"Unavailable" listings- Question for Streeteasy

in my understanding "unavailable" means it has been delisted. Not sold, not in contract, just no longer actively listed on the market. Could the owners still sell it to some person who randomly made an offer? Sure.

So, it is realistic that half the apartments that I was following that went off the market were simply taken off? It seems so strange. I should go through and figure out what percentage were listed in each stage of the market's unravelling then.

It might be interesting to do what you have suggested. I await correction from someone more experienced than I, but I do believe that Unavailable means, just not on the market currently. Like this one, which I know the broker(owner) has delisted, but it has not sold: http://www.streeteasy.com/nyc/sale/184731-coop-3540-82nd-st-jackson-heights

It depends. The condo I bought was marked "unavailable" on StreetEasy, not "sold," after I purchased it, and I never knew why. Also, the condo I own that I rent out and that I advertise on StreetEasy was also marked "unavailable" even though I rented it out fairly quickly (the listing still doesn't read "rented").

Perhaps they were listed both for sale and for rent and then was ultimately rented just like one unit I was looking at this weekend. Now its unavailable.

i feel like a lot of brokers/sellers are taking things off the market because the summer has been slow and august is typically the slowest of the summer months. i bet we'll see a lot of these back on in september.

What's the financial advantage of taking them off the market for one month? Do you think they will try to increase prices 10% when they do list them again and then give them a nice 10% price slash a few weeks later to entice buyers?

HH11231 - the advantage is that the property appears as a new listing when relisted. It's a marketing advantage, with little to no sacrifice due to the slow summer months. Regardless of whether they raise or lower the price.

We use "unavailable" when we don't have a more specific status. It means it's not on the market any longer. Often that status will change to something more specific later on, when a recorded sale appears, or a broker gives us more information.

yournamehere, an advantage if streeteasy didn't exist, best 10 bucks I've ever spent.

What slow summer months? This is the busiest the market has been in quite some time. Why would sellers delist a property when signs of life were coming back? Lately about half of my Streeteasy updates say "In Contract".

NYRENewbie, even though a couple of thousand properties went into contract over the late spring/early summer, many more thousands did not. many apartments had been on the market for over six months, making them rather "stale." if there is any time of year where it makes sense to take a unit off, it's July/August. Even this year things have slowed down greatly the last couple of weeks, although still relatively active.

many people, not just SE types, actually follow "new" listings relatively regularly if they are looking. take the property off for August, put it back on after labor day, and it will show up in the new listing searches, particularly the NYT, which has a longer time parameter for new listings as a default. as yournamehere writes, it's a marketing tool.

that makes no sense. you can see the history of the listing and it just shows up as "re-listed".

Here is a duplicate by Harlem Homes. The house has been on sale for a long time. Now, it shows up somehow with a fresh start (look at the slight difference in the link), as listed last week...Both listings currently in SE....Newer doesn't show the history...

http://www.streeteasy.com/nyc/sale/443885-townhouse-207-west-131st-street-central-harlem-new-york

http://www.streeteasy.com/nyc/sale/404475-anyhouse-207-west-131st-street-central-harlem-new-york

mimi, that does occur sometimes. SE seems onto the hyphen issue. The newest commonly used one is the slash, 4/A, for example.

I saw another one where they relisted the unit as PH, instead of unit 15/16.

Those clever, clever brokers. At least most of them have returned to using apartment numbers, although I'm not sure about Elliman's new listings.

We obviously don't want false positives, so we review manually when we can't be certain.

When you find one like that, just send the links to support@streeteasy.com and we'll get them fixed asap.

The harlem example looks like it's listed by two different brokers

CTM, is the same company, Harlem Lofts.