The Manhattan townhouse market had a phenomenal year in 2014, with price per square foot and average and median prices all rising by double digits compared to 2013. While the overall number of townhouse sales decreased slightly, the high end of the market saw strong gains, with sales over $10 million increasing 26% and accounting for 16% of sales. The East Side continued to dominate the luxury market, comprising over 60% of sales over $10 million.
Manhattan's townhouse market saw record high prices in 2015. While overall sales were down 12% from 2014, prices increased substantially. The median sale price rose 35% to $5.275 million, and the average price increased 27% to $7.291 million. Single-family townhouses outperformed multi-family units. Uptown sales declined, offset by stronger performance downtown and steady sales on the east and west sides. Townhouse prices continued climbing across all neighborhoods and price brackets, with more sales over $5 million than ever before.
This residential broker price opinion provides a valuation for a single family home located at 7610 S Spalding Lake Dr in Sandy Springs, GA. The 3-sentence summary is as follows:
The home is valued between $387,000-$392,000 as-is and $365,000 for a 30 day quick sale based on comparisons to 3 nearby home sales and 3 active listings. The home needs some minor repairs estimated at $2,750. The neighborhood is established and desirable located near Atlanta with amenities like golf courses and shopping.
Greater Cleveland Real Estate Market Update - Summer2016Lisa Humenik
Home sales and prices are up substantially in 2016 compared to 2015 in the Cleveland area suburbs. Home sales are up 17% year-to-date and average home prices have risen 4%. Inventory levels are very low, down 15-40% compared to past years across most suburbs. This low inventory combined with increasing demand has created strong seller's markets in the region, with homes typically selling within 1-3 months. The hot real estate markets include Lakewood, Brunswick, Brook Park and Parma, which are seeing double digit increases in home sales and prices.
Lennard now offers land services across the Greater Toronto Area for buyers and sellers of various land types including office, industrial, retail, residential, and hotel. The document provides contact information for Lennard's Downtown Toronto and Mississauga offices including names, phone numbers, and email addresses of representatives. It also lists available properties for lease, sublease, or sale in both offices including addresses, space details, rental rates and terms.
In 3 sentences:
Season 1 of Fargo follows the story of Lester Nygaard and Lorne Malvo in 2006 Minnesota. Insurance salesman Lester encounters the dangerous Lorne and finds the courage to be violent, committing murders. This draws the attention of local law enforcement officers Molly Solverson and Gus Grimly who work to solve the crimes and track down Lorne, leading to a final confrontation between Lester and Lorne.
This lesson plan aims to teach students about proper skin care. It includes activities like singing a song about washing the skin, demonstrating how to take a bath and wash the face, and writing rules for healthy skin care. The lesson discusses keeping skin clean, eating fruits and vegetables, avoiding long sun exposure, and seeing a dermatologist for skin problems. Students are evaluated on their knowledge of good skin care practices like taking daily baths, eating fruits and vegetables, and avoiding skin scratching. They are assigned to create an album demonstrating proper ways to care for healthy skin.
Este documento presenta varias herramientas para la toma de decisiones como el diagrama de Ishikawa, la lluvia de ideas, el diagrama de Pareto y el árbol de decisiones. Explica brevemente cada una de estas herramientas y cómo se pueden utilizar para analizar problemas, identificar causas y tomar la mejor decisión.
Manhattan's townhouse market saw record high prices in 2015. While overall sales were down 12% from 2014, prices increased substantially. The median sale price rose 35% to $5.275 million, and the average price increased 27% to $7.291 million. Single-family townhouses outperformed multi-family units. Uptown sales declined, offset by stronger performance downtown and steady sales on the east and west sides. Townhouse prices continued climbing across all neighborhoods and price brackets, with more sales over $5 million than ever before.
This residential broker price opinion provides a valuation for a single family home located at 7610 S Spalding Lake Dr in Sandy Springs, GA. The 3-sentence summary is as follows:
The home is valued between $387,000-$392,000 as-is and $365,000 for a 30 day quick sale based on comparisons to 3 nearby home sales and 3 active listings. The home needs some minor repairs estimated at $2,750. The neighborhood is established and desirable located near Atlanta with amenities like golf courses and shopping.
Greater Cleveland Real Estate Market Update - Summer2016Lisa Humenik
Home sales and prices are up substantially in 2016 compared to 2015 in the Cleveland area suburbs. Home sales are up 17% year-to-date and average home prices have risen 4%. Inventory levels are very low, down 15-40% compared to past years across most suburbs. This low inventory combined with increasing demand has created strong seller's markets in the region, with homes typically selling within 1-3 months. The hot real estate markets include Lakewood, Brunswick, Brook Park and Parma, which are seeing double digit increases in home sales and prices.
