Townhouse sales volume is always much lower than condo/co-op sales volume, largely due to limited inventory. In addition, townhouses tend to sit on the market for a longer period than the average apartment with comparable space. That said, last year was a record year for the Manhattan townhouse market which saw the highest number of closings in six years: a total of 221 closings! In comparison, there were 131 closings in 2020, the lowest number in a decade and 166 closings in 2019.
Read more in our Upper West Side Spring 2022 Townhouse Report
