The Manhattan Market Pulse: December 2023

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What’s going on in the Residential Market? 

The contract activity, the number of signed contracts, for the month of November is down 5.3% compared to a year ago and also down 22% compared to the monthly historical average.

The Median Sales Price for a Manhattan apartment is $1.12M, and it’s 1% up compared to a year ago.

The supply, the number of units on the market, is down 3.4% compared to December 2022. While the number ...

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Manhattan Market Pulse: November 2023

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Here we go with the Manhattan Market Pulse, what’s going on in the Residential Market? 

The contract activity, the number of signed contracts, for the month of October is down 9.8% compared to a year ago and also down 11% compared to the historical average for the month of October. 

The Median Sales Price for a Manhattan apartment is $1.12M and it’s 2% down compared to a year ago. 

The supply, the number of units ...

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Manhattan Market Pulse: October 2023

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The monthly contract activity stood at 571 in September, down 13.4%, with 88 fewer contracts signed than last year and 18% with 127 fewer signatures from the 698 historical average for the month. The Median Sales Price is $1,130,000, 2.2% down from last month and 5% down from last year. The supply of units on the market stands at 7,219, down 6.7% from a year ago. While the number of pending sales and units currently in contract stands ...

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Manhattan Market Pulse

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The monthly contract activity stood at 979 in June, down 6% both compared to last year and from the 1,042 historical average for the month. The Median Sales Price is $1,024,000, at the moment, 1.5% up from last year. The supply, which is the number of units on the market, stands at 7,003, down 6.8% from a year ago. While the number of pending sales, which ...

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Manhattan Market Pulse: May 2023

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The monthly contract activity stood at 850 in April, down 39.6% compared to last year and up 2% from the 1088 historical average for the month of April. The Median Sales Price is $1,019,000, at the moment, down -9.4% from last year. The supply, which is the number of units on the market, stands at 7,469, virtually unchanged from a year ago. While the number of pending sales, which is the number of currently in contract units, stands ...

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Manhattan Luxury Reality Check

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Every week we hear of multi-million dollar properties going on the market and sometimes the asking price seems exorbitant, and it really is! With this report we will take a closer look at the numbers of the Manhattan Luxury Real Estate Market, giving you the opportunity to get an idea of what the actual selling price of these ...

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