Lennard now offers land services across the Greater Toronto Area for buyers and sellers of various land types including office, industrial, retail, residential, and hotel. The document provides contact information for Lennard's Downtown Toronto and Mississauga offices including names, phone numbers, and email addresses of representatives. It also lists available properties for lease, sublease, or sale in both offices including addresses, space details, rental rates and terms.
In 3 sentences:
Season 1 of Fargo follows the story of Lester Nygaard and Lorne Malvo in 2006 Minnesota. Insurance salesman Lester encounters the dangerous Lorne and finds the courage to be violent, committing murders. This draws the attention of local law enforcement officers Molly Solverson and Gus Grimly who work to solve the crimes and track down Lorne, leading to a final confrontation between Lester and Lorne.
This lesson plan aims to teach students about proper skin care. It includes activities like singing a song about washing the skin, demonstrating how to take a bath and wash the face, and writing rules for healthy skin care. The lesson discusses keeping skin clean, eating fruits and vegetables, avoiding long sun exposure, and seeing a dermatologist for skin problems. Students are evaluated on their knowledge of good skin care practices like taking daily baths, eating fruits and vegetables, and avoiding skin scratching. They are assigned to create an album demonstrating proper ways to care for healthy skin.
Este documento presenta varias herramientas para la toma de decisiones como el diagrama de Ishikawa, la lluvia de ideas, el diagrama de Pareto y el árbol de decisiones. Explica brevemente cada una de estas herramientas y cómo se pueden utilizar para analizar problemas, identificar causas y tomar la mejor decisión.
Dokumen ini berisi tentang pembelajaran tematik di SDN JIS kelas 1 semester 1 dengan tema "Keluargaku". Dokumen ini menjelaskan anggota keluarga inti dan besar seperti kakek, nenek, ayah, ibu, anak, paman, bibi, sepupu beserta peran dan fungsinya. Dokumen ini juga berisi soal-soal singkat tentang anggota keluarga.
Lean: Can NewLaw learn from tech startups?LegalTrek
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive functioning. Exercise boosts blood flow, releases endorphins, and promotes changes in the brain which help regulate emotions and stress levels.
Trading decision trees ( Elaborated by Mohamed DHAOUI )Mohamed DHAOUI
The document discusses using a decision tree to analyze stock market data and predict stock price movements. It describes building a decision tree model in R using technical indicators like RSI, EMA, MACD and SMI calculated from historical stock price data of Bank of America. The model is trained on 2/3 of the data and tested on the remaining 1/3, achieving a prediction accuracy of 52% on the test set. Pruning the initial complex decision tree with many splits improves the final optimized tree used for predictions.
The document provides an overview of the history of English poetry from Anglo-Saxon times to the present day. It summarizes the key characteristics of each major era, including the alliterative verse of Old English poetry, the heroic epics like Beowulf in the Anglo-Saxon period, the rise of rhyme and meter in Middle English, the sonnets and metaphysical poetry of the Renaissance, the neoclassical heroic couplet in the Restoration, the rise of Romanticism and emphasis on emotion, and modern poetry's turn toward experimentation and symbolism. The eras show poetry evolving in form and increasingly grappling with social and philosophical issues.
Dokumen tersebut merupakan iklan untuk produk emas Powergold.biz yang menawarkan pakej keahlian untuk membeli dan menjual emas fizikal dengan harga khusus serta mendapat bonus. Produk utama ialah goldbar 999.9 dan dinar emas.
Dokumen tersebut membahas tentang konsep dasar pendidikan seni rupa yang mencakup pengembangan kreativitas, emosi, dan mental anak-anak melalui kegiatan seni rupa. Dokumen juga membahas peranan guru seni rupa dalam menciptakan iklim belajar yang mendukung kreativitas siswa.
Internacionalização do azeite português na PolóniaJosé Barros
Este documento apresenta um plano de marketing para introduzir o azeite português no mercado polaco. Discute as características do azeite em Portugal e na Polônia, analisa as oportunidades e ameaças deste mercado-alvo, e propõe estratégias de distribuição, comunicação e monitoramento para implementar com sucesso esta internacionalização.
Mapas Mentales Proceso independentista Venezuela, La gran colombia, Venezuela...Juan Perez
El documento presenta información sobre el proceso independentista en Venezuela y la Gran Colombia liderado por Simón Bolívar. Menciona algunos de los líderes independentistas como Francisco de Miranda, Antonio José de Sucre, Manuel Piar y Rafael Urdaneta. Explica que la Gran Colombia fue creada por Bolívar para unificar los países que liberó, pero que eventualmente se disolvió debido a las dificultades de comunicación en un territorio tan extenso y los estragos de la guerra de independencia. Luego resume que la Venezuela agropecuaria se refiere al
The Marblehead housing market in 2018 saw the median single family home price increase 3.7% to a new high of $689,500, though sales dropped 9.4% to 212 units due to low supply. Condo prices rose 1.6% to a median of $370,000 with 53 sales similar to previous years. Single family home prices were highest in Q1 at $730,000 and lowest in Q4 at $655,000, with the second half of the year seeing lower prices than the first half. Mortgage rates fell back to 4.5% by the end of the year after rising to almost 5% in November.
