Comparing the Manhattan loft niche to the overall Manhattan market, according to Corcoran the loft niche slightly under-performed on median sales price (the overall market was down 2% YoY) but over-performed on average price per foot (the overall market was down 6% YoY).

Using the Miller Samuel more rich data set, the Manhattan loft niche over-performed on median sales price (the overall Manhattan market was up 3.1% YoY), on average price per foot (the overall market was down 2.3% YoY), on days on market (the overall market was up 16.5% YoY), and inventory (the overall market was up 34.3% YoY), while essentially matching the overall market on transaction volume (the overall market was down 'only' 47.6%).

links! we got links!
You can access PDFs of the various reports by clicking the Miller Samuel report, the Corcoran report and the Terra Holdings report (here's the Halstead version).
prior quarterly report commentary
on this quarter's reports, April 3 monthly sales trends for Manhattan coops + condos, per Corcoran and April 2 the numbers are coming! the numbers are coming! 1Q market report season begins

on the 4Q08 reports, January 23 comparing nuggets / 4Q Manhattan loft data + overall market, and I hit the nuggets of each firm's reports on January 7 (Halstead), January 8 (Miller Samuel), and January 10 (Corcoran)


 

© Sandy Mattingly 2009

 

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