From Williamsburg to Greenpoint, it’s all about timing your listing right
Timing is everything, especially in the fast-paced New York City real estate market. For homeowners in Williamsburg and Greenpoint, figuring out the best time to list your property can feel like catching a cab in the rain—challenging, but incredibly rewarding when you get it right. List at the right moment, and you could see potential buyers flocking to your door, eager to offer top dollar per square foot. But how do you pinpoint that perfect timing?
That’s where we come in. At The Gene Team, we’ve closed over $259M in sales and navigated more than 250 deals. We know the NYC market inside and out, and we’re here to share our expert insights with prospective sellers. Whether you're aiming for a quick sale or hoping to maximize your sale price, understanding market trends and timing your listing right can make all the difference. So, get ready to discover the secrets to hitting the real estate jackpot in Williamsburg, Greenpoint, and beyond—because with New York City’s fluctuations, you’ve got to do it right.
That’s where we come in. At The Gene Team, we’ve closed over $259M in sales and navigated more than 250 deals. We know the NYC market inside and out, and we’re here to share our expert insights with prospective sellers. Whether you're aiming for a quick sale or hoping to maximize your sale price, understanding market trends and timing your listing right can make all the difference. So, get ready to discover the secrets to hitting the real estate jackpot in Williamsburg, Greenpoint, and beyond—because with New York City’s fluctuations, you’ve got to do it right.
Understanding the New York market cycle
New York City’s real estate market has its own rhythm, and knowing how to dance can lead to maximum profits. Typically, the spring and early summer months are the best times to sell a house or apartment. Buyers are out in full force, inspired by the warmer weather and the desire to settle in before the new school year. According to our recent property data, properties listed during these peak times often fetch a higher dollar per square foot, too.
According to a Bloomberg article from January 2024, Manhattan home prices showed a notable rise, signaling a potential market rebound. This uptick in one of the city's prime real estate areas suggests a broader trend that savvy sellers in Williamsburg and Greenpoint can capitalize on by listing at the right moment.
According to a Bloomberg article from January 2024, Manhattan home prices showed a notable rise, signaling a potential market rebound. This uptick in one of the city's prime real estate areas suggests a broader trend that savvy sellers in Williamsburg and Greenpoint can capitalize on by listing at the right moment.
The Impact of Seasonality in NYC
Seasonality plays a very important role in real estate. Spring and early summer are prime times due to increased buyer activity. Conversely, the market tends to cool down in the fall and winter—with January being the slowest month for all real estate agents. This is backed up by StreetEasy’s reports from February 2023 that showed the fall and winter months tend to see a cooling down of the market in New York City. However, July and August are excellent months to close a sale quickly, with homes spending an average of 57-58 days on the market—10-15 days less than other months—indicating a strong seller’s market.
Along with this, people who need to relocate for work often do so in November and December, making them eager sellers with strict home-selling timelines. Listing in the spring or early summer aligns with peak buyer interest, driving up competition and, consequently, price per square foot.
Along with this, people who need to relocate for work often do so in November and December, making them eager sellers with strict home-selling timelines. Listing in the spring or early summer aligns with peak buyer interest, driving up competition and, consequently, price per square foot.
It all depends on location
Williamsburg and Greenpoint are bustling with activity and offer unique opportunities for many—proving that these neighborhoods are rivaling Manhattan. The median listing price in Williamsburg as of May 2024 was around $1.6M, with a median price of $1.4K per square foot. Greenpoint also offers competitive prices and a strong community vibe—making prices higher.
Wait for the right time, and the square foot will pay for itself
In real estate, timing isn’t just important—it’s pivotal. Listing your New York property at the best time to sell a house can make a significant difference in your final sale price. From Williamsburg to Greenpoint or Park Slope, The Gene Team is dedicated to helping you navigate the market and achieve the best possible results. Is now the right time? Contact us today to start your journey towards a successful sale—it’s the season for selling and winning big on your square footage.
