Showing posts with label August 2013. Show all posts
Showing posts with label August 2013. Show all posts

Sep 11, 2013

Manhattan Monthly Market Snapshot | August 2013


August 2013 Manhattan Marketwide Report

Average price and average price per square foot increased for both condos and co-ops this August over last august, and inventory continues to decline for both property types. Despite the lack of inventory, contract activity increased year-over-year by 21% for condominiums and 11% for co-ops.

Strong demand is also evident in reduced buyer negotiability and a drop in average days on market. there were some slight month-over-month decreases in average price and average price per square foot due to several landmark sales in July, but year-over-year the condo and coop market remained very strong.


Web Analytics


This site and its feeds are owned and operated by Mitchell Hall, a NY State licensed real estate associate broker associated with The Corcoran Group and member of the Real Estate Board of New York.

Legal Disclaimer - The opinions expressed here are those of the authors and do not neccessarily reflect the opinions or policy of The Corcoran Group. This site is not the official website of The Corcoran Group or its affiliated companies, and neither The Corcoran Group nor its affiliated companies in any way warrant the accuracy of any information contained herein. Any product and/or services offered for sale on this website shall not be considered an offer to sell such goods and/or services in any state other than New York.

Legal Disclaimer - Information on this site is not intended as legal or financial advice. - All material herein is intended for information purposes only and has been complied from sources deemed reliable. Though information is believed to be correct, it is presented subject to errors, omissions, changes or withdrawal without notice. I operate a business that supports Fair Housing.“We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the nation. We encourage and support an affirmative advertising and marketing program which there are no barriers to obtain housing because of race, color, religion, sex, handicap, familiar status or national origin.”

Copyright 2006 -2013 nyc BLOG estate All Rights Reserved