Research & Reports

marketreport

Miller Samuel Market Reports

Miller Samuel began its market report series in 1994 with the Manhattan Market Report. This research effort was later expanded into a series of reports covering a wide array of housing types in many markets. The distribution of the series in both print and download now exceeds more than 1,000,000 copies per year. Each report is considered the “report of record” within each market covered.  Market reports prepared by our firm continue to lead all others by introducing many “firsts” that have been widely adopted by the industry.  The methodology for each report is readily available.  This is consistent with our objective to provide clients and consumers greater housing market transparency to enable them to make more informed decisions.

Note: These market studies may not be reproduced or used in whole or in part, except with proper credit as to their authorship.


 


Recent Reports


Miami_Q1_2012_Espanol

Elliman Report: Miami Sales (Spanish) 1Q 2012

El Mercado de Miami continuó teniendo dos segmentos diferentes: ventas de propiedades en peligro de juicio hipotecario y propiedades sin riesgo. El escándalo denominado “robo-signing” a finales del 2010 y el reciente acuerdo entre los principales proveedores de préstamos y… View Report

Miami_Q1_2012_Portuguese

Elliman Report: Miami Sales (Portuguese) 1Q 2012

O mercado residencial de Miami continuou a ser basicamente dois segmentos distintos: vendas de propriedades em dificuldades financeiras, definidas como vendas a descoberto (short-sales) e execução hipotecária; e as vendas de propriedades estáveis. O escândalo das assinaturas automáticas (robo-signing) em… View Report

HNF_Q1_2012

Elliman Report: Hamptons & North Fork Sales 1Q 2012

Median sales price edged up 1.2% to $630,000 from $622,500 in the prior year quarter. Average sales price increased 17% to $1,437,597 from $1,228,857 over the same period, largely due to continued strength at the upper end of the market…. View Report

LI_Q1_2012

Elliman Report: Long Island Sales 1Q 2012

Although the number of sales slipped 1.2% from prior year levels, the mild winter weather brought an unexpected surge in first quarter pending sales. There were 5,209 signed contracts outstanding in the first quarter, 21.2% more than 4,297 in the… View Report

Brooklyn_Q1_2012

Elliman Report: Brooklyn Sales 1Q 2012

Housing prices slipped from prior year levels, largely due to the shift in mix of property types that sold over the quarter. The sharp decline in mortgage rates to record lows resulted in an increase in co-op sales market share,… View Report

Queens_Q1_2012

Elliman Report: Queens Sales 1Q 2012

There was a 16.2% decline in the number of sales in the first quarter to 2,176, down from 2,598 in the prior year quarter despite the surge in co-op sale market share. Co-ops represented 28.7% of all sales in the… View Report

Miami_Q1_2012

Elliman Report: Miami Sales 1Q 2012

The Miami housing market continued to be largely two different market segments: distressed sales, defined as short sales and foreclosures, and non-distressed sales. The “robo-signing” scandal in late 2010 and the recent settlement agreement between the major loan servicers and… View Report

Rental_Q1_2012

Elliman Report: Manhattan Rentals 1Q 2012

Year-over-year prices continued to show strong gains as landlord concessions declined. Median net effective rent was $3,064 for the first quarter, 9.1% higher than $2,808 in the prior year quarter. Use of concessions fell to 11.1% winthin all new rentals… View Report

Westchester_Q1_2012

Elliman Report: Westchester & Putnam Sales 1Q 2012

There were 1,277 sales in the first quarter, 1.8% more than 1,254 sales in the same period last year. The market share for 1-family properties expanded to 59.1% from 57.5% over the same period. Condo market share edged up to… View Report

Manhattan_Q1_2012

Elliman Report: Manhattan Sales 1Q 2012

Despite global economic turmoil last fall, the housing market continued to show stability, continuing a pattern that began in mid- 2009 after the credit crunch began. The S&P’s downgrade of US debt, paired with the European debt crisis, Wall Street… View Report

Manhattan_10YR_2011

Elliman Report: Manhattan Decade 2002-2011

The number of sales remained above the 10,000 sale threshold for the second consecutive year and for the fourth time in the decade. There were 10,161 sales in 2011, the third highest total of the decade. The total was 1%… View Report

