January 1 ABSORPTION REPORT MANHATTAN APARTMENTS
January 1 Highlights The absorption rate fell to 5.1 months in January, but remained At 3.9 11% higher than a year ago. months, the absorption rate for co-ops remains well below the.5-month rate for condos. The West Side remains the tightest market in Manhattan, with just a apartments for sale. 3. -month supply of BrownHarrisStevens.com WEB# 17113 Definitions Listings: Number of active listings transmitted through the Real Estate Board of New York s listing service at the beginning of the month. Absorption Rate: How many months it would take to sell all active listings in a given market. We calculate it by dividing the number of listings by the average number of closings over the prior months. Historically, an absorption rate between -9 months indicates a balanced market. BrownHarrisStevens.com WEB# 1391 Cover Property: BrownHarrisStevens.com WEB# 17593
Manhattan. 5..3..3 5.. 5. 5. 5.1 Jan-1 Studio 19.5 9 133 3. 1-Bedroom 77. 5.1 1. -Bedroom 93.3 13.7 1. 3+Bedroom 93 1. 11 1. 91 9. Loft 1.3 57 9.5 171 5. All 3,1.5 3,5 7.,7. BrownHarrisStevens.com WEB# 11733 Studio 3.5.9 15.1 1-Bedroom 3 3. 7 3.5 57.7 -Bedroom 3.9 7.5 5 3. 3+Bedroom 5 7.5 3. 71. Loft 15 5.1 3 5.7 17. All,173 3.9,73.5 1,931 3. BrownHarrisStevens.com WEB# 173131 JANUARY 1 ABSORPTION REPORT Brown Harris Stevens 3
East Side GENERALLY 59TH STREET TO 9TH STREET, FIFTH AVENUE TO THE EAST RIVER.9 5.7..9 7.1. 5. 5.3. 5.3 5. Jan-1 Studio 19 3.5.1 11 1. 1-Bedroom 3 3. 9. 1 3. -Bedroom 1 5. 135.9 19 7.3 3+Bedroom 15 9. 179 1. 159 11. All 3 5. 3 5. 3.1 BrownHarrisStevens.com WEB# 179193 Studio 59.9 9 3.3. 1-Bedroom 1 3.3 3.7 153.9 -Bedroom 9.9 5 5. 179. 3+Bedroom 5. 31 9. 9 1.5 All 7.7 3 5.3 9.3 BrownHarrisStevens.com WEB# 135133 JANUARY 1 ABSORPTION REPORT Brown Harris Stevens
West Side GENERALLY 59TH TO 11TH STREET, HUDSON RIVER TO WEST OF FIFTH AVENUE 3.3 3..1. 5.3 5.. 3.7.5..1 3. Jan-1 Studio 19. 1 5.3 11.1 1-Bedroom 79.7 9 3.1 75. -Bedroom 11. 15.3.5 3+Bedroom 1.5 15 7. 13 7. All 3.3 3.7 3 5.1 BrownHarrisStevens.com WEB# 175 Studio 5 1. 9. 1.3 1-Bedroom 1.9 1 3. 13.3 -Bedroom 1.9 135 3.3 7 1.9 3+Bedroom 9.9 131.1 7.5 All 337 3.1 1 3.. BrownHarrisStevens.com WEB# 17717 Brown Harris Stevens 5 JANUARY 1 ABSORPTION REPORT Brown Harris Stevens 5
Midtown East 5. 5.7.5.... 5.7... 5. GENERALLY 3TH TO 59TH STREET, FIFTH AVENUE TO THE EAST RIVER Jan-1 Studio 5. 3.3 1. 1-Bedroom 13. 1 7. 1 -Bedroom 113. 13 9.1 1 5.7 3+Bedroom 111 1. 13 1.7 19 1. All 3 7.7 37.5 335.1 BrownHarrisStevens.com WEB# 1131 Studio 9. 9. 5. 1-Bedroom 1 3. 15. 1 3.7 -Bedroom 111. 13.9 97. 3+Bedroom 9 11. 9 1.1 1 All 353.1.9 33. BrownHarrisStevens.com WEB# 179115 JANUARY 1 ABSORPTION REPORT Brown Harris Stevens
