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

[Three Cents Worth #290 NY] Tracking 24 Years of Manhattan Sales and Rental Prices

It’s time to share my Three Cents Worth (3CW) on Curbed NY [1], at the intersection of neighborhood and real estate in the capital of the world [2]…and I’m here to take measurements.

Check out my 3CW column [3] on @CurbedNY:

It’s been a while since I dropped in on Curbed with a Three Cents Worth post but since I’m currently huddled next to an air conditioner, I really needed to take my mind off the heat and humidity. I thought I’d reach back into history and trend the year-over-year changes in the Manhattan sales and rental markets. I presented the median rental price and median sales prices by quarter back to 1991 measuring their year over year percent change. I’m surprised I haven’t done this before since there is so much discussion about the relationship between the two markets, and whether it’s better to rent or buy…

3cw8-19-2015 [4]

[click to expand chart]


My latest Three Cents Worth column: Three Cents Worth: Tracking 24 Years of Manhattan Sales and Rental Prices [Curbed [3]]

Three Cents Worth Archive Curbed NY [5]
Three Cents Worth Archive Curbed DC [6]
Three Cents Worth Archive Curbed Miami [7]
Three Cents Worth Archive Curbed Hamptons [8]
Three Cents Worth Archive Curbed LA [9]
Three Cents Worth Archive Curbed Ski [10]