Manhattan condo prices rose to
|
|
- Sharon McLaughlin
- 6 years ago
- Views:
Transcription
1 Manhattan Market Report Q4 4 by the numbers +.8% StreetEasy Condo Price Index (QuarteroverQuarter) +.4% StreetEasy Condo Price Forecast (MonthoverMonth).7% Total (QuarteroverQuarter) +5.7% Number of Pending Sales (Quarterover Quarter) days Median Time on Market $94, $,4 Median Price per Square Foot Recordbreaking Manhattan prices in final quarter give way to slowdown in 5 Manhattan condo prices rose to their highest level on record in the final quarter of 4, ending a year in which inventory failed to rebound from a five and a half year slide from the market s 9 peak. The median sale price across all property types jumped to $94,, a 6.4 percent jump from the previous quarter and nearly percent above last year s level. Condo prices inched up nearly percent from November, according to the StreetEasy Condo Price Index, and were 8.4 percent above yearago levels. December marked the 4th consecutive month of price growth among condos the second longest rally on record behind the month growth streak between May and November 5 during which prices surged 48 percent. Manhattan condo prices have grown 6 percent since January (the beginning of this rally). Price growth is fueled by historically low inventory across Manhattan. Overall, there were,9 units available in the fourth quarter, a steep.7 percent decline from the third quarter. In a sign of the market s anemic inventory, the total number of units available in the fourth quarter was a staggering 9 percent below Manhattan s peak inventory total set in the second quarter of 9. A steep dropoff in coop listings sent total Manhattan inventory nearly percent below last year s level. Coop listings fell 6.5 percent from last year while condo and townhouse listings increased 4.7 percent and 8. percent, respectively. For sidelined buyers wondering how much longer the market will continue to be constrained, relief may be on the horizon. A small increase in the median time on market, a slight uptick in discounts, and slowing price growth point to a slackening market ahead. Manhattan homes took a median time of days to sell in the fourth quarter, und from the third quarter and two days longer than last year. In another sign of waning buyer demand, the share of all available units that saw a price cut in the fourth quarter edged up slightly from last year, rising from. percent to. percent. While prices remain high, growth is anticipated to decelerate. Condo prices are expected to grow by 4.9 percent in 5 (December to December), according to the StreetEasy Condo Price Forecast, down from 8.4 percent in 4. StreetEasy is pleased to present the Quarterly Manhattan Real Estate Market Report, an indepth analysis of New York City s largest and most comprehensive database of listings and sales. To see more analysis on Manhattan real estate trends from StreetEasy, visit our market report page at:
2 Manhattan Quarterly Market Report Q4 4 StreetEasy Condo Price Index Quarterly condo price growth slows to lowest level in years; Downtown prices jump percent ahead of Manhattan Manhattan condo prices grew for the 4th consecutive month in December, posting a new record high price and continuing the second longest rally on record according to the StreetEasy Condo Price Index. Condo prices rose.8 percent from the third quarter of 4 and closed the year.5 percent higher than the previous market peak set in October 7. This was the lowest quarterly gain since the final quarter of. The rate of growth continued to slow through the second half of 4 in a sign that the market may soon reach a cyclical peak. The strongest annual growth was in the Downtown condo market, which posted.9 percent growth since December. Condo prices were. percent higher in Downtown than the rest of Manhattan in December. Price growth will continue to slow in 5, according to the StreetEasy Condo Price Forecast. Prices are expected to rise.4 percent in January from December and yearly growth in 5 is expected to slow to 4.9 percent, down from 8.4 percent growth seen in % (4) StreetEasy Condo Price Index December 4 (QuarteroverQuarter) +.4 % (44) StreetEasy Condo Price Forecast January 5 (MonthoverMonth) 5 5 Previous market peak October 7 4 Current December 4 StreetEasy Condo Price Index Value 5 77 Previous market trough November 9 Indexed to January 5 Manhattan Downtown Midtown Upper East Upper West
3 Manhattan Quarterly Market Report Q4 4 Market Summary (quarteroverquarter) Q4 Q4 4 Q 4 (yearoveryear) Total Units Available,9,476.7%,.9% 4.9% 5.9% 7.% 8.6% 9.7% 8.% 46.5% 44.4% 44.8% Median Asking Price $,5, $,75, 5.9% $,75, 4.9% Median Asking Price per sq. ft. $,46 $,7.9% $,.5% Share of Listings w/ Price Increase 6.5% 6.% 6.8% Share of Listings w/ Price Cut.% 9.8%.% Recorded Sales Total Sales 4,9 4,6.%,796.7% $94, $885, 6.4% $85,.8% Total,88, %,884.9% Median Days on Market , sales, and pending sales data includes condo, coop, and townhouse listings. Sales data is based on sale transactions recorded by the New York City Department of Finance as of January 9, 5. This may not represent all sale transactions for Q4 4. Just in 4 Manhattan homes were priced below $665 thousand in Q4. Manhattan s inventory got more pricey in 4. The share of all available homes in Manhattan that was priced in the top price tier grew to 46.5 percent in the fourth quarter, a slightly higher share than last year. The share of homes priced in the bottom tier (less than $665 thousand) shrunk to just 4.9 percent, or roughly one in four homes. Q4 4 Q 4 Q4 Total by Price Tier 4.9% 8.6% 46.5% 5.9% 9.7% 44.4% 7.% 8.% 44.8% How is inventory measured? Quarterly inventory is the sum of all condo, coop, and townhouse units that were available on StreetEasy at any point during the quarter. This method provides the most comprehensive picture of units that were available to buyers. How is days on market measured? The number of days from the original listing on StreetEasy to when it enters contract. After a buyer enters contract on a unit, it is pulled from the market and is no longer available to other buyers creating a logical end point to days on market. Quarterly inventory may not add up to % due to rounding. Price tier shares are based on total number of condo, coop, and townhouse units available during each quarter. For Q4 4, the bottom tier is comprised of units priced up to $665,; middle tier are units priced between $665, and $.49 million; top tier is units priced above $.49 million.
