It’s time to share my Three Cents Worth (3CW) on Curbed NY, at the intersection of neighborhood and real estate in the capital of the world…and I’m here to take measurements.
Check out this week’s 3CW column on @CurbedNY:
This week I took a look at Manhattan’s year-over-year listing trends by the number of bedrooms on a weekly basis. I threw in a few milestones using ridiculous artwork (hey, this is Curbed!) to help provide some context. To state the obvious, listing inventory is very volatile and there are periods of time where certain segments stray from the pack. It’s clear that the top end of the market (four bedrooms, pink line) strayed the most over the past few years as many owners tried to piggyback onto a handful of trophy sales…
[click to expand chart]
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My latest Three Cents Worth column on Curbed: Manhattan’s Stormy Listing Trend [Curbed]
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Manhattan real estate may not be a reflection of the rest of the country as it reflects some of the most expensive and desirable properties that are being bought by those that are not very effected by the economy as a whole.