Manhattan Monthly Market Snapshot
September 2022
Cooperatives
Average List Price
$1,190,891
-2.49% Change
From Prior Month
2.38% Change
From Prior Year
Total Inventory (Supply)
4,444
-6.26% Change
From Prior Month
-5.53% Change
From Prior Year
Average Price Per Sq. Ft.
$1,090
-0.18% Change
From Prior Month
6.86% Change
From Prior Year
Contracts Signed
405
-1.46% Change
From Prior Month
-27.68% Change
From Prior Year
Properties Sold
642
6.29% Change
From Prior Month
-14.63% Change
From Prior Year
New Listings
380
-22.13% Change
From Prior Month
-9.95% Change
From Prior Year
Condominiums
Average List Price
$3,041,797
2.82% Change
From Prior Month
12.34% Change
From Prior Year
Total Inventory (Supply)
4,478
-5.37% Change
From Prior Month
-4.72% Change
From Prior Year
Average Price Per Sq. Ft.
$1,965
0.98% Change
From Prior Month
7.08% Change
From Prior Year
Contracts Signed
346
6.46% Change
From Prior Month
-30.66% Change
From Prior Year
Properties Sold
501
5.47% Change
From Prior Month
-8.24% Change
From Prior Year
New Listings
346
-32.16% Change
From Prior Month
-25.75% Change
From Prior Year
Rentals
Average Monthly Rent
$5,859
2.07% Change
From Prior Month
43.85% Change
From Prior Year
Average Rent Per Sq. Ft.
$81
-1.22% Change
From Prior Month
22.73% Change
From Prior Year
Rental Inventory
10,222
10.50% Change
From Prior Month
-17.04% 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
“Beau was the listing agent for my coop in New York City. Prior to listing, Beau performed significant market analysis in order to provide recommendations for how I could both maximize the sale price and obtain an offer in the quickest time possible. Based on Beau's smart and insightful recommendations, I was able to sell my apartment at an excellent price within a very short period of time. Throughout the entire process from listing to closing, Beau demonstrated outstanding knowledge of the New York City real estate market and expertly handled some unexpected issues that arose during the selling process. I would highly recommend Beau as representation for buying or selling real estate in New York City."
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-John Reid






