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[Three Cents Worth NY #230] Manhattan Sales Wave More of a Bell Curve

Posted By Jonathan Miller On May 12, 2013 @ 1:09 pm In Blogging Off The Matrix,Curbed: 3 Cents Worth | Comments Disabled

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 today’s 3CW column [3] on @CurbedNY:

Since Manhattan sales are fairly heavy right now—basically we’re at High Noon of the annual housing market cycle—I wanted to look at how important spring is to the market and explore how housing sales patterns have changed over the past few decades. I plotted the sales market share for each quarter and separated them into their own charts. For example: 2Q 2012 (last year’s spring market) had sales that represented 25.2 percent of all sales for 2012. I then applied a trend line to each quarter to cut through the volatility. The four quarters (sort of) correlate with the four seasons…

[4]
[click to expand chart]

 


Today’s Post: Three Cents Worth: Manhattan Sales Wave More of a Bell Curve [Curbed [3]]
Three Cents Worth Archive Curbed NY [5]
Three Cents Worth Archive Curbed DC [6]
Three Cents Worth Archive Curbed Miami [7]


Article printed from Miller Samuel Real Estate Appraisers & Consultants: http://www.millersamuel.com

URL to article: http://www.millersamuel.com/three-cents-worth-ny-230-manhattan-sales-wave-more-of-a-bell-curve/

URLs in this post:

[1] Curbed NY: http://ny.curbed.com/

[2] capital of the world: http://www.nyc.gov/html/lmec/html/about/nycapital.shtml

[3] today’s 3CW column: http://ny.curbed.com/archives/2013/05/07/three_cents_worth_manhattan_sales_wave_more_of_a_bell_curve.php

[4] Image: http://www.millersamuel.com/files/2013/05/3cw5-7-13.jpg

[5] Curbed NY: http://ny.curbed.com/tags/three-cents-worth

[6] Curbed DC: http://dc.curbed.com/tags/three-cents-worth

[7] Curbed Miami: http://miami.curbed.com/tags/three-cents-worth

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