The housing market in Westchester and the Hudson Valley surged forward in the third quarter of 2015, with sales up dramatically throughout the region. More importantly, several counties showed signs of "green shoots" of meaningful price appreciation, reflecting the impact from the sustained increases in buyer demand that we've seen over the past few years.
The document summarizes the real estate market trends in Marblehead, Massachusetts for 2018. Key points:
- The median price of single family homes increased 3.7% to a new high of $689,500, while sales dropped 9.4% to 212 units due to low supply.
- The median condo price rose 1.6% to $370,000, with 53 units sold being consistent with the past 4 years.
- Single family home prices were lower in the second half of the year than the first half, which has rarely happened before.
- Mortgage rates fell back to 4.5% by the end of the year after rising to almost 5% in November.
Annie Williams Real Estate Report Sept-Oct 2015Jon Weaver
Even with rising home prices over the past few years, many homeowners who have considered selling are deciding not to because they are caught in an affordability squeeze that is
compounded by a lack of inventory, according to findings from the CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) “2015 Survey of California Homeowners.” More than one-third (35%) of homeowners have considered selling their home in the past year, and of that share, about two-thirds (64%) are reluctant to sell because they are finding they can’t afford the home they really want, the survey found.
The Brooklyn townhouse market slowed in 2017 due to rising prices. Overall sales declined 5% while average and median prices increased 11% and 9% respectively. Single-family townhouse sales rose 8% with double-digit price increases, while multi-family sales fell 7%. The luxury market saw a 14% rise in average sale price. Neighborhoods like Park Slope and Brooklyn Heights had sales increases while Bedford-Stuyvesant saw declines.
Home prices in Dover, MA increased 8% in 2014 compared to 2013, with the median sales price reaching $954,500, up from $883,000 the prior year. The number of home sales was the same as in 2013 at 74, while new listings increased 8% to 149. Home sellers achieved 92.9% of their asking prices on average in 2014, a slight increase over 2013. As of March 2015, there were 49 homes on the market in Dover with prices ranging from $409,000 to $12,375,000 and a median list price of $1,850,000.
Concierge Auctions Luxury Homes Market IndexChad Roffers
Detailed report that covers the top 40 luxury real estate markets in the United States. Detailed analysis of the top 10 transactions in respective markets showing the true days on market and sale to original list price.
The document provides a real estate market review for Mid-Town Direct Train Line towns in New Jersey. It summarizes 2014 housing market trends, including a 2% rise in average home sale price to $860,507. Homes sold faster in 2014 than in previous years, averaging 46 days on the market. The report also provides more detailed statistics on home sales broken down by individual towns and price brackets.
Most locations throughout our nation have smoking hot markets, cold-fish investment and just about every type of property in between. This month the team are providing detail on which parts of their markets are outperforming all others. In addition they’re sharing the knowledge........
YTD Crested Butte Real Estate Market Report through NovemberChris Kopf
It is a common theme every year at this time that bookings are up and forecasts look good, and this year is no different. We have great snow and lots of events throughout the Crested Butte Ski Season – it is a great time to be in CB! The only real metric for measuring the Winter Economy are the final Sales Tax Revenue results month to month and final results for the season in May. The more visitors to our valley in the Winter result in Real Estate activity – and the more Showings, Offers, Contracts, results in more Sold properties 30-90 days later.
Dokumen ini berisi tentang pembelajaran tematik di SDN JIS kelas 1 semester 1 dengan tema "Keluargaku". Dokumen ini menjelaskan anggota keluarga inti dan besar seperti kakek, nenek, ayah, ibu, anak, paman, bibi, sepupu beserta peran dan fungsinya. Dokumen ini juga berisi soal-soal singkat tentang anggota keluarga.
Lean: Can NewLaw learn from tech startups?LegalTrek
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive functioning. Exercise boosts blood flow, releases endorphins, and promotes changes in the brain which help regulate emotions and stress levels.
Trading decision trees ( Elaborated by Mohamed DHAOUI )Mohamed DHAOUI
The document discusses using a decision tree to analyze stock market data and predict stock price movements. It describes building a decision tree model in R using technical indicators like RSI, EMA, MACD and SMI calculated from historical stock price data of Bank of America. The model is trained on 2/3 of the data and tested on the remaining 1/3, achieving a prediction accuracy of 52% on the test set. Pruning the initial complex decision tree with many splits improves the final optimized tree used for predictions.