Midtown West 7. 7.7 7.. 9..1 7. 7..9. 7.3 7.1. GENERALLY 3TH TO 59TH STREET, HUDSON RIVER TO WEST OF FIFTH AVENUE Jan-1 Studio 7 3.9 9.1 1 1.7 1-Bedroom 11 5. 15. 1.3 -Bedroom 1 7.5 137.1 13 11.3 3+Bedroom 9 3. 9 5. 5. All 31 7.3 9. 377 7. BrownHarrisStevens.com WEB# 1795 Studio 19 3.3 19 3. 9.3 1-Bedroom 3 3..1 35 5. -Bedroom 19 5. 7 7..5 3+Bedroom 7. 1 1. 17. All 75.1 9. 9 5. BrownHarrisStevens.com WEB# 1757 JANUARY 1 ABSORPTION REPORT Brown Harris Stevens 7
Downtown 3TH - 1TH STREET 5. 5.3 5.7... 5...9 5.1 5.3 5. Jan-1 Studio 1 3.5.1 1. 1-Bedroom 3. 7 3.3. -Bedroom 137.5 13. 15.7 3+Bedroom 17 1. 157 1.9 155 1. Loft 53 7. 7 9. 5 7. All 39.5 9. 7.1 BrownHarrisStevens.com WEB# 1799 Studio 3.5 5 3. 1. 1-Bedroom 79.9.9. -Bedroom 7.3 3.. 3+Bedroom 7. 9..3 Loft 5 7. 7. 5 5.3 All 3. 7 3.9 19 3. BrownHarrisStevens.com WEB# 17955 JANUARY 1 ABSORPTION REPORT Brown Harris Stevens
Downtown SOUTH OF 1TH STREET. 5..7..5 5.9 5.9 5.....3 Jan-1 Studio 71.3 7.9 5 5. 1-Bedroom 15.9 3 7.5 1 3.9 -Bedroom. 79 1. 1 5. 3+Bedroom 7 11. 9 11. 7 7.7 Loft 19.9 17 9. 113 5. All 955. 1,73 9.3 7 5. BrownHarrisStevens.com WEB# 1797 Studio 39 3. 3.9 35. 1-Bedroom.5 119 3.1 77. -Bedroom 7 3. 9 3. 7 3. 3+Bedroom.3 3.5 5. Loft 1 5.3 19. 93. All 335 3.5 3. 37 3. BrownHarrisStevens.com WEB# 17197 Brown Harris Stevens 9 JANUARY 1 ABSORPTION REPORT Brown Harris Stevens 9
Upper Manhattan 3. 3. 3...7.9..1 3.1..3.. GENERALLY NORTH OF 9TH STREET ON THE EAST SIDE, AND 11TH STREET ON THE WEST SIDE Jan-1 Studio 13.5 15. 7 3. 1-Bedroom 57. 5. 51 3.7 -Bedroom 5. 7. 3.9 3+Bedroom. 7..1 All 1.7.9 17. Studio 1 3. 1 3. 7 1. 1-Bedroom 3. 5 3. 3 1. -Bedroom 5.9 7 3.7.3 3+Bedroom 39 7.5 53 7. 5 3. All 15 3. 19.3 13. BrownHarrisStevens.com WEB# 17779 Brown Harris Stevens 1 JANUARY 1 ABSORPTION REPORT Brown Harris Stevens 1
Contact us Madison Avenue 79 Madison Avenue Caroline E. Y. Guthrie President Prepared by Lisa Rae Castrigno, SVP of Research. 1 by Brown Harris Stevens. All Rights Reserved. This information may not be copied, used or distributed without Brown Harris Stevens consent. While information is believed true, no guaranty is made of accuracy. East Side West Side 19 Broadway Kevin Kovesci, EVP CENTRAL PARK WEST CENTRAL PARK 5TH AVENUE 5 Park Avenue Hall F. Willkie, Co-President Bess Freedman, Co-President Ruth McCoy, EVP Richard Ferrari, EVP Neil M. Laurine, EVP Brown Harris Stevens Development keting 5 Park Avenue Downtown 13 Fifth Avenue Stephen Klym, EVP Stephen Kliegerman, President Brooklyn Heights 19 Montague Street Christopher Thomas, EVP Park Slope 1 Seventh Avenue Camille Logan, EVP Sarah Orlinsky-Maitland, EVP Tribeca 3 North Moore Stephen Klym, EVP NEW YORK CITY THE HAMPTONS PALM BEACH MIAMI 1.9.9