You can find a discounted apartment in these 10 NYC neighborhoods

"The sales market gained traction this fall, with a total of 2,191 homes entering contract in October-up 10.4% from last year. As mortgage rates dipped, sellers rushed to list and buyers jumped. Newly listed homes are up 8.2% annually, so competition among sellers has grown. This has given buyers more room to negotiate. Citywide, homes sold for a median of 97.9% of their most recent asking price, a fairly small concession."

"The Financial District has seen the highest sale price discounts. Sellers are serious about losing, looking to take what they can get. The median number of days on the market fell by nearly half, from 168 days to 87, as homes have sold for a median discount of nearly 4%. Still, the median sale price in that neighborhood was $1,150,000. Bed-Stuy is an interesting situation as it saw a median discount of 3.6% off asking price, the second highest in the city, but over a quarter of homes sold above asking."

"Searching for an apartment in NYC? Yes, prices are still high, but StreetEasy's October Market Report brings a bit of good news. Despite a competitive landscape, there are neighborhoods where buyers have been able to negotiate significant discounts. The sales market gained traction this fall, with a total of 2,191 homes entering contract in October-up 10.4% from last year. As mortgage rates dipped, sellers rushed to list and buyers jumped."

Sales activity strengthened in October with 2,191 homes entering contract, a 10.4% increase year-over-year. Mortgage rates dipped, spurring more listings and giving buyers additional negotiating room; newly listed homes rose 8.2% annually. Citywide, homes sold for a median of 97.9% of asking price, though discounts varied by neighborhood. The Financial District recorded the largest median discount of nearly 4% and saw median days on market fall from 168 to 87. Bedford-Stuyvesant posted a 3.6% median discount despite over a quarter of homes selling above asking. Midtown neighborhoods and Gramercy Park also showed increased price flexibility.

Read at Time Out New York