4 Manhattan Quarterly Market Report Q4 4 Nearly in Manhattan homes were priced above $.5 million in Q4, while just in 4 were priced below $665 thousand. Neighborhood by Price Tier % 4% 6% 8% % All Downtown Battery Park City Chelsea Chinatown Civic Center East Village Financial District Flatiron Gramercy Park Greenwich Village Little Italy Lower East Side Nolita Soho Tribeca West Village All Midtown Central Park South Kips Bay Midtown Midtown South Midtown West Murray Hill Roosevelt Island Sutton Place Turtle Bay All Upper East Side Carnegie Hill Lenox Hill Upper Carnegie Hill Upper East Side Yorkville All Upper West Side Lincoln Square Manhattan Valley Morningside Heights Upper West Side All Upper Manhattan Central Harlem East Harlem Hamilton Heights Inwood Manhattanville Washington Heights West Harlem Downtown was dominated by toptier homes in Q4. in 5 homes listed in Downtown were priced in the top tier (above $.5 million), with some neighborhoods like Little Italy, Nolita, Flatiron, Tribeca, and Soho seeing less than percent of all inventory priced in the bottom price tier. Tribeca: Manhattan s priciest neighborhood. With a median asking price of nearly $4.45 million in Q4, Tribeca continues to be the most expensive market in Manhattan. Of the homes available in Tribeca, just one was priced in the bottom tier. For buyers looking for lowerpriced homes, head above th Street. in 5 homes listed in Upper Manhattan were priced in the bottom tier the greatest share of any major Manhattan submarket in Q4. 4
5 Manhattan Quarterly Market Report Q4 4 Condos (quarteroverquarter) Q4 Q4 4 Q 4 (yearoveryear) Total Condo Units Available 4,64 5,77.4% 4,4 4.7% 8.4% 9.7% 9.5% 9.%.% 7.8% 6.4% 6 6.7% Median Asking Price $,75, $,695,.% $,675, 4.5% Median Asking Price per sq. ft. $,64 $,58.% $,478.6% Recorded Sales Total Sales,85,79 5.6%,65 9.9% $,4,5 $,85,5.4% $,75,.% Total,4, 4.%,49.9% Median Days on Market 6 6.7% 49 4.%, sales, and pending sales data includes only condo listings. Sales data is based on sale transactions recorded by the New York City Department of Finance as of January 9, 5. This may not represent all condo sale transactions for Q4 4. Q4 Condo Market 8.4% Manhattan condos take slightly longer to sell as asking prices increase. 6.4 percent of all available condo units were priced above $.5 million in the fourth quarter, a significant increase from the previous quarter. Condos took a median time of days to sell in the fourth quarter, an increase of 7 days from last year. Total Condo 9.% days median time on market 6.4% $.4million median sale price Price tier shares are based on total number of condo units available during Q4 4. Bottom tier is comprised of units priced up to $665,; middle tier are units priced between $665, and $.49 million; top tier is units priced above $.49 million. 5
6 Manhattan Quarterly Market Report Q4 4 Coops (quarteroverquarter) Q4 Q4 4 Q 4 (yearoveryear) Total Coop Units Available 5,4 5,9.% 5, % 4.6% 4.6% 4.6%.9% 9.5% 8.4% 7.5% 7.9% Median Asking Price $775, $79,5 6.% $699,.9% Median Asking Price per sq. ft. $896 $88.7% $8 7.7% Recorded Sales Total Sales,97,69.%,7.7% $68,87 $685,.% $645, 5.9% Total,67,478.%,7.9% Median Days on Market , sales, and pending sales data includes only coop listings. Sales data is based on sale transactions recorded by the New York City Department of Finance as of January 9, 5. This may not represent all coop sale transactions for Q4 4. Q4 Coop Market 8.4% 4.6% Anemic coop inventory sends total Manhattan inventory below last year s level. Coop units were the only segment of the Manhattan market to see a yearoveryear decline in inventory. While there were more condo and townhouse listings in the fourt quarter of this year than last year, coop inventory fell 6.5 percent sending total Manhattan inventory.9 percent below last year s level. Total Coop 5days median time on market $68 thousand median sale price Price tier shares are based on total number of coop units available during Q4 4. Bottom tier is comprised of units priced up to $665,; middle tier are units priced between $665, and $.49 million; top tier is units priced above $.49 million. 6
7 Manhattan Quarterly Market Report Q4 4 Townhouses (yearoveryear) (quarteroverquarter) Q4 Q4 4 Q 4 Total Townhouse Units Available 77 6.% 8.%.6%.5%.%.7% 4.% 5.% 95.7% 95.4% 94.5% Median Asking Price $7,45, $7,9,.% $7,75,.9% Median Asking Price per sq. ft. $,759 $,68 8.7% $, 4.% Recorded Sales Total Sales % 7.5% $9,45, $9,4,.4% $4,65,.% Total 5 4.% 65.6% Median Days on Market , sales, and pending sales data includes only townhouse listings. Sales data is based on sale transactions recorded by the New York City Department of Finance as of January 9, 5. This may not represent all townhouse sale transactions for Q4 4. Q4 Townhouse Market.6% Total Townhouse.7% Nearly all (95.7 percent) of townhouses listed for sale were priced above $.5 million. Townhouses saw the greatest annual increase in inventory (8. percent) than any other housing type but they remain the most expensive segment of the Manhattan real estate market. The median sale price of these homes jumped a staggering percent since last year to $9.4 million. 5days median time on market 95.7% $9.4 million median sale price Price tier shares are based on total number of townhouse units available during Q4 4. Bottom tier is comprised of units priced up to $665,; middle tier are units priced between $665, and $.49 million; top tier is units priced above $.49 million. 7
