In November, there were 11 new listings in the Central Harlem, Hamilton Heights market and 3 sales. The 3 sales ranged from a South Harlem fixer-upper for $2.2 million to a Striver’s Row townhouse for just under $3 million.
Current inventory is 80 townhouses up from 79 in October. The amount of time to absorb all of the existing inventory would be 27 months. Days on the market average for all active listings is 132 days.
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The Author- Brian Silvestry , a licensed real estate broker, has been selling residential and commercial real estate since 1999. He has sold in every neighborhood from Battery Park City to Washington Heights.