Market Pulse Report: Manhattan, Q1 2022

ManhattanMARKET PULSE REPORT

Prepared on September 21, 2022

SalesManhattan1st Quarter of 2022

Average Listed Price

YOY7.24%

Q1 2022

$2.83M

Q1 2021

YOY$2.63M

Median Listed Price

YOY6.81%

Q1 2022

$1.4M

Q1 2021

YOY$1.3M

New Listings

YOY230

Q1 2022

5,178

Q1 2021

YOY4,948

Listing Inventory

YOY1,706

Q1 2022

10,086

Q1 2021

YOY11,792

Price Drops

YOY706

Q1 2022

1,591

Q1 2021

YOY2,297

Taken Off Market

YOY1,077

Q1 2022

2,624

Q1 2021

YOY3,701

Contracts Signed

YOY201

Q1 2022

2,883

Q1 2021

YOY3,084

Avg Days on Market

Listed to Contract Signed

YOY46

Q1 2022

148

Q1 2021

YOY194

Avg Listed Price PSF

YOY6.12%

Q1 2022

$1,797

Q1 2021

YOY$1,687

Average Sold Price

YOY17.95%

Q1 2022

$1.99M

Q1 2021

YOY$1.63M

Median Sold Price

YOY11.02%

Q1 2022

$1.18M

Q1 2021

YOY$1.05M

Sold Properties

YOY1,056

Q1 2022

4,036

Q1 2021

YOY2,980

Avg Sold Price PSF

YOY13.04%

Q1 2022

$1,565

Q1 2021

YOY$1,361

SalesManhattan1st Quarter of 2022

Studio

Alcove

1 Bedroom

2 Bedrooms

3 Bedrooms

4+ Bedrooms

Loft**

Average Listed Price

$546,720

$613,291

$1,058,785

$2,227,623

$4,975,158

$11,196,282

$3,700,599

Median Listed Price

$475,000

$571,500

$850,000

$1,795,000

$3,750,000

$7,025,000

$2,550,000

Sold Properties

326

216

1,409

1,169

568

202

388

Taken Off Market

208

137

823

751

464

231

253

New Listings

392

267

1,773

1,636

769

311

504

Contracts Signed

218

177

979

884

450

161

283

Listing Inventory

718

538

3,229

3,048

1,686

820

1,003

Average Price per SF

$1,365

$1,169

$1,408

$1,733

$2,170

$2,889

$1,749

Listings with Price Drops

135

512

473

257

125

154

All Manhattan

Single Family

Multi Family

Average Listed Price

$2,829,859

$14,687,241

$7,513,136

Median Listed Price

$1,395,000

$11,995,000

$6,472,500

Sold Properties

4,036

Taken Off Market

2,624

New Listings

5,178

Contracts Signed

2,883

Listing Inventory

10,086

166

150

Average Price per SF

$1,797

$2,123

$1,421

Listings with Price Drops

1,591

"OLR Market Pulse", "Sales | Manhattan | 1st Quarter of 2022" "","Studio","Alcove","1 Bedroom","2 Bedrooms","3 Bedrooms","4+ Bedrooms","Loft**", "Average Listed Price","$546,720","$613,291","$1,058,785","$2,227,623","$4,975,158","$11,196,282","$3,700,599", "Median Listed Price","$475,000","$571,500","$850,000","$1,795,000","$3,750,000","$7,025,000","$2,550,000", "Sold Properties","326","216","1,409","1,169","568","202","388", "Taken Off Market","208","137","823","751","464","231","253", "New Listings","392","267","1,773","1,636","769","311","504", "Contracts Signed","218","177","979","884","450","161","283", "Listing Inventory","718","538","3,229","3,048","1,686","820","1,003", "Average Price per SF","$1,365","$1,169","$1,408","$1,733","$2,170","$2,889","$1,749", "Listings with Price Drops","135","75","512","473","257","125","154", , "","All Manhattan","Single Family","Multi Family", "Average Listed Price","$2,829,859","$14,687,241","$7,513,136", "Median Listed Price","$1,395,000","$11,995,000","$6,472,500", "Sold Properties","4,036","35","28", "Taken Off Market","2,624","38","31", "New Listings","5,178","53","59", "Contracts Signed","2,883","15","22", "Listing Inventory","10,086","166","150", "Average Price per SF","$1,797","$2,123","$1,421", "Listings with Price Drops","1,591","15","22",

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.