The document provides an overview of the history of English poetry from Anglo-Saxon times to the present day. It summarizes the key characteristics of each major era, including the alliterative verse of Old English poetry, the heroic epics like Beowulf in the Anglo-Saxon period, the rise of rhyme and meter in Middle English, the sonnets and metaphysical poetry of the Renaissance, the neoclassical heroic couplet in the Restoration, the rise of Romanticism and emphasis on emotion, and modern poetry's turn toward experimentation and symbolism. The eras show poetry evolving in form and increasingly grappling with social and philosophical issues.
Dokumen tersebut merupakan iklan untuk produk emas Powergold.biz yang menawarkan pakej keahlian untuk membeli dan menjual emas fizikal dengan harga khusus serta mendapat bonus. Produk utama ialah goldbar 999.9 dan dinar emas.
Dokumen tersebut membahas tentang konsep dasar pendidikan seni rupa yang mencakup pengembangan kreativitas, emosi, dan mental anak-anak melalui kegiatan seni rupa. Dokumen juga membahas peranan guru seni rupa dalam menciptakan iklim belajar yang mendukung kreativitas siswa.
Internacionalização do azeite português na PolóniaJosé Barros
Este documento apresenta um plano de marketing para introduzir o azeite português no mercado polaco. Discute as características do azeite em Portugal e na Polônia, analisa as oportunidades e ameaças deste mercado-alvo, e propõe estratégias de distribuição, comunicação e monitoramento para implementar com sucesso esta internacionalização.
Mapas Mentales Proceso independentista Venezuela, La gran colombia, Venezuela...Juan Perez
El documento presenta información sobre el proceso independentista en Venezuela y la Gran Colombia liderado por Simón Bolívar. Menciona algunos de los líderes independentistas como Francisco de Miranda, Antonio José de Sucre, Manuel Piar y Rafael Urdaneta. Explica que la Gran Colombia fue creada por Bolívar para unificar los países que liberó, pero que eventualmente se disolvió debido a las dificultades de comunicación en un territorio tan extenso y los estragos de la guerra de independencia. Luego resume que la Venezuela agropecuaria se refiere al
The Marblehead housing market in 2018 saw the median single family home price increase 3.7% to a new high of $689,500, though sales dropped 9.4% to 212 units due to low supply. Condo prices rose 1.6% to a median of $370,000 with 53 sales similar to previous years. Single family home prices were highest in Q1 at $730,000 and lowest in Q4 at $655,000, with the second half of the year seeing lower prices than the first half. Mortgage rates fell back to 4.5% by the end of the year after rising to almost 5% in November.
The housing market in Westchester and the Hudson Valley surged forward in the third quarter of 2015, with sales up dramatically throughout the region. More importantly, several counties showed signs of "green shoots" of meaningful price appreciation, reflecting the impact from the sustained increases in buyer demand that we've seen over the past few years.
The document summarizes the real estate market trends in Marblehead, Massachusetts for 2018. Key points:
- The median price of single family homes increased 3.7% to a new high of $689,500, while sales dropped 9.4% to 212 units due to low supply.
- The median condo price rose 1.6% to $370,000, with 53 units sold being consistent with the past 4 years.
- Single family home prices were lower in the second half of the year than the first half, which has rarely happened before.
- Mortgage rates fell back to 4.5% by the end of the year after rising to almost 5% in November.
Annie Williams Real Estate Report Sept-Oct 2015Jon Weaver
Even with rising home prices over the past few years, many homeowners who have considered selling are deciding not to because they are caught in an affordability squeeze that is
compounded by a lack of inventory, according to findings from the CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) “2015 Survey of California Homeowners.” More than one-third (35%) of homeowners have considered selling their home in the past year, and of that share, about two-thirds (64%) are reluctant to sell because they are finding they can’t afford the home they really want, the survey found.
The Brooklyn townhouse market slowed in 2017 due to rising prices. Overall sales declined 5% while average and median prices increased 11% and 9% respectively. Single-family townhouse sales rose 8% with double-digit price increases, while multi-family sales fell 7%. The luxury market saw a 14% rise in average sale price. Neighborhoods like Park Slope and Brooklyn Heights had sales increases while Bedford-Stuyvesant saw declines.
Home prices in Dover, MA increased 8% in 2014 compared to 2013, with the median sales price reaching $954,500, up from $883,000 the prior year. The number of home sales was the same as in 2013 at 74, while new listings increased 8% to 149. Home sellers achieved 92.9% of their asking prices on average in 2014, a slight increase over 2013. As of March 2015, there were 49 homes on the market in Dover with prices ranging from $409,000 to $12,375,000 and a median list price of $1,850,000.
