Posted July 18, 2022
Q2 2022 Manhattan Market Report
Average sales price increased by +5.89% compared to Q1 of 2022 for both condos and coops indicating the Manhattan market is holding strong after seeing some record high data points.
Q1 2022 Manhattan Market Report
With increasing sales throughout the city, Manhattan saw a surge in competing buyers to seal in deals.Inventory fell -12.05% annually but rose +16.28% with 6,820 listings from 5,867 listings in Q4 2021.Days on market maintained its significant decrease of -37.98% annually causing a scramble for buyers.
Q4 2021 Manhattan Market Report
Rising prices, plummeting inventory, and decreasing days on market controlled the Manhattan Q4 condo and co-op market. Closing out with a +20.21% in median sales price increase, the Upper West Side contributed heavily to the increase compared to 2021 in the area. With limited inventory and a -31.38% decrease in days on market YOY, listings lived an average of 64 days market-wide. This made for one of the fastest moving markets in years.
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