Condo market


THE MANHATTAN CONDOMINIUM MARKET SAW A 6.5 PERCENT increase in median apartment price year-over-year, despite a significant jump in inventory available. At the end of the fourth quarter of 2018 to the end of the fourth quarter of 2019, listing inventory jumped 9.8 percent. Concurrently, the number of sales remained relatively stagnant, decreasing .1 percent year- over-year.

Median Sales Price

.6%

Year-over-Year Percent Increase


Number of sales

-0.1%

Year-over-Year Percent Decrease


Listings inventory, by number of units

9.8%

Year-over-Year Percent Increase



Loading...