Manhattan Monthly Market Report | September 2014
The Manhattan market came back strong in September. Year-over-year prices rose in all measures, in some cases by very significant percentages.
For the first time since January, September saw year-over-year gains in contracts signed in both the condo and the co-op markets.
Average discount from asking price is up slightly for both condos and co-ops, but smaller than the discounts given a year ago. Days on market showed month-over-month increases, but this is likely a result of less buying activity through the month of August.