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Manhattan

Why you'd want to live in Manhattan

Manhattan, often referred to locally as the City, is the most densely populated of the five boroughs of New York City and its economic and administrative center, cultural identifier, and historical birthplace. The borough is coextensive with New York County, one of the original counties of the U.S. state of New York. The borough consists mostly of Manhattan Island, bounded by the Hudson, East, and Harlem rivers; several small adjacent islands; and Marble Hill, a small neighborhood now on the U.S. mainland, physically connected to the Bronx and separated from the rest of Manhattan by the Harlem River. Manhattan Island is divided into three informally bounded components, each aligned with the borough's long axis: Lower, Midtown, and Upper Manhattan.

Manhattan Market Report

$2,713,396

AVERAGE PRICE OF 106 HOMES

$4,450,193

AVERAGE PRICE OF 57 MULTI-MILLION DOLLAR HOMES

$562,000

AVERAGE PRICE OF 4 REDUCED PRICE HOMES

Average Home

Average Price $2,713,396
Avg Bedrooms 1.72 beds
Avg Bathrooms 1.68 baths

Average Price by Bedrooms

1 bedroom $1,257,222
2 bedrooms $1,904,381
3 bedrooms $5,735,278
4 bedrooms $7,211,429
5 bedrooms $9,077,000
Manhattan Home Price Trends
  6/2019 5/2019 4/2019 3/2019 2/2019
Total Listings 96 97 111 127 149
Average Price $2,843,925 $2,911,319 $2,901,897 $2,692,382 $2,553,504
Avg Price Change -2.37% +0.32% +7.78% +5.44% -2.55%
Median Price $1,418,661 $1,484,845 $1,660,362 $1,460,037 $1,322,100
Med Price Change -4.67% -11.82% +13.72% +10.43% +2.36%
Avg Bedrooms 1.81 beds 1.75 beds 1.71 beds 1.65 beds 1.66 beds
Avg Bathrooms 1.73 baths 1.73 baths 1.71 baths 1.64 baths 1.62 baths
Total Homes Average Price Avg Days on Site
All Homes 106 $2,713,396 87 days
Multi-Million Dollar Homes 57 $4,450,193 84 days
Reduced Price Homes 4 $562,000 112 days
Global Property Systems
Vanessa Saunders MBA MIMC CIPS - NYS RE Principal Broker
56 Lafayette Avenue Suite 320
White Plains, NY 10603
914-290-5258

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