8 Neighborhood Summary Manhattan Quarterly Market Report Q4 4 8 All Downtown Battery Park City Chelsea Chinatown Civic Center East Village Financial District Flatiron Gramercy Park Greenwich Village Little Italy Lower East Side Nolita Soho Tribeca West Village All Midtown Central Park South Kips Bay Midtown Midtown South Midtown West Murray Hill Roosevelt Island Sutton Place Turtle Bay All Upper East Side Carnegie Hill Lenox Hill Upper Carnegie Hill Upper East Side Yorkville All Upper West Side Lincoln Square Manhattan Valley Morningside Heights Upper West Side All Upper Manhattan Central Harlem East Harlem Hamilton Heights Inwood Manhattanville Washington Heights West Harlem % 4.% 8.6% 9.7% 7.%.7% 4.9% 9.7% 66.7% 4.% 6.7% 6.7%.%.% 9.9% 6.%.5% 9.5% 5.4% 5.4% 6.4% 8.% 7.%.%.5% 5.8% 4.% 66.7%.% 5.6% 5.9% 6.9% 65.4% 4.8% 9.5% 7.7% 4.6% 7.4% 8.5% 5.5% 84.6% Total Sales Yearoveryear, % 7.4% 6.7%.7% 68.8%.5%.6%.%.% 4.% 4.% 7.6% 4.9%.6%.%.%.9% 4.6%.9% 5.4% 6.4% 5.% 8.8% 6.%.7% 4.%.8% 4.8%.% 6.5% 5.% 5.%.7%.4% 8.8% 4.%.5%.9% 5.6% 4.% 9.% 8.6% Total Yearoveryear % 57.5%.7% 6.9%.9% 8.%.8% 6.6%.% 9.% 5.%.% 7.% 7.9% 5.% 4.% 75.%.% 8.6% 65.8% 8.%.6% 9.6% 4.% 58.8%.5%.8%.%.%.9% 9.%.% 5.6% 9.4% 4.5% 9.7% 5.%.% Median Days on Market Yearoveryear $,5, $77, $,5, $776,84 $694,5 $9, $,5, $,79, $,5,645 $,65, $,58, $645, $,75, $,95, $,4, $95, $87, $,,97 $58, $,8,5 $,5, $96, $64, $94, $85, $75, $999,65 $,8,5 $,7, $,, $,86,5 $755, $98, $88, $,5, $, $975, $448,8 $575, $45, $465,58 $9,5 $65, $445, $7,5.%.7% 8.% 8.4% 4.8%.4%.8%.8% 84.9% 48.8%.6%.6% 5.7% 5.%.9% 6.8% 7.6% 5.% 7.6%.5% 5.% 5.9%.% 4.8%.6% 4.4%.% 8.% 4.5% 4.5%.%.9%.5% 7.% 66.% 6.8% 5.7% 8.% 6.%.4% 6.9%.%.9% 6.6% Median Sale Price Yearoveryear $,95, $,85, $,, $,75, $79, $955, $,,5 $,4,995 $,75, $,675, $,585, $875, $,5, $,695, $4,45, $,5, $,5, $,9, $65, $,995, $,95, $,95, $75, $75, $,5, $98,98 $,595, $,5, $,995, $,75, $,495, $89,5 $,65, $,479, $975, $6, $,,5 $8, $747, $67,5 $488,475 $9,5 $575, $498,5 $9,.% 4.4% 8.%.%.9% 9.%.% 9.% 7.4% 8.%.% 9.6% 6.5% 8.% 8.%.4% 4.% 5.% 4.8% 9.6%.9%.5%.7% 4.% 4.% 4.% 5.6% 4.%.% 5.8% 6.%.% 6.%.6%.6% 4.5%.%.% 5.% 5.6% Median Listing Price Yearoveryear Recorded Sales Data Listings Data % Bottom Tier % Middle Tier % Top Tier.7% 6.8%.6%.% 4 7.7% 7.6% 5.6% 8.6% 7.4% 5.5% 5.5%.% 4.6% 5.7%.4% 6.6% 5.% 9.8% 47.% 4.4% 9.5%.7%.% 4.% 9.%.% 4.9%.8%.5% 5.% 9.%.9%.8% 6.% 4.9% 5.6% 7.% 86.4% 74.8% 7.% 6.% 4.% 7.8% 4 4.% 49.% 7.% 8.5% 9.%.6%.% 6.% 7.% 4.8% 8.6% 6.9%.5% 4.5% 45.%.6% 58.6% 4.5%.% 4.4%.%.7% 6.% 4.5%.4% 4.% 5.% 8.4%.9% 4.9% 6.% 6.% 4.% 4.9%.9% 9.% 6.% 57.% 64.4% 5 8.% 4.% 77.% 4.4%.% 5.5% 79.4% 8.% 9.4% 58.% 9.5% 8.4% 8.7% 6.9% 4.5% 4.9% 9.% 46.% 5.% 5.4% 64.% 6.% 7.% 5.6% 4.7% 4.6% 49.8% 4.5%.% 4.%.7%.%.% 4.%.7% 6.% Pending Sales Yearoveryear Data % 5.% 5.8%.%.%.9%.8% 5.% 9.8% 4 4.6% 4.5% 6.4% 4.% 85.7% 8.% 47.5% 4.% 5.% 5.9%.4% 5.7%.9%.4% 9.9%.5%.6%.%.9%.4% 8.% 4.% 6.7%.7%.6% 66.7% 4.%.5% 6.8%
9 Manhattan Quarterly Market Report Q4 4 Glossary StreetEasy Condo Price Index The StreetEasy Condo Price Index (SECPI) measures how prices are moving in the Manhattan condo real estate market. It is based on a repeatsales method, which compares the sale prices of the same properties over time. Given this methodology, the index is a much more reliable measure of sale prices as it controls for the variety of condos sold in a given month. The SECPI is indexed to January with a value of. StreetEasy Condo Price Forecast The StreetEasy Condo Price Forecast (SECPF) predicts the in Manhattan condo sale prices one month out from the current reported period. Incorporating the StreetEasy Condo Price Index, StreetEasy s comprehensive database of listing prices and days on market two leading indicators to future condo prices we are able to accurately forecast what next month s condo prices will be before the release of publicly recorded sales data. Price Tiers Days on Market Home listings are placed into one of three price tiers bottom, middle, and top using price cutoffs derived from a month weighted moving average of recorded sale prices at the rd and 66th percentiles. Price tier cutoffs each month in order to capture evolving trends in homes that are being sold. The top tier corresponds with the most expensive listings. Quarterly inventory is the sum of all units that were available on StreetEasy at any point during the quarter. For example, if a unit was originally listed in February (Q) and sold in May (Q), it would be included in the inventory number for both quarters. This approach allows us to analyze what was available to buyers in a given quarter instead of at a specific moment or cutoff. The number of days from the original listing on StreetEasy to when it enters contract. After a buyer enters contract on a unit, it is pulled from the market and is no longer available to other buyers