new Manhattan loft listings + closed sales in last 7 days


This is my forty-fifth 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
. Can you say "short holiday week"??

The stats as of Sunday night:


  • there were only 19 Manhattan lofts reported as new to the market in the last 7 days and only 8 as sold — the second light week in a row and (again) the (new) lightest week I can remember
  •  17 of the 19 new ones are offered under $3mm, while 5 of the 8 closed sales were below $2mm
  •  only 1 of the 19 new loft listings is in new development, and only 1 of the 8 closed sales is in new development (second week in a row in which only one new development sold and one new development came to market)

    By price
    New = 19
    Sold = 8
    $500k to $999k
    6 2
    $1mm to $1.99mm
    5 3
    $2mm to $2.99mm
    6 1
    $3mm to $3.99mm
      1
    $4mm to $4.99mm
       
    $5mm+
    2 1

     
    By neighborhood
    New = 19
    Sold = 8
    Battery Park City
       
    Chelsea
       
    Clinton
    1  
    East Village
       
    Financial District
    1  
    Flatiron
    1 1
    Gramercy
      2
    Greenwich Village
    2 1
    Kips Bay
       
    Little Italy
       
    Lower East Side
    2  
    Morningside Heights   1
    Murray Hill
    1  
    Midtown East
       
    Midtown West    
    SoHo
    2 1
    Tribeca
    5 1
    Turtle Bay
    1  
    Upper East Side
       
    Upper West Side
    2  
    West Village
    1 1

  •  

  • New loft listings in new developments
  • 1 York Street (One York) 1
     


  •  

  • Sold lofts in new developments 


    247 West 115 Street 1


    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 most recent rant about how soft this data may be, see
    loft or not? caution: active ranting ahead.






© Sandy Mattingly 2008

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