Concierge Auctions Luxury Homes Market IndexChad Roffers
Detailed report that covers the top 40 luxury real estate markets in the United States. Detailed analysis of the top 10 transactions in respective markets showing the true days on market and sale to original list price.
The document provides a real estate market review for Mid-Town Direct Train Line towns in New Jersey. It summarizes 2014 housing market trends, including a 2% rise in average home sale price to $860,507. Homes sold faster in 2014 than in previous years, averaging 46 days on the market. The report also provides more detailed statistics on home sales broken down by individual towns and price brackets.
Most locations throughout our nation have smoking hot markets, cold-fish investment and just about every type of property in between. This month the team are providing detail on which parts of their markets are outperforming all others. In addition they’re sharing the knowledge........
YTD Crested Butte Real Estate Market Report through NovemberChris Kopf
It is a common theme every year at this time that bookings are up and forecasts look good, and this year is no different. We have great snow and lots of events throughout the Crested Butte Ski Season – it is a great time to be in CB! The only real metric for measuring the Winter Economy are the final Sales Tax Revenue results month to month and final results for the season in May. The more visitors to our valley in the Winter result in Real Estate activity – and the more Showings, Offers, Contracts, results in more Sold properties 30-90 days later.
This document provides an overview and analysis of luxury real estate market trends in 2017. Some key points:
- Prices for luxury homes leveled off in 2017 after years of explosive growth, with inventory rising and demand stabilizing into a "new normal."
- Median prices decreased slightly for single-family homes but remained steady for condos. Sales decreased for single-family homes but slightly for condos.
- Days on market and sales-price-to-list-price ratios indicated markets moving toward more balance. Non-coastal "Power Markets" like Austin and Denver saw continued strength.
- Coastal luxury markets like Los Angeles and New York showed differing trends by neighborhood, with
This document provides a market analysis and marketing plan for the Homestead Estates development in Bridgewater, Nova Scotia. It analyzes income and home value statistics for the target area, finding the average household income is around $40,000-54,000. Recent home sales in comparable developments are examined, showing an average price of $215,000. The document recommends pricing new homes in Homestead Estates between $225,000-275,000. A marketing plan is proposed utilizing various local publications, real estate websites and signage to pre-sell initial home designs and drive interest in the development.
The document summarizes property market conditions across various Australian regions in October 2016. It finds that in Sydney, the $2-3 million price bracket for houses and $1.5-3 million for apartments is in high demand, while the off-the-plan apartment market is struggling. In Canberra and the Illawarra region, the entry-level housing market is most active. The prestige markets in Sydney and Canberra have limited supply but strong demand.
Second Quarter 2016 Manhattan real estate report:
- Closed sales decreased 14% year-over-year while inventory increased 11%, leading to a longer average time on the market of 97 days, up from 92 days last year.
- Median sale price reached a record high of $1.15 million, up 18% from a year ago, while the average price dropped 6% from last quarter to $1.99 million.
- Inventory grew across most bedroom types, with a 27% increase for two-bedrooms, contributing to a rise in months of supply to 5.3 months overall.
This document summarizes real estate market trends in Newfoundland and Labrador, New Brunswick, Nova Scotia, and Ontario in spring 2012. It reports that residential real estate activity has started strong across most regions, with home sales and average home prices up compared to the previous year. Buyer confidence has increased due to low interest rates and stable or growing local economies. However, housing inventory remains tight in many areas, especially for entry-level homes priced below $250,000. The spring buying season is expected to be busy.
The document provides an annual report on the real estate market. It summarizes sales volumes and median home prices for several cities in Southwest California for 2010. Several key points are made:
- Home sales increased over 30% year-over-year in 4 cities and over 25% in the other two cities compared to 2009 levels. Total sales revenue also increased.
- Median home prices remained largely stable compared to 2009 and 2008 levels, suggesting the market may have stabilized after declines in prior years.
- Strong first half sales volumes helped annual numbers despite slowing in the second half of the year. The outlook for 2011 is uncertain depending on broader economic and jobs trends.
Over the March 2016 quarter, 9.2% of all homes resold recorded a gross loss when compared to their previous purchase price.
• Around 1/3 (31.9%) of homes resold for more than double their previous purchase price.
The total value of homes resold at a profit was recorded at $12.9b with the average gross profit recorded at $239,855.
New Homes Residential View - Autumn/Winter 2016Lee Layton
The document discusses new home construction in England. It finds that while construction levels have recovered from pre-2008 levels, completions are still around 15% lower than the pre-downturn average. Most new homes built in the last year had 3 or more bedrooms. The areas with the most new construction activity are around East Midlands and East of England, while London commuter towns lack activity despite high demand. The document also analyzes new home prices compared to existing homes in different areas.