creating a logical end point to days on market. Measuring days on market by the number of days from the original listing to the recorded closing date may be skewed by lengthy closing periods during which the unit is not technically on the market. The number of units that entered contract during the quarter. Median Asking Price The exact middle sale price among all recorded sale prices of units that closed during the quarter. In general, median values are more accurate than average values which may be skewed by price outliers (a few sales that are extremely expensive or extremely inexpensive). In order to consider only armslength transactions, we do not include sale prices lower than $, in this calculation. The exact middle asking price among all asking prices of listed units during the quarter. About StreetEasy Launched in 6 and acquired by Zillow, Inc. in August, StreetEasy is New York City s leading real estate resource, providing accurate and comprehensive forsale and forrent listings from hundreds of real estate brokerages in New York City. The site adds layers of deep, proprietary data and useful search tools that help consumers and real estate professionals navigate the complex real estate markets within the five boroughs of New York City, Northern New Jersey, and the /StreetEasy #StreetEasy
The Manhattan real estate market
Manhattan Market Report Q 04 by the numbers +.6% StreetEasy Condo Price Index (QuarteroverQuarter) 0.% StreetEasy Condo Price Forecast (MonthoverMonth) 6.0% Total (QuarteroverQuarter) 6.0% Number of Pending
More informationHomebuyers in the Manhattan
Manhattan Condo Market Report October by the numbers.% Price Index (MonthoverMonth).% Price Forecast (MonthoverMonth) +.% Inventory (Monthover Month) +.% Number of Pending Sales (Monthover Month) days
More informationQuarterly Market Report Q3 2015
Quarterly Market Report Q3 05 Welcome to the StreetEasy Quarterly Market Report We re pleased to present our Quarterly Market Report, powered by New York City s largest and most comprehensive database
More informationHamilton Heights Manhattan. Morningside Heights Harlem
Sutton Area TriBeCa Upper East Side Upper West Side Washington Heights West Village The Corcoran Report Battery Park City Beekman Carnegie Hill Central Park South Chelsea Flatiron Clinton East Harlem East
More informationPeter Comitini Senior VP Associate Broker The Corcoran Group
Sutton Area TriBeCa Upper East Side Upper West Side Washington Heights West Village Battery Park City Beekman Carnegie Hill Central Park South Chelsea Flatiron Clinton East Harlem East Village Financial
More informationHamilton Heights Manhattan. Morningside Heights Harlem
Sutton Area TriBeCa Upper East Side Upper West Side Washington Heights West Village The Corcoran Report Battery Park City Beekman Carnegie Hill Central Park South Chelsea Flatiron Clinton East Harlem East
More informationMarket Report. Manhattan Q Significant findings in Q1 2010
ket Report StreetEasy is pleased to present our Quarterly Report on the residential market. The bulk of the report is based on approximately 3,100 recorded sales for this quarter as well as over 1,000
More informationMorningside Heights Harlem. Peter Comitini Senior VP Associate Broker The Corcoran Group
Sutton Area TriBeCa Upper East Side Upper West Side Washington Heights West Village The Corcoran Report Battery Park City Beekman Carnegie Hill Central Park South Chelsea Flatiron Clinton East Harlem East
More informationMay 2013 April 2013 May 2012 Manhattan Condo Index 2,106 2, % 1, %
Market Report NOTICE: StreetEasy is pleased to present our 2013 Q2 Quarterly Report on the residential market. This preview version of the report is based on over 1,000 broker sources and will provide
More informationBONDREPORT QTR BONDNEWYORK.COM
BONDREPORT QTR 4 2018 BONDREPORT QTR 4 2018 WELCOME TO THE 23RD EDITION OF THE BOND REPORT Looking back on 2018, the year can perhaps best be described as a consistent movement towards corrections. After
More informationMarket Report. Manhattan Q Significant findings in Q2 2010
Market Report StreetEasy is pleased to present our Quarterly Report on the residential market. The bulk of the report is based on approximately 3,500 recorded sales for this quarter as well as over 1,000
More informationNovember 2012 October 2012 November 2011 Manhattan Condo Index 1,974 1, % 1, %
Market Report StreetEasy is pleased to present our 2012 Q4 Quarterly Report on the residential market. The bulk of the report is based on approximately 3,600 estimated recorded sales for this quarter as
More informationMarket Report. Manhattan Q Significant findings in Q3 2008
Market Report StreetEasy is pleased to present our Quarterly Report on the residential market, starting with a special section called Market Snapshot. While the bulk of the report is based on over 4,500
More informationMarket Report. Manhattan Q Significant findings in Q3 2009
ket Report Q3 StreetEasy is pleased to present our Q3 Quarterly Report on the residential market. The bulk of the report is based on approximately 3,300 recorded sales for this quarter as well as over
