(data source: millersamuel.com)
Continue Reading →
27
FEB
2024
FEB
2024
0
Share
Miami-Dade Contract Activity
Posted by:
Manhattan Market Pulse: Feb. 23
Posted by:
The monthly contract activity stood at 592 in January, down 37.8% compared to last year and down 23.7% from the 776 historical average for the month of January. The Median Sales Price is $1,075,000, at the moment, down -14% from last year.
The supply, which is the number of units on the market, stands at 6,078, up 2.7% from a year ago. While the number of pending sales, which is the number of currently in contract units, ...
Continue Reading →
20
FEB
2023
Share
FEB
2023
Manhattan Real Estate Market Pulse: Jan. 23
Posted by:
Residential market
The monthly contract activity stood at 599 in December, down 46.4% compared to last year and down 9.1% from the 788 historical average for the month. The supply, which is the number of units on the market, stands at 5,860, up almost 2% from a year ago. While the number of pending sales, which is the number of units that are currently in contract, stands at 2,282; this value is 41.6% lower than a year ago. The ...
Continue Reading →
19
JAN
2023
Share
JAN
2023
Manhattan Luxury Reality Check
Posted by:
There were 121 closings at $4 million and above in January 2022, 50 less than December. The Average Closing Price was $8,111,567 down -18%, meanwhile, the Median Closing Price was $6,125,797 down a nominal -0.4%. The Negotiability Factor, that is the average discount from the last asking price, was 4.55% down from 6.62% during the previous month. The pace of the market was basically unchanged since the Average Days On the Market were 155 compared to 153 for the properties that ...
Continue Reading →
22
MAR
2022
Share
MAR
2022
There were 38 closing at $4 million and above in January 2021, 45 lessthan the previous month. The Average Closing Price was $8,493,335 down -4% from the previous month, meanwhile the Median Closing Price was $5,770,000 down -16% from the previous month, the Negotiability Factor, that is the average discount from the last asking price, was 14.23% up from 10.76% the ...
Continue Reading →
24
MAR
2021
Share
MAR
2021
NYC Rental Market Picks Up Pace
Posted by:
It’s recovery time. In Manhattan, new lease signings rose to their highest level for the month of January, since the last financial crisis: up 57.6%year over year.
Lowered rents prompted an increase in the new lease contracts activity. Tenants are moving back to the city in search of good deals as they sense the leverage in ...
Continue Reading →
23
FEB
2021
Share
FEB
2021