Do apartments sold fast mean changing market?

After period of stability, an upward trend in volume is inescapable. (Source: UrbanDigs)

Something seems to be happening.

I’ve visited dozens of open houses on the Upper West Side over the last month or so, and each of the apartments that had been recently listed enjoyed heavy traffic.

Not only are folks looking.  They are buying as well.

Although properties in the second quarter were taking more than five months to sell (and that’s from their last price), I’m finding