“Numbers to know” is a weekly web feature that catalogues the most notable, quirky and surprising real estate statistics. Townhouse prices keep on climbing, the Upper East Side is a lot more likeable and Manhattan’s absorption rate falls — again.
18 million
Number of visitors last year to Long Island’s beaches and parks, which are all scheduled to open by Memorial Day despite Hurricane Sandy damage [Governor Andrew Cuomo’s Office]
$1.05 million
Average sales price of a Manhattan co-op in the first quarter; the average price of a Manhattan condo was $1.82 million [Douglas Elliman]
4,597
Number of new listings in the first quarter, down 4 percent year-over-year [Urban Digs]
2,212
Number of apartments that had price cuts in the first quarter, a 41.3 percent year-over-year decrease [StreetEasy]
$1,345
Average price per square foot of a Manhattan townhouse in the first quarter, a 28.64 percent year-over-year increase [Town Residential]
751
Number of apartments sold on the Upper East Side in the first quarter — the highest number of any neighborhood [REBNY]
96
Percentage of Americans polled in a national survey who consider home ownership important to them [Prudential Real Estate]
6.1
Percentage of vacant space in Manhattan office buildings during the first quarter [Colliers International]
4.2
Percentage increase in G train riders from 2011 to 2012 — more growth than any other subway line [State Sen. Daniel Squadron’s Office]
3.9
Months it would take to sell all the apartments in Manhattan listed for under $500,000. The number a year ago: 7.7 months [Matrix]