MANHATTAN MARKET AT A GLANCE:
 
  CONDO MARKET
  • Signed contracts down 5% to 387 from 407 last month and down 8% year-over-year from 420 in April last year
  • Inventory up 11% year-over-year to 4138 units from 3732 units in April last year and up 11% from 3712 last month 
  • Average price per square foot up 22% year-over-year to $2246 from $1844 in April 2017 and up 17% from $1917 last month 
  • Average sale price up 48%* to $3,544,523 from $2,398,322 in April 2017 and up 36%* from $2,615,426 last month
    *these substantial increases are attributed to the fact that 43% of April 2018 sales were over $2M (including five sales over $14M)
  • Days on market down year-over-year to 124 days this month vs 137 days in April 2017 and down from 137 days last month
  CO-OP MARKET
  • Signed contracts down 7% to 607 from 656 last month and down 2% year-over-year from 619 in April last year
  • Inventory up 31% year-over-year to 3613 units from 2755 units in April 2017 and up 16% from 3108 units last month
  • Average sale price down 2% to $1,271,858 from $1,295,317 in April 2017 and up 1% from $1,255,942 last month
  • Days on market up year-over-year to 108 days this month vs 87 days in April 2017 and up from 98 days last month
BROOKLYN MARKET AT A GLANCE:
  • Combined coop and condo market showed signed contracts down 17% to 317 from 383 last month and down 9% year-over-year from 350 in April 2017
  • New Listed Apartment Inventory up 7% year-over-year to 709 from 622 in April last year and down 17% from 815 apartments last month 
  • Average price per square foot up 7% year-over-year to $934 from $871 in April 2017 and up 4% from $894 last month
  • Days on market down year-over-year to 65 days this month vs 67 days April 2017 and down from 87 days last month
Statistics vary from neighborhood to neighborhood.  For specific market information regarding a particular neighborhood, please contact me.
 
Thinking of buying, selling or investing?  
Check out Brokerage & Beyond to see what we can do for you.
Please contact me for all of your real estate needs.
 
All my best,
Joy
Multi-Million Dollar Club 2017
monthly market snapshots
MANHATTAN MARKET AT A GLANCE:
 
  CONDO MARKET
  • Signed contracts down 5% to 387 from 407 last month and down 8% year-over-year from 420 in April last year
  • Inventory up 11% year-over-year to 4138 units from 3732 units in April last year and up 11% from 3712 last month 
  • Average price per square foot up 22% year-over-year to $2246 from $1844 in April 2017 and up 17% from $1917 last month 
  • Average sale price up 48%* to $3,544,523 from $2,398,322 in April 2017 and up 36%* from $2,615,426 last month
    *these substantial increases are attributed to the fact that 43% of April 2018 sales were over $2M (including five sales over $14M)
  • Days on market down year-over-year to 124 days this month vs 137 days in April 2017 and down from 137 days last month
  CO-OP MARKET
  • Signed contracts down 7% to 607 from 656 last month and down 2% year-over-year from 619 in April last year
  • Inventory up 31% year-over-year to 3613 units from 2755 units in April 2017 and up 16% from 3108 units last month
  • Average sale price down 2% to $1,271,858 from $1,295,317 in April 2017 and up 1% from $1,255,942 last month
  • Days on market up year-over-year to 108 days this month vs 87 days in April 2017 and up from 98 days last month
BROOKLYN MARKET AT A GLANCE:
  • Combined coop and condo market showed signed contracts down 17% to 317 from 383 last month and down 9% year-over-year from 350 in April 2017
  • New Listed Apartment Inventory up 7% year-over-year to 709 from 622 in April last year and down 17% from 815 apartments last month 
  • Average price per square foot up 7% year-over-year to $934 from $871 in April 2017 and up 4% from $894 last month
  • Days on market down year-over-year to 65 days this month vs 67 days April 2017 and down from 87 days last month
Statistics vary from neighborhood to neighborhood.  For specific market information regarding a particular neighborhood, please contact me.
 
Thinking of buying, selling or investing?  
Check out Brokerage & Beyond to see what we can do for you.
Please contact me for all of your real estate needs.
 
All my best,
Joy
Multi-Million Dollar Club 2017
JOY A. WEINER
JOY A. WEINER
Licensed Associate Real Estate Broker
212.875.2850 (O)  |  917.716.4747 (M)
Joy.Weiner@corcoran.com
Multi-Million Dollar Club 2017
Bio & Listings
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Real estate agents affiliated with The Corcoran Group are independent contractor sales associates and are not employees of The Corcoran Group. The Corcoran Group is a licensed real estate broker located at 660 Madison Avenue, New York, NY 10065. All material herein is intended for information purposes only and has been compiled from sources deemed reliable. Though information is believed to be correct, it is presented subject to errors, omissions, changes or withdrawal without notice. This is not intended to solicit property already listed. Equal Housing Opportunity. All dimensions provided are approximate. To obtain exact dimensions, Corcoran advises you to hire a qualified architect or engineer. ©2018 The Corcoran Group. All Rights Reserved.