What’s going on in the Residential Market?
The contract activity, the number of signed contracts, for the month of December is down 4.9% compared to a year ago and also down 18% compared to the monthly historical average.
The Median Sales Price for a Manhattan apartment is $1.16M, and it’s 3.2% up compared to a year ago.
The supply, the number of units on the market, is down 2.9% compared to the same period of January ...
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2024