The Manhattan real estate market showed no signs of slowing down in November, with month over month and year over year increases in average price per square foot, median listed price, and number of contracts signed. Year over year sales were up 72% and down 20% month over month. Overall inventory was down.
The November real estate market saw inventory tighten while sales and contracts signed decreased in comparison with October and increased in comparison with November 2020. Average price per square foot was up and median listed price was down year over year and up month over month.
The Queens November real estate market saw a month over month decrease in sales, new listings, and overall inventory. Median listed prices were up year over year and month over month, while total sales were up year over year.
Figures in this report are based on publicly reported data from Automated City Register Information System (ACRIS), as well as proprietary data. Equal Housing Opportunity. All material presented herein is intended for informational purposes only. The sources are deemed to be reliable and the information is believed to be accurate, however the material is subject to errors, omissions, changes, or withdrawal without notice. All measurements and square footage are approximations. No statement is made as to the accuracy of any description.
