manhattan monthly market report: Manhattan Monthly Market Report | May 2017
- 06/17/17 06:22 AM
Manhattan Monthly Market Report Marketwide SnapshotMay was an improved month for condo and co-op sales in Manhattan, as contracts signed of both reached their second highest point in the last year. Inventory remained virtually unchanged versus last year, with just a 1% rise overall.
Inventory grew in the condo market, but fell for co-ops. Every price metric for both condos and co-ops saw annual increases with some significant gains. Listings spent more time on the market for both the condos and co-ops, as days on market rose by 10% and 28%, respectively. Negotiability was still present market wide as the … (2 comments)
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Manhattan Monthly Market Report Marketwide SnapshotMay was an improved month for condo and co-op sales in Manhattan, as contracts signed of both reached their second highest point in the last year. Inventory remained virtually unchanged versus last year, with just a 1% rise overall.
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