How Do You Find Recent Sales Data For New York City Real Estate?
Recent sales data for New York City real estate has never been easier for home hunters to access. There’s quality, timely real estate data out there on the web both for free and for a price. Yes, there’s even recent sales data for co-ops in New York City. Why Real Estate Comps? What you’re really trying to discover with recent sales data is the market rate in a neighborhood. Is the house you want to buy overpriced or a great bargain? From recent sales data, look for comps, or comparable sales data, by matching building types in the same neighborhood — condos to condos, two-family houses to two-family houses. Try to get a sense of the going price per square foot by building type (sale price divided by square footage of livable space). Ideally, properties with similar amenities matter, but the real name of the game is location. Do you really need to know comps? You could trust your gut or the real estate agent, but isn’t it worth it to dig up a little information? A few hours of work co
