Kips Bay Condo Market Snapshot

Overview

Supply

53 Listings On Market As Of Yesterday

Pending Sales

33 Listings In Contract As Of Yesterday

Market Pulse

0.62 Pending-To-Active Ratio As Of Yesterday

Days On Market

43 Median Days On Market As Of Yesterday

Price / Square Foot

$ 1,586 October Median Price Per Sft

Median Sale Price

$ 1,675,250 October Median Sale Price

Monthly New Supply

8 New Listings In October

Monthly Contract Activity

1 Contracts Signed In October

Re-Supply Pace

7 New Supply Vs Contracts Signed In October

Monthly Closed Sales

7 October Sales Volume

Median Listing Discount

5.3 % October Median Discount

Monthly Absorption Rate

4.2 Absorption Rate As Of October

Off Market

40 Off-Market Listings As Of Nov 19

Sales Over Asking Price

12.9 % Sold Above Ask In Q3

Discount To Dom

-3.3 % Median Discount Under 30 Days In Q3