The 2Q 2006 _Manhattan Market Overview_ that my appraisal firm, [Miller Samuel](https://millersamuel.com), prepares for [Prudential Douglas Elliman](http://www.prudentialelliman.com), was released today. Each quarter I place links throughout the day of publication to make it easy to compare how each media outlet (big and small media, blogs) presents the exact same set of data.
Even more interesting to me is how the other real estate brokerage companies who write alternative reports, frame their comments in the articles. While I have not had access to their specific results, I understand that some of the statistics such as average sales price, differed from the results in our report. Some of the reporters that cover the real estate market in New York have expressed frustration at trying to discern what actually happened this quarter.
To view the actual [data](https://millersamuel.com/data) and [charts](https://millersamuel.com/charts) (going live by noon Friday 7-7-07). The [actual report pdf will be available next week](https://millersamuel.com/reports).
This list is _in no particular order_ and were generally presented when I found them. I included some of the duplicate news feeds because I found it interesting who picked up the story. I will keep adding to the list through the remainder of the week.
[Little Shift in Prices of Manhattan Apartments [NYT]](http://www.nytimes.com/2006/07/06/nyregion/06real.html?_r=1&adxnnl=1&oref=slogin&adxnnlx=1152176161-iZAH5p72OAppi6NxdAtzWg)[Manhattan Has Most Apartments for Sale Since 1994, Report Says [Bloomberg]](http://www.bloomberg.com/apps/news?pid=20601103&sid=aU4XFcYKAYTE&refer=us)[Mixed messages on Manhattan home prices [CNN/Money]](http://money.cnn.com/2006/07/06/real_estate/manhattan_prices_iffy/index.htm)[Manhattan apt. price hits record [NY Daily News]](http://www.nydailynews.com/business/story/432702p-364622c.html)[Disparities in Manhattan apartment prices show a market that is neither booming nor busting [NY Newsday]](http://www.newsday.com/business/ny-bzreal064807760jul06,0,5664699.story?coll=ny-business-print)[Condo Expectations May Be Rethought As Prices Plunge [NY Sun]](http://www.nysun.com/article/35479?page_no=1)[Manhattan apartment prices leap despite sales drop [Reuters]](http://today.reuters.com/news/newsArticle.aspx?type=businessNews&storyID=2006-07-06T043417Z_01_N05280414_RTRUKOC_0_US-PROPERTY-NEWYORK.xml&archived=False)[Manhattan real estate inventory grows [Inman]](http://www.inman.com/inmannews.aspx?ID=54094)[NYC Housing Prices Keep Climbing [TheStreet.com]](http://www.thestreet.com/_googlen/markets/realestate/10295183.html?cm_ven=GOOGLEN&cm_cat=FREE&cm_ite=NA)[Manhattan condos again outsell co-ops [The Real Deal]](http://www.therealdeal.net/breaking_news/2006/07/05/1152132992.php)[Sales drop, prices rise in Manhattan market [The Real Deal]](http://www.therealdeal.net/breaking_news/2006/07/05/1152132992.php)[2nd Quarter 2006: “The Boom is Done” [The Real Estate]](http://therealestate.observer.com/2006/07/2nd-quarter-2006-the-boom-is-done.html)[Manhattan housing prices up [USAToday (Miller Samuel)]](https://millersamuel.com/press/view.php?V=1152198047iISSF)[Brokerages Submit Reports, Hope to Avoid Summer School [Curbed]](http://www.curbed.com/archives/2006/07/06/brokerages_submit_reports_hope_to_avoid_summer_school.php)[Manhattan Apartment Price Hits Record Highs [All Headline News]](http://www.allheadlinenews.com/articles/7004134834)[Investing: Rising rates depress N.Y. apartment sales [IHT]](http://www.iht.com/articles/2006/07/06/bloomberg/bxinvest.php)
_Duplicate News Feeds_[Sales mellow in Manhattan [Houston Chronicle]](http://www.chron.com/disp/story.mpl/business/4032692.html)[Manhattan apartment prices leap despite sales drop [Yahoo News]](http://news.yahoo.com/s/nm/20060706/us_nm/property_newyork_dc_1)[Manhattan has most apartments for sale since 1994 [The Journal News (Westchester, NY)]](http://www.thejournalnews.com/apps/pbcs.dll/article?AID=/20060707/BUSINESS01/607070354/1066)[Manhattan apartment prices leap despite sales drop [Washington Post]](http://www.washingtonpost.com/wp-dyn/content/article/2006/07/06/AR2006070600030.html)[Sales of Manhattan apartments falling [Sun-Sentinel]](http://www.sun-sentinel.com/business/local/sfl-zmanhattan07jul07,0,5055822.story?coll=sfla-business-headlines)[Apartments On The Market In Manhattan Hit 12-Year High [Tampa Tribune]](http://www.tbo.com/news/money/MGBCJ39UBPE.html)[Manhattan apartment prices leap despite sales drop [MSN Money]](http://news.moneycentral.msn.com/provider/providerarticle.asp?feed=OBR&Date=20060706&ID=5845905)[Manhattan apartment prices leap despite sales drop [7KPLC (Lake Charles, Louisiana)]](http://www.kplctv.com/Global/story.asp?S=5117604&nav=0nqx)[Manhattan apartment prices leap despite sales drop [Wave3 (Louisville, Kentucky)]](http://www.wave3.com/Global/story.asp?S=5117604&nav=0RZF)
Here are a handful of radio and tv spots as well – more to come.
[[Bloomberg TV]](https://millersamuel.com/press/view.php?V=1152217584nZZzm)
[[WPIX WB11]](https://millersamuel.com/press/view.php?V=1152205902HyQln)
[Morning Call [Bloomberg TV]](https://millersamuel.com/press/view.php?V=1152206175xZucz)
[Bloomberg Morning Markets [Bloomberg TV]](https://millersamuel.com/press/view.php?V=1152206399USXHi)
[Squawk Box [CNBC]](https://millersamuel.com/press/view.php?V=1152206542EnnNB)
[News at Ten [WB11]](https://millersamuel.com/press/view.php?V=1152400841fiAje)
[News at 5 [Fox 5]](https://millersamuel.com/press/view.php?V=1152401325YefhA)
4 Comments
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I also saw something in USA Today, although I don’t believe they posted it online. They pointed out that, while the median price is up, inventory is also up and sales are taking longer.
Wait, isn’t the most important statistic the one that says the number of condo sales were down 15%, compared to second quarter, 2005?
Or, was that decrease in condo sales offset by an increase in co-op sales?
I don’t see much in any of these reports about actual number of sales, only about average price of properties and inventory levels.
Thanks!
The Aggregate Data Search Engine on the Miller Samuel website is an excellent analytic tool.
Is this data dated from the closing date or contract date? If so, there could be a significant time lag from contract to closing date. Is there any data on the lag between contract and closing date? Could it be as much as 3 months? It took me more than 1 month to close from contract signed in early may ’06… but i’m just one data point.