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Manhattan Market Report: 2nd Quarter 2015

Manhattan Market Report: 2nd Quarter 2015

The 2nd quarter of 2015 flew by as we hustled to secure our buyers the best properties and negotiated to sell our listings for top dollar. The market’s energy has been palpable but now that the numbers are in, it’s official!

The market continues to favor the sell side with an average sales price appreciation of 5% from this time last year to $1,789,589. Although appreciation has slowed since last year, inventory and days on market continues to be near record lows creating overall a very fast-paced, tight market. Below, we have included data provided courtesy of Urban Digs for a complete neighborhood and property type breakdown.

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