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Manhattan Charts & Tables

Posted by William Hobbs on February 8, 2018
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Manhattan  –  Jan 2012 to Jan 2018

Existing & Resale

Off Market = “on, did not sell, and off.”

High, 2,224 units, but 25% below Jan 2012.

 

Manhattan – Existing & Resale

Remarkable pct, 40% and 51%, sold at and over the asking price.

Q4 and Q3 closings are Q2 and Q3 contracts.

“If the price is right, Manhattan is STRONG.

Manhattan  –  Dec 2012 to Nov 2017

New & Recent Development – Median Sale Price

Over $2M for 13 straight months.

The recent peak was April 2017 at more than $2.5M.

 

Manhattan  –  Dec 2012 to Nov 2017

Existing & Resale – Median Sale Price

July 2017 is new peak of $1,003,125 .

 

 

Manhattan  –  Jan 2012 to Jan 2018

New & Recent Development

Supply is near an all time high with more coming.

 

Manhattan  – Jan 2012 to Jan 2018

Existing & Resale

Supply to breach +4,000 units in the Spring of 2018 for the first time since spring 2012.

 

Manhattan – Jan 2012 to Jan 2018

Resale & Existing  –  Pending sales

We’d like to have more.

New Development absorbs a lot of market share.

 

Manhattan Dec 2012 to Nov 2017

Resale & Existing

May 2016 is peak at $1,214 per foot.

 

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