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Price: $5,500,000
Winter is typically a time when the real estate market slows down, with buyer activity cooling alongside the temperatures. Prices tend to stabilize in a less competitive environment, and many properties linger on the market longer than they would during the peak summer months. While this seasonal pattern has held true in many markets, some New York real estate experts are reporting an unexpected surge in bidding wars on previously stagnant listings—signaling a surprising shift in market dynamics.
