The Elliman Report: 2010-2019 Decade Manhattan Townhouse
2010-2019 MANHATTAN TOWNHOUSE REPORT Decade Survey of Townhouse Sales Manhattan Townhouse Market Matrix 2019 %∆ (yr) 2018 %∆ (decade) 2010 Avg Price Per Sq. Ft. MANHATTAN TOWNHOUSE Number of Sales TOWNHOUSE Average Sales Price $6,457,819 -8.2% $7,035,815 18.0% $5,473,894 $2,000 350 Average Price Per Sq Ft $1,363 -7.1% $1,467 20.7% $1,129 $1,700 300 Median Sales Price $4,800,000 -7.8% $5,206,250 24.7% $3,850,000 DASHBOARD $1,400 250 year-over-year Number of Sales 196 -15.5% 232 -0.5% 197 $1,100 200 Days on Market (From Last List Date) 140 -8.5% 153 17.6% 119 $800 150 Listing Discount (From Last List Price) 10.7% 9.8% 8.3% PRICES $500 100 Median Sales Price 7.8% Listing Inventory10 11 12 13 14367 -1.9%15 16 37417 18-7.6% 19 397 Months of Supply 22.5 16.6% 19.3 -7.0% 24.2 Average Square Feet (Closed) 4,736 -2.6% 4,863 -2.3% 4,848 SALES Days on Market MANHATTAN TOWNHOUSE Listing Discount Closed Sales 15.5% 180 Avg Price Per Sq. Ft. MANHATTAN TOWNHOUSE Number of Sales 13% 160$2,000 11%350 INVENTORY 140$1,700 9%300 Total Inventory 1.9% 120$1,400 7%250 100$1,100 5%200 150 PACE 80$800 10 11 12 13 14 15 16 17 18 19 3% Months of Supply mos $500Avg Price Per Sq. Ft. MANHATTAN TOWNHOUSE Number of Sales 100 3.2 10 11 12 13 14 15 16 17 18 19 $2,000 350 $1,700Listing Inventory MANHATTAN TOWNHOUSE Absorption Rate (Mos) 300 550 30 MARKETING TIME $1,400Days on Market MANHATTAN TOWNHOUSE Listing Discount 250 Days on Market 13 days 500 25 180$1,100 13%200 450 20 160$800 11%150 400 15 NEGOTIABILITY 140$500 100 10 11 12 13 14 15 16 17 18 19 9% Listing Discount 0.9% 350 10 120 7% 300 10 11 12 13 14 15 16 17 18 19 5 • The lowest number of sales in a 100 5% decade as the pace of the market 80 Days10 on Market11 12 MANHATT13 14AN TOWNHOUSE15 16 17 Listing18 Discount19 3% continued to slow 180 13% Avg Price Per Sq.
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