What looked like a trend in formation six weeks ago now seems confirmed: Manhattan Village will likely see more sales this year than in any year in the past decade.
The 2005 sales total of 37 could even be approached or exceeded. Give it time.
Right now we see a total of 13 closed sales, 5 pending and 11…
What looked like a trend in formation six weeks ago now seems confirmed: Manhattan Village will likely see more sales this year than in any year in the past decade.
The 2005 sales total of 37 could even be approached or exceeded. Give it time.
Right now we see a total of 13 closed sales, 5 pending and 11 active listings. Shortly, Dave will post a new Village listing, also. This will put the total of inventory, pendings and sales at 30 for the year. (Update: That listing is 26 Dover Place and is up now.)
If all of those sell within 2014, the total will exceed 2012's by a bit.
We first spotted this trend back in late May and discussed it in "Banner Year for the Village?"
As we noted then, the highest totals of sales in recent years were:
- 2000: 49 sales
- 2002 & 2003: 43 sales
- 2005: 37 sales
You never know what kicks up a trend in sales like this, but it can't hurt that the larger 3br townhomes and some SFRs in the Village are seeing the highest sales prices ever.
Just yesterday, the sale at 13 Bridgeport (SFR, 3br/2ba, 3300 sq. ft.) closed for $2.300M, the highest price for a Village SFR by $100K, and the only sale over $2M since 2007.
Meantime, all of the priciest sales of townhomes within the Village have occurred within the last several months:
Before those, not once had a single Village townhome ever sold for more than $1.411M.
Please see our blog disclaimer.
Listings presented above are supplied via the MLS and are brokered by a variety of agents and firms, not Dave Fratello or Edge Real Estate Agency, unless so stated with the listing. Images and links to properties above lead to a full MLS display of information, including home details, lot size, all photos, and listing broker and agent information and contact information.
Based on information from California Regional Multiple Listing Service, Inc. as of December 6th, 2023 at 10:31am PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
