Matrix Blog

Analysis & Research

[Special Report] 1Q 2010 Brooklyn Market Overview

April 19, 2010 | 10:59 am | Podcasts |

Read More


[Special Report] 1Q 2010 Queens Market Overview

April 19, 2010 | 10:44 am | Podcasts |

Read More


[Special Report] 1Q 2010 Manhattan Rental Market Overview

April 8, 2010 | 11:34 pm | | Podcasts |

Read More


[Special Report] 1Q 2010 Manhattan Market Overview

April 6, 2010 | 8:53 pm | | Podcasts |

Read More


[Interview] The Wealth Report 2010 Knight Frank, Andrew Shirley, Editor + Liam Bailey, Head of Residential Research

March 23, 2010 | 4:55 pm | | Podcasts |

Read More

Tags:


[Interview] Debra Taylor Blair, Owner, LINK Boston

March 9, 2010 | 1:50 pm | Podcasts |

Read More


[Special Report] Brooklyn Market Overview 4Q 2009

January 21, 2010 | 1:27 pm | Podcasts |

Read More


[Special Report] Queens Market Overview 4Q 2009

January 21, 2010 | 1:17 pm | Podcasts |

Read More


[Interview] Rick Sharga, Senior Vice President, RealtyTrac

January 15, 2010 | 12:22 am | | Podcasts |

Read More


[Special Report] Manhattan Rental Market Overview 4Q 2009

January 14, 2010 | 11:39 pm | Podcasts |

Read More


[Special Report] Manhattan Market Overview 4Q 2009

January 11, 2010 | 10:10 pm | Podcasts |

Read More


[Manhattan Absorption] Price Threshold For Balanced Absorption Continues To Rise

December 1, 2009 | 11:35 am | Charts |

Absorption defined for the purposes of this chart as: Number of months to sell all listing inventory at the annualized pace of sales activity.


[click image to expand]

The absorption rate continues to improve from a bottom up, approaching the 10-year 10.0 month average for all three market areas (the data set is too thin for a reliable trend for Uptown).

Observations

The East Side absorption rate slows considerably above $1.5M. Co-ops are considerably slower than condos above that threshold. Condos generally absorb faster than co-ops.

The West Side absorption rate has reduced in higher price segments, up to $3M. Co-ops generally absorb faster than condos below $3M but take much longer than condos above the threshold.

The Downtown market absorption rate has reduced in higher price segments, up to $3M. Co-ops and condos are consistent below the threshold but co-ops absorb considerably slower above the threshold.

View archive.

Note: This chart series does not include shadow inventory (properties ready for market but not yet listed for sale) so it understates condo absorption.


Tags:

Get Weekly Insights and Research

Housing Notes by Jonathan Miller

Receive Jonathan Miller's 'Housing Notes' and get regular market insights, the market report series for Douglas Elliman Real Estate as well as interviews, columns, blog posts and other content.

Follow Jonathan on Twitter

#Housing analyst, #realestate, #appraiser, podcaster/blogger, non-economist, Miller Samuel CEO, family man, maker of snow and lobster fisherman (order varies)
NYC CT Hamptons DC Miami LA Aspen
millersamuel.com/housing-notes
Joined October 2007