units on the market Archives - Rava Realty

The Manhattan Market Pulse: June 2024

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The contract activity, or the number of signed contracts, for the last month is down 13.4% compared to a year ago and 10% compared to the monthly historical average. 

The Median Sales Price for a Manhattan apartment is $1.21M, which is 1.2% lower than a year ago.

The supply, or the number of units on the market, is down 0.8% compared to June 2023. Meanwhile, the number of pending sales, or the number of units currently ...

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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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