Market Pulse Report: Manhattan, Q3 2022

ManhattanMARKET PULSE REPORT

Prepared on October 2, 2022

SalesManhattan3rd Quarter of 2022

Average Listed Price

YOY3.73%

Q3 2022

$2.89M

Q3 2021

YOY$2.79M

Median Listed Price

YOY6.89%

Q3 2022

$1.45M

Q3 2021

YOY$1.35M

New Listings

YOY105

Q3 2022

4,727

Q3 2021

YOY4,832

Listing Inventory

YOY2,444

Q3 2022

10,408

Q3 2021

YOY7,964

Price Drops

YOY400

Q3 2022

2,360

Q3 2021

YOY1,960

Taken Off Market

YOY119

Q3 2022

3,076

Q3 2021

YOY3,195

Contracts Signed

YOY1,033

Q3 2022

2,081

Q3 2021

YOY3,114

Avg Days on Market

Listed to Contract Signed

YOY20

Q3 2022

124

Q3 2021

YOY144

Avg Listed Price PSF

YOY3.82%

Q3 2022

$1,806

Q3 2021

YOY$1,737

Average Sold Price

YOY3.86%

Q3 2022

$1.95M

Q3 2021

YOY$1.88M

Median Sold Price

YOY4.33%

Q3 2022

$1.15M

Q3 2021

YOY$1.1M

Sold Properties

YOY1,576

Q3 2022

3,569

Q3 2021

YOY5,145

Avg Sold Price PSF

YOY5.4%

Q3 2022

$1,573

Q3 2021

YOY$1,488

SalesManhattan3rd Quarter of 2022

Studio

Alcove

1 Bedroom

2 Bedrooms

3 Bedrooms

4+ Bedrooms

Loft**

Average Listed Price

$554,640

$632,958

$1,043,261

$2,227,135

$5,064,526

$11,165,096

$3,917,990

Median Listed Price

$489,000

$572,500

$895,000

$1,845,000

$3,850,000

$7,175,000

$2,500,000

Sold Properties

279

213

1,191

1,100

446

160

321

Taken Off Market

218

127

983

914

516

299

380

New Listings

352

244

1,584

1,473

750

313

437

Contracts Signed

192

137

786

616

266

196

Listing Inventory

670

500

3,383

3,163

1,767

884

1,073

Average Price per SF

$1,332

$1,202

$1,416

$1,705

$2,213

$2,834

$1,817

Listings with Price Drops

163

133

813

729

357

157

238

All Manhattan

Single Family

Multi Family

Average Listed Price

$2,894,770

$13,916,048

$7,506,853

Median Listed Price

$1,450,000

$11,350,000

$5,850,000

Sold Properties

3,569

Taken Off Market

3,076

New Listings

4,727

Contracts Signed

2,081

Listing Inventory

10,408

169

174

Average Price per SF

$1,806

$2,105

$1,438

Listings with Price Drops

2,360

"OLR Market Pulse", "Sales | Manhattan | 3rd Quarter of 2022" "","Studio","Alcove","1 Bedroom","2 Bedrooms","3 Bedrooms","4+ Bedrooms","Loft**", "Average Listed Price","$554,640","$632,958","$1,043,261","$2,227,135","$5,064,526","$11,165,096","$3,917,990", "Median Listed Price","$489,000","$572,500","$895,000","$1,845,000","$3,850,000","$7,175,000","$2,500,000", "Sold Properties","279","213","1,191","1,100","446","160","321", "Taken Off Market","218","127","983","914","516","299","380", "New Listings","352","244","1,584","1,473","750","313","437", "Contracts Signed","192","137","786","616","266","76","196", "Listing Inventory","670","500","3,383","3,163","1,767","884","1,073", "Average Price per SF","$1,332","$1,202","$1,416","$1,705","$2,213","$2,834","$1,817", "Listings with Price Drops","163","133","813","729","357","157","238", , "","All Manhattan","Single Family","Multi Family", "Average Listed Price","$2,894,770","$13,916,048","$7,506,853", "Median Listed Price","$1,450,000","$11,350,000","$5,850,000", "Sold Properties","3,569","28","24", "Taken Off Market","3,076","38","55", "New Listings","4,727","46","55", "Contracts Signed","2,081","16","12", "Listing Inventory","10,408","169","174", "Average Price per SF","$1,806","$2,105","$1,438", "Listings with Price Drops","2,360","42","43",

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.