All Manhattan New Development Market Snapshot

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New Development charts include data of all buildings that have been built within the last 5 years.

Overview

Supply

Listings On Market As Of Yesterday
853

Pending Sales

Listings In Contract As Of Yesterday
558

Market Pulse

Pending-To-Active Ratio As Of Yesterday
0.65

Liquidity Pace Chart

Liquidity Of The Market As Of Yesterday
236

Optimal Time To List

Most Active Month For Buyers
Premium
March

Monthly New Supply

New Listings In May
175

Monthly Contract Activity

Contracts Signed In May
234

Price / Square Foot

May Median Price Per Sft
$2,145

Median Sale Price

May Median Sale Price
$2.22M

Net Inventory Trends

Net loss of supply in May
-122

Off Market

Off-Market Listings As Of May 31
407

Monthly Closed Sales

May Sales Volume
125

Monthly Absorption Rate

Absorption Rate As Of May
4.7