Townhouse_10YR_2011

Elliman Report: Manhattan Townhouse 2002-2011

The Manhattan housing market saw the largest number of sales since the credit crunch began, reaching a yearly sales level consistent with the annual average of the past decade. The robust apartment rental market influenced the gain in 2-family and… View Report

LI_10YR_2011

Elliman Report: Long Island Decade 2002-2011

This report is a comprehensive analysis of the past decade of residential housing sales on Long Island. The report parses out Nassau and Suffolk Counties (excluding the East End, a market covered in a separate report) by price trends, number… View Report

LI_Q4_2011

Elliman Report: Long Island Sales 4Q 2011

Housing prices slipped in the fourth quarter, dipping below prior year levels. Median sales price was $339,000 in the fourth quarter, 4.8% below $356,050 in the same period last year. Average sales price showed a similar trend, declining 5.1% over… View Report

HNF_10YR_2011

Elliman Report: The Hamptons/North Fork Decade 2002-2011

This report is a comprehensive analysis of the past decade of residential housing sales on the East End. The report parses out the Hamptons and North Fork by price trends, number of sales, days on market, listing discount, listing inventory,… View Report

HNF_Q4_2011

Elliman Report: Hamptons & North Fork Sales 4Q 2011

There were 541 sales in the fourth quarter, 0.6% more than 538 sales in the prior year quarter and prior quarter. The level of sales remained above the 5-year average of 484 sales. Despite the relative stability of sales, the… View Report

Brooklyn_Q4_2011

Elliman Report: Brooklyn Sales 4Q 2011

The housing market saw year-over-year gains in sales for the fourth quarter. There were 1,558 sales, 6.1% more than 1,468 in the same quarter last year. The increase in sales was largely due to the increase in market share for… View Report

Westchester_Q4_2011

Elliman Report: Westchester & Putnam Sales 4Q 2011

The price indicators for the quarter were partially mixed partially, as a result of a significant variance caused by the surge in entry-level co-op sales. The average square footage of a residential sale was 2,082, down 2.8% from 2,143 in… View Report

Queens_Q4_2011

Elliman Report: Queens Sales 4Q 2011

Median sales price for the fourth quarter declined 7% to $343,000 from $369,000 in the prior year quarter. Average sales price showed the same pattern, sliding 2.5% to $395,264 from $405,489 in the same period last year. The decline in… View Report

Rental_Q411

Elliman Report: Manhattan Rentals 4Q 2011

The median net effective rent (face rent less landlord concessions) jumped 9.5% to $3,121 from $2,950 in the same period last year.  The year-over-year-gains were consistent across all rental price indicators as no apparent shift in apartment mix was responsible for the increases.



Research Papers & Articles

Regional Market Summary: Manhattan and New York City Metropolitan Areas

ERC’s Mobility Magazine, August 01, 2010
Jonathan J. Miller

The New York City metro area includes the 5 boroughs – Manhattan, Brooklyn, Queens, The Bronx and Staten Island as well as Long Island, Westchester County, NY, Fairfield County, CT and Northern New Jersey. Manhattan contains a large portion of... View Paper


Recent Research Papers & Articles

Appraisers and Foreclosure Sales Bring Havoc to Housing Markets

In many ways, the quality of appraisals has fallen as… Read more

Monthly Report on Current Economic Conditions

Miller Samuel was cited for certain real estate market data.

coopcondopuzzle The Condominium v. Cooperative Puzzle: An Empirical Analysis of Housing in New York City

In most instances, theory suggests several reasons why the condominium… Read more

Buy The Numbers: Penthouse Living Provides A Clear View

< p>…Potential buyers tend to focus on penthouse units as… Read more


Data Drill Down
About Miller Samuel Data

Choose from an array of robust housing metrics compiled using research during the preparation of our market report series. Expanded significantly from prior offerings, use this resource to build charts and custom data tables or leverage your own information for more powerful research and presentations.


Miller Samuel Data Sampler

Off the Charts

Manhattan Co-op/Condo Average Sales Price (Converted)



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