Manhattan January 2021 Market Update

623 557 833 Manhattan's January sales market saw a large year over year jump in contracts signed as well as a decrease in the number of new listings to hit the market. Current buyers can take advantage of the lower year over year median listed prices and average price per square foot, although month over month metrics in both areas were up. Month over Month $1,487 Dec 2020 SALES Year over Year Dec 2020 Month over Month Jan 2021 981 Jan 2021 10,576 Jan 2020 10,553 Year over Year Month over Month Dec 2020 CONTRACTS SIGNED 740 Dec 2020 average PRICE PER SF Month over Month MANHATTAN MARKET UPDATE 1,340 616 Copyright ©2021 Triplemint. Equal Housing Opportunity. All material presented herein is intended for informational purposes only. The sources are deemed to be reliable and the information is believed to be accurate, however the material is subject to errors, omissions, changes, or withdrawal without notice. All measurements and square footage are approximations. No statement is made as to the accuracy of any description. Figures in this report are based on publicly reported data from Automated City Register Information System (ACRIS) as well as proprietary data. Year over Year Year over Year Jan 2021 Jan 2020 699 $1,539 $1,314,074 $1,476,000 median listed price Year over Year Month over Month $1,654 Jan 2021 TOTAL INVENTORY $1,290,590 9,517 JAN 2021 Year over Year Dec 2020 Month over Month Jan 2020 Jan 2020 Jan 2020 Jan 2020 number of new listings Jan 2021 Dec 2020 Jan 2021 934