Market Pulse Report: Manhattan, 2021

ManhattanMARKET PULSE REPORT

Prepared on September 21, 2022

SalesManhattan2021

Average Listed Price

YOY0.57%

2021

$2.45M

2020

YOY$2.43M

Median Listed Price

YOY0.44%

2021

$1.29M

2020

YOY$1.3M

New Listings

YOY152

2021

20,122

2020

YOY20,274

Listing Inventory

YOY3,463

2021

24,034

2020

YOY20,571

Price Drops

YOY2,331

2021

8,885

2020

YOY11,216

Taken Off Market

YOY629

2021

13,025

2020

YOY13,654

Contracts Signed

YOY6,199

2021

13,774

2020

YOY7,575

Avg Days on Market

Listed to Contract Signed

YOY29

2021

157

2020

YOY186

Avg Listed Price PSF

YOY1.08%

2021

$1,667

2020

YOY$1,649

Average Sold Price

YOY0.5%

2021

$1.88M

2020

YOY$1.89M

Median Sold Price

YOY5.92%

2021

$1.11M

2020

YOY$1.04M

Sold Properties

YOY8,781

2021

17,034

2020

YOY8,253

Avg Sold Price PSF

YOY0.81%

2021

$1,485

2020

YOY$1,473

SalesManhattan2021

Studio

Alcove

1 Bedroom

2 Bedrooms

3 Bedrooms

4+ Bedrooms

Loft**

Average Listed Price

$504,342

$578,912

$992,657

$2,079,728

$4,360,355

$10,028,916

$3,419,703

Median Listed Price

$449,000

$550,000

$836,111

$1,735,333

$3,300,000

$6,750,000

$2,395,000

Sold Properties

1,240

893

5,697

5,293

2,269

732

1,638

Taken Off Market

1,037

652

4,051

3,842

2,261

1,133

1,537

New Listings

1,778

1,007

6,647

6,105

3,153

1,349

2,050

Contracts Signed

1,044

787

4,754

4,342

2,046

745

1,357

Listing Inventory

1,888

1,349

7,839

7,277

3,847

1,723

2,552

Average Price per SF

$1,247

$1,118

$1,340

$1,635

$2,004

$2,643

$1,687

Listings with Price Drops

778

509

3,068

2,451

1,398

643

918

All Manhattan

Single Family

Multi Family

Average Listed Price

$2,447,233

$13,499,820

$6,800,921

Median Listed Price

$1,289,604

$10,000,000

$4,995,000

Sold Properties

17,034

146

111

Taken Off Market

13,025

168

128

New Listings

20,122

286

223

Contracts Signed

13,774

119

Listing Inventory

24,034

322

255

Average Price per SF

$1,667

$2,067

$1,355

Listings with Price Drops

8,885

134

120

"OLR Market Pulse", "Sales | Manhattan | 2021" "","Studio","Alcove","1 Bedroom","2 Bedrooms","3 Bedrooms","4+ Bedrooms","Loft**", "Average Listed Price","$504,342","$578,912","$992,657","$2,079,728","$4,360,355","$10,028,916","$3,419,703", "Median Listed Price","$449,000","$550,000","$836,111","$1,735,333","$3,300,000","$6,750,000","$2,395,000", "Sold Properties","1,240","893","5,697","5,293","2,269","732","1,638", "Taken Off Market","1,037","652","4,051","3,842","2,261","1,133","1,537", "New Listings","1,778","1,007","6,647","6,105","3,153","1,349","2,050", "Contracts Signed","1,044","787","4,754","4,342","2,046","745","1,357", "Listing Inventory","1,888","1,349","7,839","7,277","3,847","1,723","2,552", "Average Price per SF","$1,247","$1,118","$1,340","$1,635","$2,004","$2,643","$1,687", "Listings with Price Drops","778","509","3,068","2,451","1,398","643","918", , "","All Manhattan","Single Family","Multi Family", "Average Listed Price","$2,447,233","$13,499,820","$6,800,921", "Median Listed Price","$1,289,604","$10,000,000","$4,995,000", "Sold Properties","17,034","146","111", "Taken Off Market","13,025","168","128", "New Listings","20,122","286","223", "Contracts Signed","13,774","119","82", "Listing Inventory","24,034","322","255", "Average Price per SF","$1,667","$2,067","$1,355", "Listings with Price Drops","8,885","134","120",

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.