9.5% of Manhattan Listings Are Priced Below What the Sellers Paid
So far this year, about 9.5% of Manhattan listings have asked prices that are below what their owners paid for them. The greatest number of those by far were purchased between 2014 and 2018. Those years, especially 2015, 2016, and 2017, represent the height of the market price-wise.
Of course, the majority of potential home sellers fall outside that relatively small window. And even if they don't, it doesn't necessarily mean they'll lose money. Our best advice is always to price for the current market, not the market you purchased during. You'll save time and probably end up with a higher sale price. As for buyers, you could find some nice deals out there.