and inventory will not get a bump till September, and contracts signed were good taking in all the factors.
| Luxury contract signed | : | 21 | |
| Overall contract signed | : | 177 | |
| New listing inventory | : | 151 | |
| Overall inventory | : | 6,852 | |
| Market pulse | : | .6 | |
| Days on market | : | 64 | |
| Price reductions | : | 185 |
𝐈𝐟 𝐲𝐨𝐮 𝐡𝐚𝐯𝐞 𝐚𝐧𝐲 𝐪𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐨𝐫 𝐰𝐨𝐮𝐥𝐝 𝐥𝐢𝐤𝐞 𝐚 𝐅𝐑𝐄𝐄 𝐇𝐎𝐌𝐄 𝐄𝐐𝐔𝐈𝐓𝐘 𝐑𝐄𝐏𝐎𝐑𝐓 𝐩𝐥𝐞𝐚𝐬𝐞 𝐜𝐨𝐧𝐭𝐚𝐜𝐭 𝐦𝐞.
WEEKLY MARKET UPDATE
21 JUN 2025
𝐉𝐮𝐥𝐢𝐚𝐧’𝐬 – 𝐇𝐨𝐰’𝐬 𝐭𝐡𝐞 𝐍𝐞𝐰 𝐘𝐨𝐫𝐤 𝐌𝐚𝐫𝐤𝐞𝐭?
Transitioning from the Spring to Summer markets, is almost an oxymoron because the Spring Market was hot and the Summer Market is usually cooler. Luxury is still rolling like a freight train that does not stop, the days on market are shorter showing continued activity., and inventory is starting its summer drawdown.
| Luxury contract signed over 3.5M | : | 36 | |
| Overall contract signed | : | 230 | |
| New listing inventory | : | 338 | |
| Overall inventory | : | 7,254 | |
| Market pulse | : | -1 | |
| Days on market | : |
65 |
|
| Price reductions | : | 147 |
𝐈𝐟 𝐲𝐨𝐮 𝐡𝐚𝐯𝐞 𝐚𝐧𝐲 𝐪𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐨𝐫 𝐰𝐨𝐮𝐥𝐝 𝐥𝐢𝐤𝐞 𝐚 𝐅𝐑𝐄𝐄 𝐇𝐎𝐌𝐄 𝐄𝐐𝐔𝐈𝐓𝐘 𝐑𝐄𝐏𝐎𝐑𝐓 𝐩𝐥𝐞𝐚𝐬𝐞 𝐜𝐨𝐧𝐭𝐚𝐜𝐭 𝐦𝐞.
WEEKLY MARKET UPDATE
18 May 2024
𝐌𝐚𝐧𝐡𝐚𝐭𝐭𝐚𝐧 𝐖𝐞𝐞𝐤𝐥𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐔𝐩𝐝𝐚𝐭𝐞 – New – 30 day contract signed, gives another interesting stat, a running tally of what the month will look like. Price reductions are starting to take center stage in their number as are luxury contracts signed.
| Luxury contract signed over 3.5M | : | 41 | |
| Overall contract signed | : | 248 | |
| New listing inventory | : | 524 | |
| Overall inventory | : | 7,408 | |
| Market pulse | : | -2.7 | |
| Days on market | : | 83 | |
| Price reductions | : | 428 |
𝐈𝐟 𝐲𝐨𝐮 𝐡𝐚𝐯𝐞 𝐚𝐧𝐲 𝐪𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐨𝐫 𝐰𝐨𝐮𝐥𝐝 𝐥𝐢𝐤𝐞 𝐚 𝐇𝐨𝐦𝐞 𝐄𝐯𝐚𝐥𝐮𝐚𝐭𝐢𝐨𝐧 𝐑𝐞𝐩𝐨𝐫𝐭 𝐩𝐥𝐞𝐚𝐬𝐞 𝐜𝐨𝐧𝐭𝐚𝐜𝐭 𝐦𝐞.
WEEKLY MARKET UPDATE
11 May 2024
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𝐌𝐚𝐧𝐡𝐚𝐭𝐭𝐚𝐧 𝐖𝐞𝐞𝐤𝐥𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐔𝐩𝐝𝐚𝐭𝐞 - Best week in a while!! Luxury contracts are helping the market, and this week overall contracts were good also. Inventory is climbing as are price reductions. The market is hopefully starting to ‘unfreeze’!
| Luxury contract signed over 3.5M | : | 42 | |
| Overall contract signed | : | 260 | |
| New listing inventory | : | 449 | |
| Overall inventory | : | 7,323 | |
| Market pulse | : | -1.65 | |
| Days on market | : | 87 | |
| Price reductions | : | 393 |
𝐈𝐟 𝐲𝐨𝐮 𝐡𝐚𝐯𝐞 𝐚𝐧𝐲 𝐪𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐨𝐫 𝐰𝐨𝐮𝐥𝐝 𝐥𝐢𝐤𝐞 𝐚 𝐇𝐨𝐦𝐞 𝐄𝐯𝐚𝐥𝐮𝐚𝐭𝐢𝐨𝐧 𝐑𝐞𝐩𝐨𝐫𝐭 𝐩𝐥𝐞𝐚𝐬𝐞 𝐜𝐨𝐧𝐭𝐚𝐜𝐭 𝐦𝐞.
WEEKLY MARKET UPDATE
04 May 2024
WEEKLY MARKET UPDATE
11 May 2024
𝐌𝐚𝐧𝐡𝐚𝐭𝐭𝐚𝐧 𝐖𝐞𝐞𝐤𝐥𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐔𝐩𝐝𝐚𝐭𝐞 - Still in Spring Market but contracts signed moving sideways inventory moving up as it does in the Spring. Price reductions were significant and are having an impact on the market.
| Luxury contract signed over 3.5M | : | 31 | |
| Overall contract signed | : | 224 | |
| New listing inventory | : | 588 | |
| Overall inventory | : | 7,169 | |
| Market pulse | : | -1.04 | |
| Days on market | : | 92 | |
| Price reductions | : | 479 |
𝐈𝐟 𝐲𝐨𝐮 𝐡𝐚𝐯𝐞 𝐚𝐧𝐲 𝐪𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐨𝐫 𝐰𝐨𝐮𝐥𝐝 𝐥𝐢𝐤𝐞 𝐚 𝐇𝐨𝐦𝐞 𝐄𝐯𝐚𝐥𝐮𝐚𝐭𝐢𝐨𝐧 𝐑𝐞𝐩𝐨𝐫𝐭 𝐩𝐥𝐞𝐚𝐬𝐞 𝐜𝐨𝐧𝐭𝐚𝐜𝐭 𝐦𝐞.
WEEKLY MARKET UPDATE
27 Apr 2024
WEEKLY MARKET UPDATE
20 Apr 2024
WEEKLY MARKET UPDATE
12 Apr 2024
Julian is in the top 8% of brokers nationwide, which demonstrates his exceptional skills and knowledge. With over 20 years in the business, and 200 apartments sold, Julian has a wealth of experience and knowledge to offer his clients. Contact him today so he can guide you through the buying and selling process.
