Kips Bay Market Snapshot

Overview

Supply

100 Listings On Market As Of Yesterday

Pending Sales

40 Listings In Contract As Of Yesterday

Market Pulse

0.4 Pending-To-Active Ratio As Of Yesterday

Days On Market

89 Median Days On Market As Of Yesterday

Price / Square Foot

1,064 August Median Price Per Sft

Median Sale Price

671,650 August Median Sale Price

Monthly New Supply

32 New Listings In October

Monthly Contract Activity

18 Contracts Signed In October

Re-Supply Pace

14 New Supply Vs Contracts Signed In October

Monthly Closed Sales

20 August Sales Volume

Median Listing Discount

4 % August Median Discount

Monthly Absorption Rate

5.2 Absorption Rate As Of August

Off Market

32 Off-Market Listings As Of Nov 03

Sales Over Asking Price

7 % Sold Above Ask In Q3

Discount To Dom

-1.5 % Median Discount Under 30 Days In Q3