Market Pulse Report: Manhattan, May 2022

ManhattanMARKET PULSE REPORT

Prepared on May 3, 2023

RentalsManhattanMay 2022 - April 2023

Average Listed Rent

YOY18.43%

May 2022 - Apr 2023

$5,431

May 2021 - Apr 2022

YOY$4,430

Median Listed Rent

YOY18.2%

May 2022 - Apr 2023

$4,395

May 2021 - Apr 2022

YOY$3,595

New Listings

YOY1,615

May 2022 - Apr 2023

56,523

May 2021 - Apr 2022

YOY58,138

Rental Inventory

YOY8,409

May 2022 - Apr 2023

51,860

May 2021 - Apr 2022

YOY60,269

Rent Drops

YOY2,351

May 2022 - Apr 2023

76,639

May 2021 - Apr 2022

YOY78,990

Taken Off Market

YOY1,740

May 2022 - Apr 2023

7,750

May 2021 - Apr 2022

YOY9,490

Rented Properties

YOY10,474

May 2022 - Apr 2023

41,393

May 2021 - Apr 2022

YOY51,867

Avg Rent PSF

YOY13.75%

May 2022 - Apr 2023

$80

May 2021 - Apr 2022

YOY$69

Edward P Landsberg

Keller Williams NYC

M: 856-434-9991 | O: 212-301-1140 | elandsberg@kw.com

Disclaimer
The Market Pulse Report is based on data collected from landlords, real estate agents and brokers, developers and other public sources. All material presented herein is intended for information purposes only and has been compiled from sources deemed reliable. Though information is believed to be correct, it is presented subject to errors, omissions, changes or withdrawal without notice. Broker and On-Line Residential, Inc assumes no responsibility for inaccuracies in the information presented. ** View the methodology used to generate this report.