End of Year Manhattan Residential Data | 2016

Manhattan 2016 Year End Residential Data

All Apartments:

6,152 apartments are currently on the market in Manhattan. 

• The average asking price is: $3,764,070. 
• The median price is: $1,877, 500. 
• The average price per square foot is: $2,347.
• The average days on market is 169
• 12,178 apartments (condo and coops) sold in 2016

 All Townhouses:

336 Townhouses are currently on the market in Manhattan

• The average asking price is $12,420,579
• The median price is: $8,997,000
• The average price per square foot is$2,139.
• The average days on market is: 221
• 262 Townhouses sold in 2016

Each Manhattan market segment, neighborhood and building has it's own nuances. If you're thinking about buying or selling a home, or would like to discuss the market please contact me.