All Manhattan Resale Market Snapshot

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The data contained in the Existing Resale category includes buildings older than 5 years.

Overview

Supply

Listings On Market As Of Yesterday
6,687

Pending Sales

Listings In Contract As Of Yesterday
2,729

Market Pulse

Pending-To-Active Ratio As Of Yesterday
0.41

Liquidity Pace Chart

Liquidity Of The Market As Of Yesterday
873

Days On Market

Median Days On Market As Of Yesterday
82

Optimal Time To List

Most Active Month For Buyers
Premium
March

Monthly New Supply

New Listings In May
1,579

Monthly Contract Activity

Contracts Signed In May
909

Price / Square Foot

May Median Price Per Sft
$1,294

Median Sale Price

May Median Sale Price
$1.06M

Median Listing Discount

May Median Discount
6.3 %

Discount To Dom

Median Discount Under 30 Days In Q1
-0.9 %

Net Inventory Trends

Net gain of supply in May
155

Off Market

Off-Market Listings As Of May 31
3,568

Monthly Closed Sales

May Sales Volume
784

Monthly Absorption Rate

Absorption Rate As Of May
6.9

Sales Over Asking Price

Sold Above Ask In Q1
7.9 %