Peter Darnell
New member
Greetings
I am an LRE for Daniel Gale Sothebys International Realty covering Brooklyn and Long Island. I recently created a Median Listing Discount Char for townhouses in five neighborhoods in Brooklyn. See attached. My sponsoring broker seemed astonished at the percentage change in certain neighborhoods. Am I missing something? as per the attached chart, the MLD for a townhouse in Fort Greene has increased by 19,600.0% from last year. So for example, if a townhouse was on sale for $3,900,000 in Fort Greene last year, a consumer might presume to pay this year they might pay 3,159,000? That does type of discount does not match what any of us have seen.
Thank you for explaining this
Peter Darnell
I am an LRE for Daniel Gale Sothebys International Realty covering Brooklyn and Long Island. I recently created a Median Listing Discount Char for townhouses in five neighborhoods in Brooklyn. See attached. My sponsoring broker seemed astonished at the percentage change in certain neighborhoods. Am I missing something? as per the attached chart, the MLD for a townhouse in Fort Greene has increased by 19,600.0% from last year. So for example, if a townhouse was on sale for $3,900,000 in Fort Greene last year, a consumer might presume to pay this year they might pay 3,159,000? That does type of discount does not match what any of us have seen.
Thank you for explaining this
Peter Darnell