In the first quarter of 2014, the listing inventory in Manhattan was relatively unchanged at 4,968 units compared with 4,960 units a year earlier, according to a report by appraisal firm Miller Samuel. Meanwhile, the average number of days a property was on the market dropped to 115 from 132 last year.

Miller Samuel’s data show 45.9 percent of Manhattan condos and co-ops sold at or above the listing price during the second quarter, up from 38.1 percent in the first three months of the year.