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[Stable And Single] 2003-2012 Manhattan Townhouse Report

[1]

We published our Manhattan Townhouse report, a ten year moving window data compendium of the market from 2003-2012. For the past 26 years we’ve been tracking the townhouse market, it has remained a small luxury subset representing a few percentage points of the overall residential market so a detailed quarterly or monthly analysis isn’t practical. This is part of an evolving market report series I’ve been writing for Douglas Elliman [2] since 1994.

Key Points

MANHATTAN TOWNHOUSE 2003-2012


Here’s an excerpt from the report:

…Townhouse sales rose to 277, their highest level since 343 sales were reached in 2007 before the onset of the credit crunch. The 15.4% increase in sales this year marks the third consecutive yearover- year increase in activity. Consistent with the rise in sales was the 18.9% drop in listing inventory to 411 and the two month drop in days on market to 106. Market share for East Side sales led all regions, jumping to 26% from 20.8% in 2011. The year-over-year change in price indicators were mixed with a 4.2% decline in median sales price, a 6.1% gain in average sales price and a 12.2% rise in average price per square foot…

Later today we’ll have additional information available on the market so you can build your own custom data tables [3] and browse our chart library [4].




The Elliman Report: 2003-2012 Manhattan Townhouse Report [Miller Samuel [1]]
The Elliman Report: 2003-2012 Manhattan Townhouse Report [Douglas Elliman [5]]
Market Chart Library [Miller Samuel [6]]
Aggregated Custom Market Data Tables [Miller Samuel [3]]