Jun. 2, 2009 - Manhattan loft inventory as of May 31 = 983
Number of Manhattan residential lofts offered for sale as of Sunday night continues to reflect a bulging inventory, up a bit this week after two weeks of slight dips:
| price range |
# of lofts |
| $500k to $999k |
159 |
| $1mm to $1.99mm |
349 |
| $2mm to $2.99mm |
229 |
| $3mm to $3.99mm |
97 |
| $4mm to $4.99mm |
72 |
| $5mm to $10mm |
77 |
| TOTAL |
983 |
This is up 7 in a week, while up 303 since my recorded low in mid-August. The inventory number has been within a fairly narrow range since climbing into record territory in late March (between 973 and 1,024).
See my May 19, 2008 post for what I am counting, and why it is difficult.
© Sandy Mattingly 2009
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