[Concession Compression] 4Q 2010 Manhattan Rental Market Overview Available For Download
Posted by Jonathan J. Miller -Thursday, January 13, 2011, 2:57 PM
1 Comment
The 4Q 2010 Manhattan Rental Market Overview , part of a report series that we have authored for Prudential Douglas Elliman since 1994, was released today.
Here’s an excerpt from the report:
The median rent of a Manhattan property edged 1.7% higher to $2,950 from the same period last year and saw a seasonal decline of 1.7% from $2,900 in the prior quarter. Listing inventory dropped 26.1% over the year, consistent with a 32-day decline in days on market to 44 days. This is less than the 60 day average over the past decade and also consistent with the sparing use of concessions over the past several quarters.
You can build some cool custom data tables and view charts with the current data.
Also check out my recap of the report on The Housing Helix Podcast and interviews with other housing related experts.
Other reports we prepare can be found here.
4Q 2010 Manhattan Rental Market Overview [Miller Samuel]
4Q 2010 Manhattan Rental Market Podcast [The Housing Helix]
Manhattan Rental Market Charts [Miller Samuel]
Manhattan Rental Market Aggregate Data [Miller Samuel]
Great–thanks for the post. I like how you can build the custom tables and charts–very helpful.