First Quarter 2015 Manhattan Market Report

Real Estate Agent with Compass

I am delighted to share with you our newly-redesigned Q1 Manhattan Report.  Inside you will find a detailed analysis of residential real estate sales that closed in Manhattan in Q1 2015 (January 1stthrough March 31st).


Key Findings of the First Quarter Report:


·         Robust sales. The pace of sales continues to be brisk. More properties closed in the First Quarter this year than in the prior quarter or in the same quarter one year ago.

·         Higher prices. Significant price appreciation, especially in the condominium market, drove most price metrics higher year-over-year. The average price per square foot in Manhattan is now $1602.

·         Skewed inventory. There is very short supply in the co-op market and in small-scale units. 95% of all home purchases in Manhattan take place below $5M, but nearly 20% of all actively listed properties exceed that price.


West Side Manhattan


East Side manhattan


Downtown Manhattan


Midtown Manhattan

 Upper Manhattan


New Developments Luxury Market Manhattan

Please do not hesitate to reach out if you have any questions about The First Quarter Manhattan Market Report or the Manhattan market in general. I welcome the opportunity to be of assistance to you.


Posted by

©Mitchell Hall 2006-2019

All content/images, unless noted, are the property of Mitchell Hall & may not be used without permission. 

nyc BLOG estate

          Call Mitchell Hall @ 917-312-0924

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Real Estate Market Trends
New York New York County Manhattan
I Love NY
Posts to Localism
Local Expert
Condo Specialists
Market Reports
market report
real estate
first quarter 2015

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Paul S. Henderson, REALTOR®, CRS
RE/MAX Northwest. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

Thanks for sharing the facts about the Manhattan NYC marketplace Mitchell J Hall. Our markets are so much different. Amazing!

Apr 02, 2015 04:57 AM #1
Captain Wayne - Rowlett Real Estate School
REcampus Fully Accredited Florida ONLINE & Classroom Training in Destin, Pensacola Florida - Panama City Beach, FL
Rowlett Real Estate School / Owner and Instructor

Thanks for the Market report of what’s happening in your area. I appreciate how these reports help me stay on top of other markets. 

May 06, 2015 11:34 AM #2
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?


Mitchell J Hall

Lic Associate RE Broker - Manhattan & Brooklyn
How Can I Help You ?
Spam prevention