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Overall Manhattan Market Update | April 2021 MARKET PULSE MONTHLY CONTRACT ACTIVITY

SUPPLY

DAYS ON MARKET

SUPPLY <> DEMAND RATIO

1,492

6,120

111

0.6

Contracts Signed in March

Listings on Market

Median Days on Market

Ratio

11.0%

17.6%

From Prior Month

From Prior Month

36.5% From Prior Month

NO CHANGE From Prior Month

PRICING MEDIAN SALES PRICE

PRICE/SQUARE FOOT

SALES OVER ASKING PRICE

MEDIAN LISTING DISCOUNT

$1,075,000

$1,145

4.6%

8.3%

March Median Sales Price

March Median Price Per Sq. Ft.

Sold Above Ask in 1st Quarter

March Median Discount

2.0%

1.4%

-36.6%

7.8%

From Prior Month

From Prior Month

From Prior Year

From Prior Month

MEDIAN SALES PRICE STUDIO

1-BEDROOM

2-BEDROOM

3-BEDROOM+

$642,750 | $435,000

$931,250 | $679,500

$1,847,500 | $1,210,750

$3,397,500 | $2,045,000

CONDO

CO-OP

CONDO

ELEGRAN REAL ESTATE 5 Bryant Park, 17th Fl. | 212-729-5712 | elegran.com | @elegranrealestate Data courtesy of ACRIS, MillerSamuel, PropertyShark, and UrbanDigs. Data reflective of Manhattan condo and co-op resale market. Current as of April 2021

CO-OP

CONDO

CO-OP

CONDO

CO-OP

All materials presented here are intended for information purposes only. While this information is believed to be correct, it is represented subject to errors, omissions, changes or withdrawal without notice. If your property is currently listed with another real estate broker, please disregard this offer. It is not our intention to solicit the offerings of other real estate brokers. We cooperate with them fully. Equal Housing Opportunity.

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Overall Manhattan Market Update  

Overall Manhattan Market Update  

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