The Manhattan Inventory Report for 6/7/2013

The Manhattan Inventory Report for 6/7/2013

 State of the Market

So the streak ended on Wednesday, 6/6 (No I didn't take the day off because the trend was interrupted lol) as inventory increase from 4741 to 4749. The respite was short-lived as yesterdays data show a larger drop of 14 units to a new low for this move. So there are 4735 units available for sale in Manhattan. The lowest recorded number in the last 5 years is 4491 recorded in Late December 2012. It also must be noted that the 5 year low came at the slowest listing period of the year, just after the holidays. We are in the late in the spring selling season, inventory should be much higher.

The Manhattan Inventory Report for 6/7/2013

All data courtesy of Urban Digs