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 price
    New = 32
    Sold = 21
    $500k to $999k
    3
    4
    $1mm to $1.99mm
    12
    5
    $2mm to $2.99mm
    8
    10
    $3mm to $3.99mm
    7
    1
    $4mm to $4.99mm
    1

    $5mm+
    1
    1


    By neighborhood
    New = 32
    Sold = 21
    Battery Park City


    Chelsea
    5
    3
    Clinton
    1
    2
    East Village


    Financial District
    1

    Flatiron
    3
    1
    Gramercy
    1

    Greenwich Village
    2
    5
    Kips Bay


    Little Italy


    Lower East Side


    Murray Hill


    Midtown West

    3
    SoHo
    6
    6
    Tribeca
    6

    Turtle Bay


    Upper East Side
    1

    Upper West Side
    2
    1
    West Village
    4


    New loft listings in new developments
     151 Wooster Street
    1
    5 Franklin Place
    3
    122 Greenwich Avenue (Jackson Square)
    3

    Sold lofts in new developments
     
    137 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

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