1. – 1 –
Corcoran Townhouse Report2014
The Manhattan townhouse market had a phenomenal year as all three price indicators rose by double digits. This was
particularly true for price per square foot, in which every neighborhood and property type posted strong increases. The
number of single-family townhouse sales decreased 10% while multi-family townhouse sales increased 6%, leading to a 2%
decrease overall. The only region that did not have an increase in sales versus 2013 was Downtown. Throughout Manhattan,
the top end of the market thrived as the number of sales over $10M increased 26% versus 2013 to a new record high.
Overall 2013 2014 Year/Year
Closings 282 275 -2%
Price per Square Foot $1,160 $1,565 35%
Average $4,803,000 $5,739,000 19%
Median $3,000,000 $3,900,000 30%
Overview
The number of
sales over $10M
increased 26%
versus 2013 to
a new record high.
For the purposes of this report, we define multi-family townhouses as two- to four-family townhomes. Mixed-use properties are excluded
from the report. This study presents information only on arms-length transactions (a sale between two unconnected parties). We
excluded certain other types of sales, including: foreclosure or short sales, changes in legal status or ownership entity, properties that
required gut renovation or demolition, bulk or investment sales, as well as townhouse condominiums in new development properties.
2. – 2 –
Corcoran Townhouse Report2014
There were 275 townhouses sold in 2014, a slight decrease of 2% versus 2013, and a 23% increase versus the six-year
average of 224 sales. Multi-family townhouse sales accounted for 54% of sales in 2014, up 4% from 2013.
Sales
Single-Family
Average price increased 20% while the number of sales
decreased 10%. 2014 had the highest average price per
square foot in history at $2,120, a 41% increase versus 2013
and a 24% increase versus the previous peak in 2012.
Overall 2013 2014 Y/Y
Closings 141 127 -10%
PPSF $1,571 $2,120 41%
Average $6,841,000 $8,233,000 20%
Median $5,500,000 $6,100,000 11%
Single-Family Multi-Family
(2 to 4 Residences)
2009 2010 2011 2012 2013 2014
0
100
200
300
Sales
Multi-Family
In 2014, there was a 36% increase in average price per
square foot versus 2013 and a 27% increase versus the
previous peak in 2012. The number of multi-family sales
increased 6%. Average and median price increased 28%
and 12%, respectively.
Overall 2013 2014 Y/Y
Closings 141 148 6%
PPSF $753 $1,032 36%
Average $2,801,000 $3,580,000 28%
Median $1,629,000 $1,818,000 12%
Real estate agents affiliated with The Corcoran Group are independent contractors and are not employees of The Corcoran Group. The Corcoran Group is a
licensed real estate broker located at 660 Madison Ave, NY, NY 10065. All material presented herein is intended for information purposes only and has been
compiled from sources deemed reliable. Though information is believed to be correct, it is presented subject to errors, omissions, changes or withdrawal notice.
3. – 3 –
Corcoran Townhouse Report2014
Sales under $3M accounted for almost 50% of all townhouse
sales in Manhattan, while sales between $3M and $5M
decreased to 13%, the lowest market share in the past six years.
Meanwhile sales over $10M increased to account for 16% of
Manhattan sales, the highest market share since 2009.
Townhouse Sales by Price
Under $1 Million
$5-$10 Million
$1-$3 Million $3-$5 Million
$10-$20 Million $20+ Million
2009 2010 2011 2012 2013 2014
0%
20%
40%
60%
80%
100% 2%
13%
20%
18%
28%
18%
2%
12%
23%
23%
23%
17%
4%
9%
23%
22%
18%
24%
4%
10%
31%
16%
26%
13%
2%
10%
21%
21%
29%
16%
4%
12%
25%
13%
39%
7%
Uptown accounted for almost 50% of all sales in 2014,
its largest market share since 2009. In conjunction,
Downtown’s market share decreased to its lowest level in
six years. The East Side’s share shrunk 11% from its high
point in 2009, while Downtown is off 6% from its recent
high in 2012.
Townhouse Sales by Region
Downtown East Side West Side Uptown
2014
Downtown East Side West Side Uptown
2009
2012
2010
2011
2012
2011
2011
2012
2012
2013
2013
24%
34%9%
33%
23%
29%
14%
34%
25%
27%
10%
37%
26%
29%13%
33%
22%
23%
10%
45%
20%
23%
10%
47%
The following members of the The Corcoran Group made significant contributions to this report:
Michele Beaulieu I Bill Begert I Kathleen Mejia I Todd Parmley I Ryan Schleis I Tres Seippel
Beth Benalloul I David Daniels I Caroline Holl I Ileana Lopez-Balboa I Sherry Matays
4. – 4 –
Corcoran Townhouse Report2014
Manhattan’s luxury townhouse market is defined as the
highest 10% of all transactions. Average price, price per
square foot, and median price all increased by double digits
versus 2013. Of the 28 luxury townhouses that sold in 2014,
39% sold above $20M compared to 18% in 2013. The lowest
sale included was $13.4M. Eighteen of the sales were on the
East Side, nine Downtown and only one on the West Side,
while no Uptown sales were over $4.7M.
