Market Reports

Lorem ipsum dolor sit amet consectetur adipiscing.

Posted February 2, 2021

Q4 Manhattan Market Report

$500K – $1.99M, $1M – $3.99M, and $500K – $9.99M

The number of sales in Q4 had positive growth rising nearly 40% from Q3. Despite this, compared to last year, sales remain on the decline. Of inventory sold, the median sales price YOY has slightly increased. While days on market has increased from Q4 2019, compared to Q3 2020, there is about a 20 day decrease.

Inventory has increased by 25% year over year. There was a 17.6% difference between listed and closed sales prices. Total transactions were down -20% for the second straight quarter.


Q3 Manhattan Market Report

$500K – $1.99M, $1M – $3.99M, and $500K – $9.99M

While there is real estate being traded in today’s market, it’s trading at a much slower rate in 2020 compared to 2019, and in many cases, at lower prices with an extended days on market count of 132. Inventory has increased by +27% year over year. There was nearly a 4% difference between listed and closed sales prices. Total transactions were down -47% for the second straight quarter and the market saw the highest listing inventory total and slowest market pace since 2009.*

*Largest annual decline occured in smaller apartments skewing the overall price trends higher.


More Posts

  • All
  • Argo News
  • COVID-19

Sorry, we couldn't find any posts. Please try a different search.

Expert Advice • Best-in-class Service • Proven Results

Let’s sell your home.

Search the entire NYC market-place here.

Let’s find the right home.