Market Reports

Posted April 15, 2022

Q1 2022 Market Report - Argo Residential

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 Report

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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