new Manhattan loft listings + closed sales in last 7 days

 
This is my sixty-second report on the number, price distribution and neighborhood distribution for Manhattan lofts reported as new to the market or as closed sales in the last 7 days.

The stats as of Sunday night:

• there were only 10 Manhattan lofts reported as new to the market in the last 7 days and only 9 as sold, in (cumulatively) the slowest two weeks of last year (in 2007 the last full week ended December 30, with only 2 new listings and 6 closings in that very holiday week); this is the 6th week in a row with fewer than 10 closings
• 8 of the 10 new ones are offered between $1mm and $3mm, while 7 of the 9 closed sales were between $1mm and $2mm
• 1 of the 10 new loft listings are in new development, while NONE of the 9 closed sales are in new development
  
  

  By price	New = 10	Sold = 9
  $500k to $999k	2	1
  $1mm to $1.99mm	4	7
  $2mm to $2.99mm	2	1
  $3mm to $3.99mm	1
  $4mm to $4.99mm
  $5mm+	1

   

  By neighborhood	New = 10	Sold = 9
  Battery Park City
  Chelsea	1
  Clinton
  East Village
  Financial District	1
  Flatiron	1	2
  Gramercy	1
  Greenwich Village	1	1
  Kips Bay
  Little Italy
  Lower East Side
  Morningside Heights
  Murray Hill
  Midtown East
  Midtown West	1
  SoHo	1	1
  Sutton Place
  Tribeca	1	3
  Turtle Bay
  Upper East Side
  Upper West Side
  West Village	2	2

• 
  
   

• New loft listings in new developments

• 420 West 25 Street (Loft 25)

  1

   

• 
  
   

• Sold lofts in new developments 

  
  

  none

  
  For information about how I get this stuff and why I slice it as I do, see methodology for New + Sold in The Last Seven Days. For my rant about how soft this data may be, see loft or not? caution: active ranting ahead.

© Sandy Mattingly 2009