Inventory
Started by dhs
almost 19 years ago
Posts: 9
Member since: Apr 2007
Discussion about
Is it just me or does it seem like inventory is down in the city?
There really is never all that much available. Manhattan vacancy rates have fluctuated between less than 1% and 1.5% for a few years now.
GOOD inventory is down. Still lots of average or overpriced properties out there - just look at some of the older listings on Streeteasy. In our experience looking at Manhattan condos over the past 6 months, there was a definite decline in good inventory at the end of spring. Could be a summer slow down or something more long-term.