not supply, but demand I usually focus on the inventory number as a key number in any Manhattan real estate market reports, but the inventory numbers this quarter are overwhelmed in significance by the demand number — the raw number…
Tag: Miller Samuel
bring down the duck The really old among you will remember that Groucho Marx TV show from about (forty-five?) years ago (and the really old without CRS will remember the name of it – You Bet Your Life), in…
uncommon modesty (unrewarded) at 43 W 21
general market stats vs. one loft experience I checked out #3 at 43 West 21 Street (for listing details, pix and floor plan, scroll down through Properties for Sale here)when I got an email flogging the listing from Leah…
Lake Wobegon lofts sell for more than $1,246/ft
crunch, crunch Miller, crunch, crunch Samuel I have finally gotten to spend a little time staring at the fourth page of the Miller Samuel Second Quarter Manhattan Market Overview, the page with the loft synopsis. As per usual,…
more Q2 Manhattan market nuggets / fewer DOM show accelerating market
The Miller Samuel “Manhattan Overview” report for the Second Quarter has still not hit its website, but Inman News today has two more tidbits from that report about Manhattan apartment sales: “Condos and co-ops spent an average 117…
open houses under $1,000/ft
The most recent quarterly market report from Miller Samuel says that the average price-per-foot for Manhattan lofts sold in the last quarter was $1,090/ft – essentially unchanged from the prior quarter. With so many lofts offered at premium prices…
irony can be delicious / juxtaposition of PruDE quote and data in NY Post worth a smile
pumping the market, no matter the cost Today’s brief item in the NY Post Manhattan Bumps Real-Estate Slump from Bloomberg is amusing for at least one reason. The context: The Real Estate Board of New York’s Q3 data shows…
on average, up, way up and down doesn
The Miller Samuel quarterly report that just came out about coop and condo sales in Manhattan shows how volatile key numbers can be with such a small sample as the subset of Manhattan LOFT sales in any three-month period. Applying…
Days and Confused / comparing coop and condo Days on Market
Parsing the most recent Miller Samuel report for the Manhattan coop and condo apartment market, one comparison caught my eye as unusual. In Q3 06, the average Days on Market for coop apartments was 145; for condos, 155.…
loft market trended with overall market in Q3 06 / Miller Samuel finally stands up
Appraiser Jonathan Miller cops to being the reason his Q3 Manhattan Market Overview has been so long delayed in release, but at least it is now out. The short story for Manhattan lofts is that (1) the loft market behaved…
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