Market Pulse Report: Manhattan, 2020

ManhattanMARKET PULSE REPORT

Prepared on September 22, 2022

SalesManhattan2020

Average Listed Price

YOY5.26%

2020

$2.43M

2019

YOY$2.56M

Median Listed Price

YOY6.54%

2020

$1.3M

2019

YOY$1.38M

New Listings

YOY1,887

2020

20,274

2019

YOY22,161

Listing Inventory

YOY448

2020

20,571

2019

YOY20,123

Price Drops

YOY3,360

2020

11,216

2019

YOY14,576

Taken Off Market

YOY1,055

2020

13,654

2019

YOY14,709

Contracts Signed

YOY2,604

2020

7,575

2019

YOY10,179

Avg Days on Market

Listed to Contract Signed

YOY24

2020

186

2019

YOY162

Avg Listed Price PSF

YOY3.03%

2020

$1,649

2019

YOY$1,699

Average Sold Price

YOY6.39%

2020

$1.89M

2019

YOY$2.01M

Median Sold Price

YOY5.79%

2020

$1.04M

2019

YOY$1.11M

Sold Properties

YOY3,636

2020

8,253

2019

YOY11,889

Avg Sold Price PSF

YOY5.36%

2020

$1,473

2019

YOY$1,552

SalesManhattan2020

Studio

Alcove

1 Bedroom

2 Bedrooms

3 Bedrooms

4+ Bedrooms

Loft**

Average Listed Price

$516,262

$583,824

$974,093

$2,067,895

$4,401,994

$9,550,645

$3,327,273

Median Listed Price

$460,000

$549,000

$830,000

$1,700,000

$3,295,000

$6,500,000

$2,295,000

Sold Properties

592

439

2,912

2,492

1,077

356

734

Taken Off Market

1,003

509

4,085

4,358

2,515

1,134

1,563

New Listings

1,701

990

6,855

6,319

3,038

1,291

2,126

Contracts Signed

581

420

2,790

2,429

998

329

723

Listing Inventory

1,516

1,017

6,730

6,446

3,307

1,484

2,178

Average Price per SF

$1,242

$1,117

$1,322

$1,603

$2,013

$2,590

$1,661

Listings with Price Drops

962

626

3,857

3,481

1,628

615

1,223

All Manhattan

Single Family

Multi Family

Average Listed Price

$2,433,373

$12,706,060

$6,394,998

Median Listed Price

$1,295,000

$9,500,000

$4,750,000

Sold Properties

8,253

Taken Off Market

13,654

197

167

New Listings

20,274

241

211

Contracts Signed

7,575

Listing Inventory

20,571

285

233

Average Price per SF

$1,649

$1,989

$1,290

Listings with Price Drops

11,216

150

137

"OLR Market Pulse", "Sales | Manhattan | 2020" "","Studio","Alcove","1 Bedroom","2 Bedrooms","3 Bedrooms","4+ Bedrooms","Loft**", "Average Listed Price","$516,262","$583,824","$974,093","$2,067,895","$4,401,994","$9,550,645","$3,327,273", "Median Listed Price","$460,000","$549,000","$830,000","$1,700,000","$3,295,000","$6,500,000","$2,295,000", "Sold Properties","592","439","2,912","2,492","1,077","356","734", "Taken Off Market","1,003","509","4,085","4,358","2,515","1,134","1,563", "New Listings","1,701","990","6,855","6,319","3,038","1,291","2,126", "Contracts Signed","581","420","2,790","2,429","998","329","723", "Listing Inventory","1,516","1,017","6,730","6,446","3,307","1,484","2,178", "Average Price per SF","$1,242","$1,117","$1,322","$1,603","$2,013","$2,590","$1,661", "Listings with Price Drops","962","626","3,857","3,481","1,628","615","1,223", , "","All Manhattan","Single Family","Multi Family", "Average Listed Price","$2,433,373","$12,706,060","$6,394,998", "Median Listed Price","$1,295,000","$9,500,000","$4,750,000", "Sold Properties","8,253","73","66", "Taken Off Market","13,654","197","167", "New Listings","20,274","241","211", "Contracts Signed","7,575","75","61", "Listing Inventory","20,571","285","233", "Average Price per SF","$1,649","$1,989","$1,290", "Listings with Price Drops","11,216","150","137",

Mitchell Hall

exp Realty NYC [NYC]

M: 917-312-0924 | mh@mitchellhall.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.