getting a handle on recorded sales
Started by columbiacounty
over 16 years ago
Posts: 12708
Member since: Jan 2009
Discussion about
i recognize that this is a very rough calculation but based on SE recorded sales box for all of manhattan, here's what comes up. 30 days: 434 60 days: 1,1,31 or 697 not counting the last 30 180 days: 3,391 or 565 per month not counting the last 60 days 365 days: 11,616 or 1,559 per month not counting the last 6 months so recorded sales per month are down 38% vs a month ago and down 72% from the... [more]
i recognize that this is a very rough calculation but based on SE recorded sales box for all of manhattan, here's what comes up. 30 days: 434 60 days: 1,1,31 or 697 not counting the last 30 180 days: 3,391 or 565 per month not counting the last 60 days 365 days: 11,616 or 1,559 per month not counting the last 6 months so recorded sales per month are down 38% vs a month ago and down 72% from the six month average of July 2008-december 2008. this last number seems roughly in line with what is being reported; the surprising number to me is the 38% current month vs prior month reduction. obviously, could be something wrong with the numbers being presented on SE but is supported by various posters noting very slow activity. either there are a bunch of sales stacked up waiting to close or the supposed increase in sales never really happened. [less]
bump
cc, they're not added in a real-time way. by that i mean that on 6/19, for example, a bunch are added as recorded sales for 6/10. they don't show up until 6/19, but the accurate date of closing is available. Makes searching and reviewing them a real bitch.
your 60 day number removing the last 30 is about as accurate a real-time snapshot as you can get. and many of those apartments were never listed, so it can't be compared to inventory numbers available on an apples to apples basis.