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The Quarter in PriceChops

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Not to be left out of the in crowd, StreetEasy has also released its fourth-quarter Manhattan market report, and it's more of the inventory up, sales volume down doom-and-gloom seen elsewhere. One fun wrinkle is StreetEasy's price cuts data: "This quarter, there were over 1,900 price cuts in available listings for condos, a 34.1% increase since last quarter but more than 2.5 times the number of cuts since last year. Co-ops had a 42.3% increase in the number of price cuts, to just over 2,300 listings. The average price cut this quarter for condos was 8.4%, while the average cut for co-ops was 8.2%." [StreetEasy; warning: PDF]