- Miller Samuel Real Estate Appraisers & Consultants - http://www.millersamuel.com -

Manhattan Inventory Trend Remains Flat as a Pancake in 2013

[1]
[click to expand]

There has been remarkably little YTD improvement of available co-op/condo supply in Manhattan. This chart reflects co-op, condo and townhouse supply (existing + new dev).

While we are now seeing a little more inventory enter the market, sales are outpacing prior year levels erasing any meaningful gains in supply. This chart illustrates how flat supply has remained in 2013.