Luxury
Luxury 2013 2014 Y/Y
Average Sale Price $17,074,000 $20,567,000 20%
Median Price $15,000,000 $18,790,000 25%
Average Size 7,610 6,852 -10%
Average PPSF $2,244 $3,001 34%
157 East 70th Street
Closing Price $26.05M I Date Closed 12.17.14
This property was built originally as two separate houses. It was owned in the 1980s by Condé Nast publisher S.I.
Newhouse, who renovated it and installed the two-story atrium made of bulletproof glass. In 1993 the house was
sold to a Russian owner who never moved in and sold it after a year. The new owner completed another extensive
renovation, then lived in the house for two decades before selling it through Corcoran in December. The home
was designed with superior finishes and exquisite detail to provide the ultimate in privacy and tranquility in the
heart of the Upper East Side. The unusual 36’ width would permit a large family to live in comfort, showcase an art
collection in style, or entertain in grand fashion. All told, the home comprised approximately 10,000 square feet
plus an oversized garden and terraces, a rare example of spaciousness in the world’s most vertical city.
Notable Luxury Sale
5. – 5 –
Corcoran Townhouse Report2014
SINGLE-FAMILY
Single-family East Side townhouse sales decreased 15%
versus 2013, but the decrease was mostly driven by the
lower-end of the market. Sales under $5M accounted for
only 17% of sales in 2014, 9% less than in 2013. This along
with the five sales over $25M drove the 21% increase in
average sale price. Average price per square foot increased
by 49% versus 2013.
East Side
Single-Family 2013 2014 Y/Y
Number of Sales 53 45 -15%
Average Sale Price $9,565,000 $11,572,000 21%
Median Price $6,350,000 $7,500,000 18%
Average Size 5,069 4,125 -19%
Average PPSF $1,887 $2,805 49%
422 East 84th Street
Closing Price $4.65M I Closing Date 8.11.14
Dating from the nineteenth century, this house
retained a lot of its original features including period
fireplace mantles, casement windows and flooring.
Its three-story façade is covered in soft gray-brown
brick, and the rear of the home has a gorgeous
bluestone patio and planted garden. Once listed for
sale, we discovered that one of its biggest draws was
the home’s floor area ratio – it would allow the owner
to double the size of the house if they wished. This
was so well-received by prospective buyers that the
home was embroiled in a bidding war after just one
week on the market. The new owner tell us he plans to
enlarge the house and put in every modern amenity
we could imagine.
Notable East Side Sale
MULTI-FAMILY
Multi-family East Side townhouse sales increased 29%
versus 2013. In 2014, four sales occurred over $10M,
compared to just one in 2013. Similar to single-family sales,
average size decreased by 18% while average sale price
increased by 30%, driving average price per square foot to
increase to a record high.
Multi-Family 2013 2014 Y/Y
Number of Sales 14 18 29%
Average Sale Price $6,196,000 $8,068,000 30%
Median Price $4,938,000 $6,125,000 24%
Average Size 5,071 4,173 -18%
Average PPSF $1,222 $1,933 58%
34th Street to 96th Street, East of Fifth Avenue
6. – 6 –
Corcoran Townhouse Report2014
SINGLE-FAMILY
The West Side was the only region to post positive growth
in the number of single-family sales versus 2013. Sales of
single-family townhouses on the West Side increased by
29%, nine of which were between $5M and $10M, up from
four in 2013. The increase in number of sales under $10M had
a negative impact on the average and median sale prices,
which decreased by 2% and 9% respectively, versus 2013.
West Side
Single-Family 2013 2014 Y/Y
Number of Sales 14 18 29%
Average Sale Price $7,837,000 $7,704,000 -2%
Median Price $6,700,000 $6,100,000 -9%
Average Size 5,955 4,208 -29%
Average PPSF $1,316 $1,831 39%
226 West 71st Street
Closing Price $14M I Closing Date 2.6.14
This beautiful West Side townhouse had received
not only a gut renovation, but two additional floors
on top of the structure, expanding the property to
9,000 square feet. The owner, French artist and
developer Norbert Waysberg, took great care over the
architectural details of the house, raising the quality
of the property to a very high level. While it was
listed on the market, Corcoran staged the property
with furniture and with the owner’s own paintings.
The romantic gesture of displaying his art paid off
unexpectedly when the buyer told us they wanted to
buy both the house and the painting that hung in the
foyer. We were happy that Waysberg’s artistic legacy
will continue in the townhouse in more ways than one!
