New Inventory Neighborhood Chart
A: You didn't think I would go out like that did you? Cmon, now. Sorry to disappoint you Barney but I'll wait a bit longer before "...getting out and doing something with my life". This is way more fun. Due to popular demand, well at least for one UD reader who requested this, here is the New Inventory Data in the past 7 days broken down by neighborhood. As before, it is not surprising that UES & UWS show the most new listings hitting the market as the geographic range for these neighborhoods are significantly larger than most other neighborhoods in Manhattan.
For comparison, here is the LAST NEIGHBORHOOD NEW INVENTORY CHART that I did back on January 22nd, 2007.
Here is the data from 03/26/2007 - 04/02/2007 showing new listings coming to market in each of the mentioned neighborhoods.
Not the most useful of posts but one that obviously seemed to be of interest as the last chart got mentioned on Curbed, the mother of all real estate blogs, and resulted in a few readers emailing me to do another new inventory chart based on neighborhood.
Of note is the pickup in Greenwich Village where the past week saw 27 new listings hit the market as opposed to only 10 the last time I did this data check. A nice 270% increase. Both UES & UWS not surprisingly lead the pack again with the most new property's coming to market since late March.
Posted by dave
Mon Apr 2nd, 2007 10:16 AM
phew...must have checked 10 times this morning for a new post. Thanks for the scare,
Posted by jan
Mon Apr 2nd, 2007 10:46 AM
PHEW! Although part of me was glad I signed papers on my co-op before the blog shut down. :)
Posted by buyer
Mon Apr 2nd, 2007 11:39 AM
Im glad to hear that was just a joke Noah. Your site really is a fresh of breath air and its obvious that you know your stuff!
As a buyer, I used your site to understand how to fine tune property's to buy that will help get me the most resale dollars. As someone who likes to learn, you explain fundamentals and what is going on with the economy in a way for anyone to grasp. I always wondered how macro forces affect interest rates and you explained it very well.
In a few words, your site is real and educational.
Keep it up.