Manhattan Monthly Market Snapshot - August 2011

This report is a snapshot of August 2011 based on Corcoran Group's signed contract data with the exception of "Number of Contracts Signed" and inventory figures. Number of reported signed contracts in Manhattan by all firms. 

Hopefully you will find the following information helpful but remember that in today’s market, statistics only can tell so much. Dynamics can shift from block to block and from one price to another.

As always, I will continue to follow closely Manhattan marketwide and neighbiohood sales activity and trends in residential real estate during the next few months, and welcome the opportunity to answer any questions you may have about this report or the market in general or to assist you selling or purchasing Manhattan real estate.

courtesy of:

Mitchell Hall, Associate Broker, The Corcoran Group

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