Notable West Side Sale
MULTI-FAMILY
There were limited multi-family sales on the West Side
during 2014. Average price and price per square foot both
increased by double digits to 22% and 31%, respectively,
versus 2013.
Multi-Family 2013 2014 Y/Y
Number of Sales 11 9 -18%
Average Sale Price $4,376,000 $5,317,000 22%
Median Price $4,500,000 $5,050,000 12%
Average Size 4,290 3,994 -7%
Average PPSF $1,020 $1,331 31%
34th Street to 110th Street, West of Fifth Avenue
7. – 7 –
Corcoran Townhouse Report2014
SINGLE-FAMILY
All three price metrics increased in 2014 versus 2013.
Average price, price per square foot and median price
increased by 25%, 24% and 9%, respectively. The number
of single-family sales Downtown decreased by 5% versus
2013. Residences under $5M decreased by 15%. Sales over
$10M increased by 13%, putting upward pressure on average
and median price.
Downtown
Single-Family 2013 2014 Y/Y
Number of Sales 37 35 -5%
Average Sale Price $7,547,000 $9,443,000 25%
Median Price $6,650,000 $7,250,000 9%
Average Size 3,876 3,927 1%
Average PPSF $1,947 $2,405 24%
224 West 22nd Street
Closing Price $5.3M I Closing Date 1.31.14
Corcoran was thrilled to represent this spectacular
twenty-foot-wide townhouse in Chelsea. With its
beautiful entertaining space, a deep garden and an
impressive character reflective of historic New York,
the house was well-known in the neighborhood for
hosting fabulous soirees and good times. Now in need
of renovation, it had the advantage of offering its new
owners great expansion potential in an outstanding
location. Readily adaptable and free from landmark
restrictions, it was coveted by end users and developers
alike.Afteranoverwhelmingresponseandmanyoffers,
the seller decided to accept the enticing combination
of an all-cash offer and an excellent purchase price.
The property is now under development, with the final
product destined to be a showstopper.
Notable Downtown Sale
MULTI-FAMILY
Multi-family townhouses Downtown reached the highest average
sale price in history. Average price increased 74% versus 2013.
Average price per square foot increased by 66% versus 2013.
The number of sales overall decreased by 31% versus 2013, while
sales under $5M decreased by 35%. The increase in average
prices is directly related to the decrease in sales of lower priced
units and increased sales over $10M during 2014.
Multi-Family 2013 2014 Y/Y
Number of Sales 29 20 -31%
Average Sale Price $5,147,000 $8,943,000 74%
Median Price $4,650,000 $7,813,000 68%
Average Size 3,815 4,005 5%
Average PPSF $1,349 $2,223 66%
Below 34th Street
8. – 8 –
Corcoran Townhouse Report2014
SINGLE-FAMILY
The number of single-family townhouse sales Uptown
decreased by 22% versus 2013. The decrease came almost
exclusively in sales under $1M. In 2014, 93% of all sales were
over $1M, a major shift versus 2013 when only 46% were
over $1M. Average price and price per square foot increased
by 59% and 58%, respectively, to their highest levels ever.
Median price increased by 72% versus 2013 and 23% versus
the previous peak in 2012.
Uptown
Single-Family 2013 2014 Y/Y
Number of Sales 37 29 -22%
Average Sale Price $1,209,060 $1,922,000 59%
Median Price $995,000 $1,708,000 72%
Average Size 3,474 3,505 1%
Average PPSF $348 $548 58%
124 West 132nd Street
Closing Price $2.95M I Closing Date 11.12.14
The buyers of this townhouse told their agent that
they were set solidly on finding a property in need of
a total renovation. They were confident that only they
could make their dream residence a reality, and so
were focused on creating it from scratch, intending to
customize every detail. What they found at 124 West
132nd Street did not fit in with the plan. The house
had been completely overhauled from its roof to its
foundations to include a stunning owner’s triplex
featuring a tooled mahogany staircase, a full-floor
master suite, and a private roof deck. The buyers
protested until they crossed the threshold for their
first viewing, and were stunned to find that the level of
perfection achieved by the seller was precisely what
they’d been looking for.
Notable Uptown Sale
MULTI-FAMILY
The overall number of multi-family sales increased by 17%,
and sales over $2M increased by 4%. The slight increase in
number of sales over $2M helped facilitate the 9% growth
in average sales price and the 23% increase in median price.
Multi-Family 2013 2014 Y/Y
Number of Sales 86 101 17%
Average Sale Price $1,453,000 $1,590,000 9%
Median Price $1,200,000 $1,480,000 23%
Average Size 3,618 3,216 -11%
Average PPSF $402 $494 23%
Above 96th Street, East of Fifth Avenue and above 110th Street, West of 5th Avenue