More informationManhattan Rental Market Report October 2017 mns.com
Manhattan Rental Market Report October 2017 TABLE OF CONTENTS 03 Introduction 04 A Quick Look 07 Mean Manhattan Rental Prices 11 Manhattan Price Trends 12 Neighborhood Price Trends 12 Battery Park City
More informationINTRODUCTION SUMMER SLIDE
3 Q 2 0 1 8 M A NH AT TA N M A R K E T R E P O R T INTRODUCTION M A N H A T T A N S A L E S R E P O R T Q 3 2 0 1 8 : SUMMER SLIDE It s common knowledge that Manhattan property sales typically take a dip
More information1 Q M A NH AT TA N M A R K E T R E P O R T
1Q2018 MANHATTAN M A R K E T R E P O R T INTRODUCTION M A N H A T T A N S A L E S R E P O R T Q 1 2 0 1 8 : THE NECESSITY OF BALANCE The first quarter of 2018 was a balancing act supported by declines
More informationQ M A N H A T T A N M A R K E T R E P O R T
Q 4 2 0 1 7 M A N H A T T A N M A R K E T R E P O R T Introducing the Compass Q4 2017 Manhattan Market Report Page 02 Page 03 Page 05 Page 08 Page 10 Page 11 Coverage area Inventory Contracts signed Closings
More informationManhattan Rental Market Report November 2014 mns.com
Manhattan Rental Market Report November 2014 TABLE OF CONTENTS 03 Introduction 04 A Quick Look 07 Mean Manhattan Rental Prices 11 Manhattan Price Trends 12 Neighborhood Price Trends 12 Battery Park City
More informationBONDREPORT QTR BONDREPORT QTR BONDNEWYORK.COM
BONDREPORT QTR 4 2017 WELCOME TO THE 19 TH EDITION OF THE BOND REPORT It has been quite the year on many fronts, and by all indications, 2017 has no intention of going quietly. The market has continued
More informationThe Corcoran Report 4Q16 MANHATTAN
The Corcoran Report 4Q16 MANHATTAN Contents Fourth Quarter 2016 4/7 12/23 3 Overview 8 9 10 Market Wide 11 Luxury 24 2 Sales / Days on Market 3 Inventory / Months of Supply 4 5 Market Share Resale Co-ops
More informationManhattan Rental Market Report August 2013 mns.com
Manhattan Rental Market Report August 2013 TABLE OF CONTENTS 03 Introduction 04 A Quick Look 07 Mean Manhattan Rental Prices 11 Manhattan Price Trends 12 Neighborhood Price Trends 12 Battery Park City
More informationCITI HABITATS. Manhattan Residential Sales Market Report
Manhattan Residential Sales Market Report Contents 4/7 12/17 3 8 9 10 Market Wide 4 Sales / Days on Market 5 / Months of Supply 6 7 Market Share Resale Co-ops Resale Condos New Developments 11 Luxury Neighborhoods
More informationMANHATTAN MARKET REPORT
MANHATTAN MARKET REPORT Q1 MANHATTAN MARKET REPORT 1Q 2017 Manhattan s residential market is showing signs of improvement after a period of uncertainty leading up to the Presidential election, as it does
More informationManhattan Decade
Manhattan Decade 22 211 prepared by: INtroduction millersamuel.com 212 Miller Samuel Inc. and Prudential Douglas Elliman. All worldwide rights reserved. Manhattan Co-ops and Condos 5 Manhattan Co-ops 8
More informationNew Development Report
New Development Report 2018 First Quarter MANHATTAN $ 2,513 $ 2,185 $ 2,152 3.7% YoY PER SQ. FT. ACTIVE PER SQ. FT. CONTRACT SIGNED PER SQ. FT. CLOSED 1% YoY 4.1% YoY BROOKLYN $ 1,475 PER SQ. FT. ACTIVE
More informationManhattan New Dev. Market Report th Quarter mns.com
Manhattan New Dev. Market Report 2015 4th Quarter TABLE OF CONTENTS Manhattan New Development Report 4Q15 TABLE OF CONTENTS 03 Introduction 04 Market Snapshot 09 Neighborhood Trends 09 Battery Park City
More informationThe Corcoran Report 2Q 2018 MANHATTAN
The Corcoran Report 2Q 218 MANHATTAN 2Q218 MANHATTAN 2 Overview Closed Sales 3,193-14 YEAR OVER YEAR +26 QUARTER OVER QUARTER Closed sales declined 14 annually versus Second Quarter 217. All product types
More informationManhattan Residential Rental Market Report
Manhattan Residential Rental Market Report December & Fourth Quarter 217 Residential Rental Market Report December & Fourth Quarter 217 This report follows overall conditions in the Manhattan rental market
More informationManhattan Rental Market Report November 2015 mns.com
Manhattan Rental Market Report November 2015 TABLE OF CONTENTS 03 Introduction 04 A Quick Look 07 Mean Manhattan Rental Prices 11 Manhattan Price Trends 12 Neighborhood Price Trends 12 Battery Park City
More informationSECOND QUARTER 2007 QUARTERLY MARKET REPORT
SECOND QUARTER 2007 QUARTERLY MARKET REPORT QUARTERLY MARKET REPORT Manhattan The average sale price for Manhattan apartments set a new record in the second quarter, reaching $1,300,212. This figure was
More information2018 Year-End Manhattan Market Report
THE CITYREALTY YEAR-END REPORT DECEMBER DECEMBER Year-End Manhattan Market Report CityRealty is the website for NYC real estate, providing high-quality listings and tailored agent matching for prospective
More informationManhattan Rental Market Report December 2017 mns.com
Manhattan Rental Market Report December 2017 TABLE OF CONTENTS 03 Introduction 04 A Quick Look 07 Mean Manhattan Rental Prices 11 Manhattan Price Trends 12 Neighborhood Price Trends 12 Battery Park City
More informationManhattan Rental Market Report Year End 2012 mns.com
Manhattan Rental Market Report Year End 2012 TABLE OF CONTENTS 03 Introduction 04 Notable Trends 06 Mean Manhattan Rental Prices 08 Neighborhood Price Trends 08 Battery Park City 08 Chelsea 08 East Village
