Q2 Manhattan Market Data
Q2 shows a sharp increase in sales volume (+144% YoY) and average sale price (+18.5% since Q1) in Manhattan.
A mix of factors drove this including: pent-up demand, reasonable pricing, low interest rates, and an expanded pool of buyers
The luxury category ($10M-$20M) saw a steep average sales price increase driven by a hyperactive market in the UES, UWS, and downtown. (Full Report)