All Manhattan Market Snapshot

Overview

Optimal Time To List

Most Active Month For Buyers
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March

Monthly Price Cuts

Number Of Price Cuts In Apr
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1,204

Listing Success

Listings With Buyer In Mar
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15%

Climate Index

Contracts Signed To Off Mkt Ratio In Apr
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2.18

Pricing Penalty

Median Discount >120 Days In March
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9%

Supply

Listings On Market As Of Yesterday
7,379

Liquidity Pace Chart

Liquidity Of The Market As Of Yesterday
1,040

Market Pulse

Market Is Below Seasonal Averages
-1.3

Price Per Square Foot

April Median Price Per Sft
$1,422

Days On Market

Median Days On Market As Of Yesterday
73

Monthly New Supply

New Listings In April
2,053

Monthly Contract Activity

Contracts Signed In April
1,087

Pending Sales

Listings In Contract As Of Yesterday
3,330

Median Sale Price

April Median Sale Price
$1.2M

Median Listing Discount

April Median Discount
4.8%

Discount To Dom

Median Discount Under 30 Days In Q1
0%

Net Inventory Trends

Net gain of supply in April
432

Off Market

Off-Market Listings As Of May 11
3,291

Monthly Closed Sales

April Sales Volume
987

Months Of Inventory

Absorption Rate As Of April
6.8

Sales Over Asking Price

Sold Above Ask In February
11.3%