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Market Reports

Quarterly Sales Data

We are excited to announce the release of the Compass' latest Manhattan & Brooklyn Market Reports. These reports highlight the prevailing trends shaping the market from this past quarter and provides a glimpse into the research and data analytics in which Compass prides itself.

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Manhattan 4Q17

Manhattan 4th quarter 2017

In anticipation to sweeping changes to tax legislation, resale activity ramped up during the fourth quarter as buyers rushed to lock-in the full $1M mortgage interest deduction on new mortgage originations. Resale closings for condos and co-ops within the $1M - $3M price segment, where buyers could be most impacted by the new limit in mortgage interest deductions, increased 11% and 13% year- over-year, respectively. Furthermore, resale activity within the $500K - $1M price segment increased 21% year-over-year as potential buyers originally feared a mortgage interest cap of $500K... [READ MORE]


Brooklyn 3Q17

Brooklyn 3rd quarter 2017

Brooklyn continues to benefit from Manhattan “sticker shock” pricing as buyers closed on a near record number of contracts of 1,535, representing a 33% year-over-year increase, and was just shy of the all-time high record (1,544 closings) in 3Q13. Although it may be too early to tell, the looming closure of the “L” train has not had an affect on North Brooklyn (Williamsburg & Greenpoint) as it experienced a 77% Y-o-Y increase in closings coupled with a 1% increase in median price. New development closings continued to surge in the third quarter. High profile new developments such as 550 Vanderbilt, 184 Kent, and 50 Greenpoint contributed to the 34% year-over-year increase in the number of condo closings, though it should be noted that they are not indicative of the current market due to their delayed and often clustered closing schedules. Additionally, the supply of studios at 184 Kent and 550 Vanderbilt stimulated an impressive 37% year-over-year increase in the median condo studio closing price despite a 9% year-over-year decrease in the total number of studio closings... [READ MORE]

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Manhattan

 
 

Manhattan 4Q17

Manhattan 4th quarter 2018

You can download Compass Markets App for Real-Time market data. Mike & Marta are also happy to run numbers for you. 

 
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Inventory

*4Q17 Manhattan contracts signed through Sept 22nd

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Time on Market

By price category and major market (Closings)

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Contracts Signed

 

Q417 Contracts Data through December 21st

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Closings

Q417 Closing Data through December 21st 

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Price by Market

Median Pricing Figures


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Brooklyn

 
 

Brooklyn 3Q17

Brooklyn 3rd quarter 2017

You can download Compass Markets App for Real-Time market data. Mike & Marta are also happy to run numbers for you. 

 
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Inventory

*3Q17 Brooklyn contracts signed through Sept 22nd

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Time on Market

Time on market by price category and major market (Closings)

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Price by Market

Median Pricing Figures

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Closings

*3Q17 Manhattan contracts signed through Sept 22nd

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