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Manhattan Monthly Market Snapshot
February 2023
Cooperatives
Average List Price
$1,344,621
1.63% Change
From Prior Month
7.83% Change
From Prior Year
Total Inventory (Supply)
3,940
-5.15% Change
From Prior Month
-1.97% Change
From Prior Year
Average Price Per Sq. Ft.
$1,129
1.71% Change
From Prior Month
6.81% Change
From Prior Year
Contracts Signed
304
-15.56% Change
From Prior Month
-36.27% Change
From Prior Year
Properties Sold
407
-15.73% Change
From Prior Month
-11.33% Change
From Prior Year
New Listings
453
169.64% Change
From Prior Month
-18.53% Change
From Prior Year
Condominiums
Average List Price
$3,296,121
0.45% Change
From Prior Month
8.28% Change
From Prior Year
Total Inventory (Supply)
4,010
0.91% Change
From Prior Month
0.88% Change
From Prior Year
Average Price Per Sq. Ft.
$2,012
0.30% Change
From Prior Month
2.34% Change
From Prior Year
Contracts Signed
220
4.76% Change
From Prior Month
-36.60% Change
From Prior Year
Properties Sold
335
-13.66% Change
From Prior Month
-24.89% Change
From Prior Year
New Listings
456
151.93% Change
From Prior Month
-20.97% Change
From Prior Year
Rentals
Average Monthly Rent
$5,317
0.64% Change
From Prior Month
17.17% Change
From Prior Year
Average Rent Per Sq. Ft.
$77
1.32% Change
From Prior Month
10.00% Change
From Prior Year
Rental Inventory
9,656
6.13% Change
From Prior Month
21.64% 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
"We first contacted Beau several years ago when we were thinking about selling our co-op. He was very informative about the entire process and continued to stay in touch with us for years, sending his data driven market updates frequently. When we were ready to sell, he advised us about pricing, staging and preparing for sale. He handled the pre-sale details, including excellent photography, with skill and professionalism. We had an interested buyer almost immediately after listing and he managed the sale process thoroughly, with full awareness of our needs as well as those of the buyer and the requirements of the co-op. Beau has a winning personality and is a highly ethical, knowledgeable and motivated professional. He is a total pleasure to work with and we feel very fortunate to know him."
-Julie and Brian Bruman
LISTINGS
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