new Manhattan loft listings + closed sales in last 7 days
This is my twenty-ninth 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 32 lofts reported as new to the market in the last 7 days and only 21 as sold
-
27 of the 32 new ones are offered between $1mm and $4mm, while 10 of the 21 closed sales were from $2mm to $3mm
-
7 of the 32 new loft listings are in new development, and 5 of the 21 closed sales were in new development
By priceNew = 32
Sold = 21
$500k to $999k3
4
$1mm to $1.99mm12
5
$2mm to $2.99mm8
10
$3mm to $3.99mm7
1
$4mm to $4.99mm1
$5mm+1
1
By neighborhoodNew = 32
Sold = 21
Battery Park City
Chelsea5
3
Clinton1
2
East Village
Financial District1
Flatiron3
1
Gramercy1
Greenwich Village2
5
Kips Bay
Little Italy
Lower East Side
Murray Hill
Midtown West
3
SoHo6
6
Tribeca6
Turtle Bay
Upper East Side1
Upper West Side2
1
West Village4
New loft listings in new developments151 Wooster Street
1
5 Franklin Place
3
122 Greenwich Avenue (Jackson Square)
3
Sold lofts in new developments137 Duane Street
1
8-10 Warren Street
3
120 West 72 Street (Harsen House)
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.
I have to retool Loft Inventory; Reader Larry is right (see comments from last week’s report) that my consistent "500" represents the upper limit of the search on the data system we use (d’oh). When I originally checked his source (Street Easy) — months ago — I found definitional problems that dissuaded me from using that source for inventory; I need to check back.
© Sandy Mattingly 2008
Tagged with: Closed, Duane, Franklin, Greenwich, Jackson, New Listings, Sales, Warren, West 72, Wooster
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