Manhattan has just ended “one of the strongest summer selling seasons in the last five years” states the Corcoran real estate market report for Q3.
The total number of Manhattan condo and co-op sales was up by 3% compared with 2014. There were 4,082 units sold at a median price of $999K, a 10-year-high price and a 5% increase over the previous quarter.
The inventory, however, went down by 13% in Q3 compared to Q2, with 4,832 units available.
Check out our Manhattan sales map developed for Corcoran to see the areas with the most intense co-op and condo sales activity:
The size of the circles visible on the map indicates the number of sales closed in each building. For more details about the units sold, click on a property of interest and a mini-report will be be displayed. It will provide you with important property information, including sale price and price per square foot, number of units sold in the building, as well as lot and unit size.