Manhattan Sales Market Reports WELCOME

JUST RELEASED: Exclusive 3Q 2017 Real Estate Report for NYC / Manhattan Market

3Q 2017 Manhattan Sales Market Report

Dear Friends,

Please find attached the just-released third quarter 2017 “Elliman Reports” for the Manhattan sales markets, the leading resource on the state of the real estate market.It is with great pleasure that I share with you the just released first quarter 2017 “Elliman Sales Report” for NYC Manhattan, the leading resource on the state of these markets.

I am happy to write that the market is in good condition with sales up sharply year-over-year, and activity overpowering the re-sale inventory, which simply can’t keep up.  Inventory has now fallen for two consecutive quarters after rising for twelve quarters in a row. While this elevated activity is not spurring runaway price growth, prices in the re-sale category are most definitely trending up.

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