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Manhattan Monthly Market Snapshot

 

November 2023

Cooperatives

Average List Price

$1,361,160

2.03% Change
From Prior Month

5.84% Change
From Prior Year 

Total Inventory  (Supply)

4,732

6.07% Change
From Prior Month

-4.87% Change
From Prior Year 

Average Price Per Sq. Ft.

$1,119

-0.18% Change
From Prior Month

2.85% Change
From Prior Year 

Contracts Signed

426

37.86% Change
From Prior Month

0.24% Change
From Prior Year 

Properties Sold

410

3.80% Change
From Prior Month

-18.97% Change
From Prior Year 

New Listings

649

-32.11% Change
From Prior Month

1.72% Change
From Prior Year 

Condominiums

Average List Price

$3,056,045

0.80% Change
From Prior Month

-2.52% Change
From Prior Year 

Total Inventory  (Supply)

4,276

-0.65% Change
From Prior Month

-6.74% Change
From Prior Year 

Average Price Per Sq. Ft.

$1,910

-0.42% Change
From Prior Month

-3.39% Change
From Prior Year 

Contracts Signed

265

22.69% Change
From Prior Month

5.58% Change
From Prior Year 

Properties Sold

217

-23.86% Change
From Prior Month

-41.51% Change
From Prior Year 

New Listings

505

-30.73% Change
From Prior Month

-3.26% Change
From Prior Year 

Rentals

Average Monthly Rent

$5,554

-2.89% Change
From Prior Month

-0.95% Change
From Prior Year 

Average Rent Per Sq. Ft.

$79

-2.47% Change
From Prior Month

1.28% Change
From Prior Year 

Rental Inventory

11,053

-7.16% Change
From Prior Month

16.96% Change
From Prior Year 

All material herein is intended for information purposes only and has been compiled from sources deemed reliable. Though information is believed to be correct, it is presented subject to errors, omissions, changes or withdrawal without notice. 

NEW TESTIMONIAL

“I consider myself incredibly fortunate to have had the opportunity to work with Beau, who came highly recommended by a friend in the mortgage industry. My experience with him as a real estate agent was truly exceptional, exceeding all expectations...He skillfully managed every aspect of the process, from staging to coordinating showings to liaising with the building's management company. His profound knowledge of the area and his adept understanding of the market, especially in the face of high-interest rates, proved invaluable.

 

It's important to note that there were two apartments in my building that had languished on the market for over a year with no success. In stark contrast, Beau attracted offers within just a few weeks, and the momentum never waned. He even went the extra mile by assisting the buyer's agent with the board package to ensure it was handled correctly.

 

As the closing date approached, Beau meticulously ensured that everything was in perfect order for the final walkthrough, despite my inability to be there in person due to my health. His constant communication provided me with regular updates on the progress of the transaction, which was both reassuring and greatly appreciated.

 

With 18 years of experience in the mortgage industry, I've heard my fair share of horror stories about real estate agents. However, my experience with Beau couldn't have been further from that. If you find yourself looking to sell your home in a challenging market with fierce competition, consider yourself fortunate to have Beau Nova by your side. I've already referred him to a friend, and I wholeheartedly recommend him to any friend or family member in need of an outstanding realtor.

 

Beau is unquestionably at the pinnacle of his profession."

 

-Robert Altamore

LISTINGS

Exclusive Property

Exclusive Property

300 East 59th Street, Apartment - 703 Price: $709,000

In Contract

In Contract

771 West End Ave, Apartment - 11A Price: $2,100,000

In Contract

In Contract

415 East 52nd Street, Apartment - 2JC Price: $500,000

Sold

Sold

435 East 86th Street, Apartment - 2B Price: $670,000

Sold

Sold

130 West 80th Street, Apartment - 2F Price: $410,000

Rented

Rented

170 North 11th Street, Apartment 4B Monthly Rent: $7,500

Rented

Rented

320 West 90th Street, Apartment - LL Monthly Rent: $4,450

Rented

Rented

54 East 8th Street, Apartment - 6A Monthly Rental - $4,900

Rented

Rented

415 East 37th Street, Apartment 33A Monthly Rental - $7,600

We are committed to upholding the principles of all applicable fair housing laws.​

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Beau Nova / T 917.304.4779 / beaunova@wernewyork.com / 641 Lexington Ave, New York NY 10021

 

© 2025 by Beau Nova at R New York

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Equal Housing Opportunity. This website is not the official website of R New York or its affiliated companies, and neither R New York nor its affiliated companies in any way warrant the accuracy of any information contained herein. Any property or services offered for sale on this website shall not be considered an offer to sell such goods or services in any state other New York.

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