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Manhattan Condos Real Estate Monthly Market Update 12/1/2018

Share

Manhattan Condos Real Estate Monthly Market Update 12/1/2018

Raymond P. (Randy) Reis III

Before coming to real estate sales in late 2007, Raymond was a career Wall Street executive with the distinction of having been a member of the Americ...

Before coming to real estate sales in late 2007, Raymond was a career Wall Street executive with the distinction of having been a member of the Americ...

Dec 3 2 minutes read

Supply (3,397)

  

  • +37.0% year to date
  • -3.9% from last month
  • +21.4% from last year

Pending Sales (944)

  

  • -0.2% year to date
  • -2.7% from last month
  • -7.4% from last year


Volatility Index (3.6)

  

  • +46.9% year to date
  • -1.1% from last month
  • +72.2% from last year


Days on Market (97)

  

  • +16.9% year to date
  • +3.2% from last month
  • +14.1% from last year


Price / Square Foot ($1,490)

  

  • +0.6% from last month
  • -6.2% from last year


Median Sale Price ($1,543,910)

  

  • -5.7% from last month
  • -8.1% from last year


Monthly New Supply (534)

 

  • -35.6% from last month
  • +6.8% from last year


Monthly Contract Activity (290)

 

  • -22.0% from last month
  • -21.0% from last year


Median Listing Discount (6.7%)

 

  • +36.7% from last month
  • +67.5% from last year


Monthly Absorption Rate (7.1)

  

  • +7.6% from last month
  • +20.3% from last year


Sale Over Asking Price

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