More informationManhattan New Dev. Market Report th Quarter mns.com
Manhattan New Dev. Market Report 2012 4th Quarter TABLE OF CONTENTS TABLE OF CONTENTS 03 Introduction 04 Market Snapshot 09 Neighborhood Trends 09 Battery Park City 10 Chelsea 11 East Village 12 Financial
More informationThe Corcoran Report 4Q 2018 MANHATTAN
The Corcoran Report 4Q 218 MANHATTAN 4Q218 MANHATTAN 2 Overview Closed Sales 2,797-7 YEAR OVER YEAR -15 QUARTER OVER QUARTER Closed sales declined by 7 annually. Resale co-ops enjoyed a slight increase
More informationNew Development Year-End Report
New Development Year-End Report 2017 MANHATTAN $ 2,610 $ 2,282 $ 2,133 0.9% YoY PER SQ. FT. ACTIVE 2.2% YoY PER SQ. FT. CONTRACT SIGNED 2.3% YoY PER SQ. FT. CLOSED BROOKLYN $ 1,440 PER SQ. FT. ACTIVE $
More informationNew Development Report
New Development Report 2017 Third Quarter MANHATTAN $ 2,537 PER SQ. FT. ACTIVE $ 2,138 PER SQ. FT. CONTRACT SIGNED $ 2,096 PER SQ. FT. CLOSED BROOKLYN $ 1,468 PER SQ. FT. ACTIVE $ 1,423 PER SQ. FT. CONTRACT
More informationMANHATTAN RENTAL MARKET REPORT
MANHATTAN RENTAL MARKET REPORT AUGUST 2018 TABLE OF CONTENTS 03 INTRODUCTION 04 A QUICK LOOK 07 MEAN MANHATTAN RENTAL PRICES 11 MANHATTAN PRICE TRENDS 12 NEIGHBORHOOD PRICE TRENDS 12 BATTERY PARK CITY
More informationTHE MANHATTAN RENTAL MARKET REPORT
TM THE MANHATTAN RENTAL MARKET REPORT YEAR END 2011 TABLE OF CONTENTS Introduction 3 Notable Trends 4 Mean Manhattan Rental Prices 5 Neighborhood Price Trends Harlem 7 Upper West 7 Upper East 7 Midtown
More informationManhattan New Dev. Market Report th Quarter mns.com
Manhattan New Dev. Market Report 2017 4th Quarter TABLE OF CONTENTS TABLE OF CONTENTS 03 Introduction 04 Market Snapshot 09 Neighborhood Trends 09 Battery Park City 10 Chelsea 11 East Village 12 Financial
More informationManhattan New Dev. Market Report nd Quarter mns.com
Manhattan New Dev. Market Report 2014 2nd Quarter TABLE OF CONTENTS Manhattan New Development Report 2Q14 TABLE OF CONTENTS 03 Introduction 04 Market Snapshot 09 Neighborhood Trends 09 Battery Park City
More informationManhattan Residential Sales Market Report
Manhattan Residential Sales Market Report Contents 3 4/7 Marketwide 4 Sales / Days on Market 5 Inventory / Months of Supply 6 s 7 Market Share 8 9 10 12/17 Resale Coops s elopments 11 Luxury s 12 13 14
More informationManhattan New Dev. Market Report st Quarter mns.com
Manhattan New Dev. Market Report 2013 1st Quarter TABLE OF CONTENTS Manhattan New Development Report 1Q13 TABLE OF CONTENTS 03 Introduction 04 Market Snapshot 09 Neighborhood Trends 09 Battery Park City
More informationThe Corcoran Report 3Q17 MANHATTAN
The Corcoran Report 3Q17 MANHATTAN Contents Third Quarter 2017 4/7 12/23 3 Overview 8 9 10 Market Wide 11 Luxury 24 4 Sales / Days on Market 5 Inventory / Months of Supply 6 7 Market Share Resale Co-ops
More information1Q18 MANHATTAN The Corcoran Report
1Q18 MANHATTAN The Corcoran Report Contents First Quarter 2018 3 Overview 4/7 Market Wide 8 9 10 12/23 24 4 Sales / Days on Market 5 Inventory / Months of Supply 6 Prices 7 Market Share Resale Co-ops Resale
More informationManhattan Rental Market Report March 2018 mns.com
Manhattan Rental Market Report March 2018 TABLE OF CONTENTS 03 Introduction 04 A Quick Look 07 Mean Manhattan Rental Prices 11 Manhattan Price Trends 12 Neighborhood Price Trends 12 Battery Park City 13
More informationMANHATTAN NEW DEVELOPMENT REPORT 2012 FIRST QUARTER 1 MNS 115 EAST 23 RD STREET, NEW YORK, NY MNS.
TM MANHATTAN NEW DEVELOPMENT REPORT 2012 FIRST QUARTER 1 TABLE OF CONTENTS Introduction 3 Market Snapshot 4 Neighborhood Price Trends Harlem 9 Upper West Side 10 Upper East Side 11 Midtown West 12 Midtown
More informationQUARTERLY MARKET REPORT FOURTH QUARTER 2012
QUARTERLY MARKET REPORT FOURTH QUARTER 2012 Manhattan s and s Average and Median Sale Price A sharp increase in highend sales brought both the average and median apartment price higher than during 2011
More informationManhattan Rental Market Report March 2016 mns.com
Manhattan Rental Market Report March 2016 TABLE OF CONTENTS 03 Introduction 04 A Quick Look 07 Mean Manhattan Rental Prices 11 Manhattan Price Trends 12 Neighborhood Price Trends 12 Battery Park City 13
More informationManhattan Rental Market Report April 2016 mns.com
Manhattan Rental Market Report April 2016 TABLE OF CONTENTS 03 Introduction 04 A Quick Look 07 Mean Manhattan Rental Prices 11 Manhattan Price Trends 12 Neighborhood Price Trends 12 Battery Park City 13
More information2Q2017 L O N G ISLAND CITY
2Q2017 L O N G ISLAND CITY M A R K E T R E P O R T INTRODUCTION L O N G I S L A N D C I T Y S A L E S R E P O R T Q 2 2 0 1 7 : LONG ISLAND CITY IS THE FASTEST GROWING NEIGHBORHOOD IN THE COUNTRY. The
More informationNew Development Year-End Report
New Development Year-End Report MANHATTAN $ 2,215 AVERAGE PRICE PER SQ. FT. CONTRACT SIGNED BROOKLYN $ 1,129 AVERAGE PRICE PER SQ. FT. CONTRACT SIGNED $ 2,86 $ 997 AVERAGE PRICE PER SQ. FT. CLOSED AVERAGE
More informationMANHATTAN NEW DEVELOPMENT REPORT 2011 FOURTH QUARTER 1 MNS 115 EAST 23 RD STREET, NEW YORK, NY MNS.
