Manhattan Real Estate | < 1 minute read
Manhattan Absorption Rate in Q1 2010
BY PropertyShark Staff | Apr 20, 2010
We looked at single-family homes, condo and coop units that sold in Manhattan during Q1 2010 and compared them with the current for sale inventory. From the chart it can be seen that the highest absorption rate is on the Upper West Side (48%), followed by Chelsea & Flatiron (34%) and by the Upper East Side (31%). Harlem, with 13%, has the lowest rate.
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