The Upper West side townhouse market has seen increasing inventory over the last several months and fewer and fewer sales. In the last 3 months, 22 new listings have come on the market.
| Last 3 months | ||||
| # Sales | Average/month | Low price | High price | Inventory |
| 8 | 2.7 | 3.9 million | 9.25 million | 24 months |
The next table shows all 8 sales in the last 3 months, with sale price and price per square foot.
| Address | Sale Price | PPSFT | |
| 308 | W 90 ST | $3,900,000 | $955 |
| 112 | W 75 ST | $4,500,000 | $649 |
| 113 | W 75 ST | $5,000,000 | $789 |
| 47 | W 95 ST | $5,399,157 | $1,342 |
| 16 | W 88 ST | $8,000,000 | $1,399 |
| 161 | W 91 ST | $8,072,000 | $2,026 |
| 316 | W 88 ST | $8,375,000 | $1,560 |
| 43 | W 76 ST | $9,250,000 | $1,357 |
Interestingly enough half of the sale recorded in the last 3 months for Upper West side townhouses were for <$5.5 million and the other half roughly between $8 million to $9.3 million. No sales were recorded above $10 million in the last 3 months and only 2 this year.
Currently at $10 million and up, there are 25 listings available which confirms that this segment of the market is deeply in a buyers market.
Below $10 million, there are 40 listings available on Manhattan’s upper west side. So if you segment the market to below $10 mm then the inventory level looks more like it will last about 15 months which is still a buyer’s market.
Spring 2018 Upper west side townhouse report
The Author- 
Brian Silvestry , a licensed real estate broker, has been selling residential and commercial real estate since 1999. He has sold in every neighborhood from Battery Park City to Washington Heights.
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