TM MANHATTAN NEW DEVELOPMENT REPORT 2011 FOURTH QUARTER 1 TABLE OF CONTENTS Introduction 3 Market Snapshot 4 Neighborhood Price Trends Harlem 9 Upper West Side 10 Upper East Side 11 Midtown West 12 Midtown
More informationManhattan Rental Market Report January 2018 mns.com
Manhattan Rental Market Report January 2018 TABLE OF CONTENTS 03 Introduction 04 A Quick Look 07 Mean Manhattan Rental Prices 11 Manhattan Price Trends 12 Neighborhood Price Trends 12 Battery Park City
More informationSan Francisco Housing Market Update
San Francisco Housing Market Update California Economic and Housing Market Outlook The national economy maintained a healthy growth rate in the first quarter of 2005 and appeared to be settling in for
More informationQUARTERLY MARKET REPORT FIRST QUARTER 2013
QUARTERLY MARKET REPORT FIRST QUARTER 2013 Manhattan s and s Average and Median Sale Price While the average apartment price fell 16% over the past year in Manhattan, the decline was due to the rush of
More informationM A N H AT T A N N E W D E V E L O P M E N T R E P O R T S E C O N D Q U A R T E R
TM M A N H AT TA N N E W D E V E L O P M E N T R E P O R T 2012 SECOND QUARTER 1 MNS 1 1 5 E A S T 2 3 RD S T R E E T, N E W Y O R K, N Y 1 0 0 1 0 212.475.9000 INFO@MNS.COM MNS.COM TABLE OF CONTENTS Introduction
More informationYear-End Manhattan Market Report
DECEMBER 2017 DECEMBER 2017 Year-End Manhattan Market Report Under Embargo Until Wednesday, December 13 at 12:01 a.m. CityRealty is the website for NYC real estate, providing high-quality listings and
More informationSECOND QUARTER 2013 QUARTERLY MARKET REPORT
SECOND QUARTER 2013 QUARTERLY MARKET REPORT Manhattan s and s Average and Median Sale Price Manhattan apartment prices averaged just over $1.4 million in the second quarter, 3% less than a year ago. A
More informationTHE MANHATTAN RENTAL MARKET REPORT
TM THE MANHATTAN RENTAL MARKET REPORT JULY 2012 1 TABLE OF CONTENTS Introduction 3 A Quick Look 4 Mean Manhattan Rental Prices 8 Manhattan Price Trends 10 Neighborhood Price Trends Harlem 11 Upper West
More informationTHE MANHATTAN RENTAL MARKET REPORT
TM THE MANHATTAN RENTAL MARKET REPORT AUGUST 2011 1 TABLE OF CONTENTS Introduction 3 A Quick Look 4 Mean Manhattan Rental Prices 8 Manhattan Price Trends 10 Neighborhood Price Trends Harlem 11 Upper West
More informationManhattan Rental Market Report Year End 2010
Manhattan Rental Market Report Year End 2010 Table of Contents Introduction 3 A Quick Look 4 Mean Manhattan Rental Prices 5 Notable Trends 7 Manhattan Price Trends 7 Neighborhood Price Trends Upper West
More informationQUARTERLY MARKET REPORT FIRST QUARTER 2012
QUARTERLY MARKET REPORT FIRST QUARTER 2012 Manhattan s and s A surge in sales over $10 million led the average Manhattan apartment price 9% higher over the past year, to $1,483,591. Closings over $10 million
More informationQ B O S T O N M A R K E T R E P O R T
Q 3 2 1 7 B O S T O N M A R K E T R E P O R T Introducing the Compass Q3 217 Greater Boston Market Report Page 2 Page 3 Page 5 Page 7 Page 8 Map of Coverage Area Single Family Overview Condo Overview Time
More information3Q2017 L O N G ISLAND CITY
3Q2017 L O N G ISLAND CITY M A R K E T R E P O R T INTRODUCTION L O N G I S L A N D C I T Y S A L E S R E P O R T Q 3 2 0 1 7 : THE SKY IS THE LIMIT Here at Stribling, we are really excited by what s going
More informationFourth Quarter 2018 Market Report Manhattan Residential
Market Report Manhattan Residential Data Highlights Cover Property: Halstead.com WEB# 19041474 A pickup in luxury new development closings pushed the average price higher than a year ago. The median apartment
More informationManhattan Residential Rental Market Report
Manhattan Residential Rental Market Report June & Second Quarter 218 Residential Rental Market Report June & Second Quarter 218 This report follows conditions in the Manhattan rental market during June
More informationNew York City Market Update First Quarter sothebyshomes.com/nyc
New York City Market Update First Quarter 217 MANHATTAN BROKERAGES Downtown 149 Fifth Avenue, 4 th Floor t: 212.431.244 East Side 38 East 61 st Street t: 212.66.766 West Side 2244 Broadway t: 212.579.93
More informationMANHATTAN MARKET REPORT. 2nd Quarter 2017 RESALE
MANHATTAN MARKET REPORT 2nd Quarter 2017 RESALE LETTER FROM THE PRESIDENT We are pleased to introduce the very first Berkshire Hathaway HomeServices New York Properties Manhattan Market Report, featuring
More informationNew Development Year-End Report
New Development Year-End Report MANHATTAN 2,775 PER SQ. FT. ACTIVE 2,268 BROOKLYN 1,34 PER SQ. FT. ACTIVE 1,335 PER SQ. FT. CONTRACT SIGNED PER SQ. FT. CONTRACT SIGNED 1,98 1,167 PER SQ. FT. CLOSED PER
More informationQUARTERLY MARKET REPORT
fourth QUARTER 2011 QUARTERLY MARKET REPORT Manhattan s and s Average and Median Sale Price Manhattan apartment prices averaged $1,391,745 in the fourth quarter of 2011, 3% less than a year ago. A leading
More informationmonthly market Monthly Market Report report June 2016 July 2016 Sales Summary... Historical Performance... 4
June 2016 July 2016 monthly market report Monthly Market Report 2 4 7 8 Sales Summary... Historical Performance... 4 New developments... 5 Notable New Listings... 6 Snapshot... 7 CityRealty is the website
More informationQ SOUTHWEST REGION
Quarterly Indicators SOUTHWEST REGION Monthly Snapshot Includes the Durango Area Association of REALTORS, Four Corners Board of REALTORS, Pagosa Springs Area Association of REALTORS and the San Luis Valley
More informationAverage and Median Sale Price
F O U R T H q u a rt e r 2 0 1 4 m a n h att a n m a r k e t r e p ort Manhattan All s & s* and Median Sale $1,603,877 $870,000 $1,700,581 $910,000 $1,674,206 $905,000 $1,649,631 $900,000 $1,728,831 $960,000
More informationThe Corcoran Report 4Q17 TOWN OF PALM BEACH & BARRIER ISLANDS
The Corcoran Report 4Q17 TOWN OF PALM BEACH & BARRIER ISLANDS Town of Palm Beach 19 $8.379M $5.717M 19% 102% 92% 52 $607K $364K -7% WEB# 5301358 on corcoran.com 14% 2017 4Q Corcoran Report Palm Beach In
More informationMANHATTAN NEW DEVELOPMENT REPORT
manhattan new development REPORT 2q2011 MEAN MANHATTAN RENTAL PRICES TM MANHATTAN NEW DEVELOPMENT REPORT 1 2011 SECOND QUARTER manhattan new development REPORT 2q2011 TABLE OF CONTENTS Introduction 3 Market
