Market Intelligence
Manhattan's Monthly Pulse
Week of Feb. 6th - Feb. 13th
SUPPLY
Market Velocity
MARKET PULSE
5,313
82-95
.67%
0% Week-over-week
Average days on market for homes that are correctly priced and have an excellent marketing stragtegy.
CONTRACTS SIGNED
NEW INVENTORY
228
260
Up 62% Week-over-week
Down 22% Week-over week
LUXURY MARKET
36
CONTRACTS SIGNED ABOVE $4M
Strategic Resources
Designed for the nuanced Manhattan market, our editorial checklists provide tactical guidance for every stage of your buying or selling journey.
Market Resources & FAQs
What defines the 'Prime' Manhattan market today?
The market currently prioritizes turnkey residences in historically significant enclaves. Architectural integrity and refined modern amenities are now the primary drivers of sustainable property value.
How does a NYC Co-op purchase differ from a Condo?
Co-ops involve purchasing shares in a corporation with a proprietary lease, requiring meticulous board approval. Condos offer a fee-simple title and provide greater flexibility for international buyers and leasing.
What should I budget for NYC closing costs?
Buyers should generally prepare for 1.5% to 6% of the purchase price, while sellers average 8% to 10% including commissions and transfer taxes. We provide detailed financial projections for every asset.
How is an architectural valuation determined?
Beyond standard square footage, we evaluate ceiling volume, light exposure, and original restoration details. Our editorial lens ensures the historical value of your home is fully leveraged during market positioning.
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Essential intelligence for NYC buyers and sellers. Access curated Manhattan market reports and artisanal property valuations from the David Cline advisory.
david@hhnyc.com
+1 (646) 992-8890
1407 Broadway, 26th Flr.
New York, NY 10018