The Real Deal New York

The week in real estate market reports

A weekly feature bringing you the industry’s latest intel

October 07, 2015 02:55PM
By Kyna Doles

Market Reports

(credit: Halstead Property Development Marketing and Douglas Elliman)

The latest batch of reports found that average Financial District rents topped $4,000 for the first time, Williamsburg home sales soared 269 percent over the last decade and Manhattan’s average price per square foot was down in Q3.


Q3 2015 Manhattan and Brooklyn new developments: Halstead Property Development Marketing 

The number of new luxury development units priced $5 million and above in Manhattan is declining. Read the full report here.

Q3 2015 Manhattan sales: Douglas Elliman

More than half of all residential properties across Manhattan traded at or above asking price during Q3. Read the full report here.

Q3 2015 Financial District residential rentals and sales: Platinum Properties

Rents in the Financial District exceeded $4,000 for the first time, and grew six percent from the second quarter. Read the full report here.

First half of 2015 Manhattan condo sales: Corcoran Sunshine Marketing Group

The average price per square foot for new condos was down during the first half of the year from $2,303 in 2014 to $2,250 in the first six months of 2015. Read the full story here.

Q3 2015 Manhattan sales: BOND New York

Pending sales are down just over 20 percent in Q3 compared to the previous quarter. Read the full report here.

Manhattan luxury contracts Sept. 21-27: Olshan Realty

The September holidays slowed buying in the Manhattan luxury residential market, and only 10 contracts were signed in the third week for apartments priced $4 million and above. Read the full report here.

10-year review of NYC home prices: PropertyShark

Williamsburg’s average price for condos, co-ops, single-family and two-family homes soared 269 percent over ten years from $275 per square foot in 2004 to $1,015 in 2014. Read the full story here.