More informationmarket YEAR-END REPORT December 2015
DECEMBER December YEAR-END MANHATTAN market REPORT CityRealty is the website for NYC real estate, providing high-quality listings and tailored agent matching for prospective apartment buyers, as well as
More informationManhattan Residential Rental Market Report
average $2,33 $2,755 $3,15 $4,312 median $2,155 $2,525 $3,1 $3,6 Washington Harlem $4,8 $3,225 Morningside $4,22 $3,835 $3,4 $3,35 Upper Side $3,939 $3,4 C e n t r a l P a r k $4,876 $4,498 $3,45 $4,125
More informationManhattan Rental Market Report Year End 2009
Manhattan Rental Market Report Year End 2009 Table of Contents Introduction 3 A Quick Look 4 Mean Manhattan Rental Prices 5 Notable Trends 7 Manhattan Price Trends 7 Neighborhood Price Trends Upper West
More informationCalifornia Housing Market Update. Monthly Sales and Price Statistics December 2018
California Housing Market Update Monthly Sales and Price Statistics December 2018 Sales Reached the Lowest Level since Jan 2015 California, December 2018 Sales: 372,260 Units, -5.2% YTD, -11.6% YTY 700,000
More informationVacancy Inches Higher, Despite Continued Absorption
Research & Forecast Report GREATER PHOENIX OFFICE 1Q 2017 Vacancy Inches Higher, Despite Continued Absorption Key Takeaways > > Improving conditions in the Greater Phoenix office market took a pause in
More information2015 First Quarter Market Report
2015 First Quarter Market Report CAAR Member Copy Expanded Edition Charlottesville Area First Quarter 2015 Highlights: Median sales price for the region was up 5.1% over Q1-2014, rising from $244,250 to
More informationMonthly Market Report
JANUARY 2018 Monthly Market Report SALES SUMMARY... 2 2 4 7 8 NEW DEVELOPMENTS... 5 LUXURY... 7 SNAPSHOT... 8 CityRealty is the website for NYC real estate, providing high-quality listings and tailored
More informationLeasing cools, but deal flow consistent
MARKETVIEW Downtown Manhattan Office, Q3 216 Leasing cools, but deal flow consistent Leasing Activity.85 MSF Net Absorption (.12) MSF Availability Rate 11.7 Vacancy Rate 9.3 Average Asking Rent $57.5 PSF
More informationTHE AGGREGATETM 4TH QUARTER 2015
THE AGGREGATETM 4TH QUARTER INTRODUCTION 4TH QUARTER Welcome to The Aggregate, the quarterly residential market report published by TOWN Residential. As New York s leading fully-integrated residential
More informationSEPTEMBER Monthly Market Report
SEPTEMBER 2018 2 4 7 8 Monthly Market Report Summary The average sales price in Manhattan rose in the four weeks leading up to August 1, as did the number of recorded sales. The average sales price for
More informationTHE AGGREGATE 4TH QUARTER 2017 TOWNRESIDENTIAL.COM A COMPREHENSIVE QUARTERLY ANALYSIS OF THE MANHATTAN MARKET BY TOWN RESIDENTIAL
THE AGGREGATE TM 4TH QUARTER 2017 A COMPREHENSIVE QUARTERLY ANALYSIS OF THE MANHATTAN MARKET BY TOWN RESIDENTIAL Q4 2017 INTRODUCTION Welcome to The Aggregate, the quarterly residential market report published
More informationTen-Year Residential Rental Market Report CITI HABITATS
Ten-Year Residential Rental Market Report 2007-2016 TEN-YEAR RESIDENTIAL RENTAL MARKET REPORT 2007-2016 The last ten years have been remarkable ones for the Manhattan rental market. This study covers the
More informationMANHATTAN RENTAL MARKET REPORT august 2012 AUGUST 2012
MANHATTAN RENTAL MARKET REPORT august 2012 TM T H E M A N H AT TA N R E N TA L M A R K E T R E P O R T AUGUST 2012 MNS 1 1 5 E A S T 2 3 RD S T R E E T, N E W Y O R K, N Y 1 0 0 1 0 212.475.9000 INFO@MNS.COM
More informationFOURTH QUARTER 2009 QUARTERLY MARKET REPORT
FOURTH QUARTER 2009 QUARTERLY MARKET REPORT Manhattan s and s Average and Median Sale Price While both the average and median sale price for Manhattan apartments fell compared to the fourth quarter of
More informationThe Corcoran Report 4Q 2018 BROOKLYN
The Corcoran Report 4Q 218 BROOKLYN 4Q218 BROOKLYN 2 Overview Closed Sales 1,47-6 YEAR OVER YEAR -7 QUARTER OVER QUARTER Closed sales dipped relative to last year, yet Fourth Quarter 218 was the second
More informationCalifornia Housing Market Update. Monthly Sales and Price Statistics November 2018
California Housing Market Update Monthly Sales and Price Statistics November 2018 Home Sales: Largest Decline Since 2014 California, November 2018 Sales: 381,400 Units, -4.6% YTD, -13.4% YTY 700,000 600,000
More informationMonthly Market Update
Monthly Market Update December 2015 New York City Office Outlook June 2016 M A N H A T T A N Class A Asking Rents M A N H A T T A N Class A Vacancy Rates $100.00 May-14 May-15 May-16 20.0% May-14 May-15
More informationCharacteristics of Recent Home Buyers
Characteristics of Recent Home Buyers Special Studies, February 1, 2019 By Carmel Ford Economics and Housing Policy National Association of Home Builders Introduction To analyze home buyers NAHB uses the
More informationrd Quarter Market Report
2012 3 rd Quarter Market Report The voice of real estate in Central Virginia CAAR Member Copy Expanded Edition Charlottesville Area 3 rd Quarter 2012 Highlights: Overall sales in Greater Charlottesville
More informationManhattan Residential. SECOND quarter
2016 Manhattan Residential MARket Report SECOND quarter Data Highlights Cover Property: halstead.com WEB# 14786560 The average and median prices fell from last quarter s records, but remain higher than
More informationManhattan Residential Market Report. Third Quarter 2012
Manhattan Residential Market Report Third Quarter 2012 Manhattan s and s Manhattan apartment sales rose 12% compared to a year ago to 2,790, the highest quarterly total since the collapse of Lehman Brothers.
More informationCalifornia Housing Market Update. Monthly Sales and Price Statistics September 2018
California Housing Market Update Monthly Sales and Price Statistics September 2018 Sales Had the Largest Decline since March 2014 California, September 2018 Sales: 382,550 Units, -3.3% YTD, -12.4% YTY
More informationHigh-priced homes have a unique place in the
Livin' Large Texas' Robust Luxury Home Market Joshua G. Roberson December 3, 218 Publication 2217 High-priced homes have a unique place in the overall housing market. Their buyer pool, home characteristics,
More information