The last quarter of 2010 in Manhattan real estate market will be known for the year of luxury as homes of $3 million and up and were popular sales in last quarter of 2010.
Prices for Manhattan apartments continued to edge upward, as their average sale price of $1,432,787 was 8% higher than a year ago. This marked the sixth straight quarter that the average price has risen.
While the number of recorded transactions fell 25% from a year ago, the fourth quarter of 2009 was uncharacteristically busy due to pent-up demand after the collapse of Lehman Brothers had frozen the market earlier that year.
To view the 4Q 2010 Market Report Click Here
Showing posts with label 4th quarter. Show all posts
Showing posts with label 4th quarter. Show all posts
Sunday, January 16, 2011
Sunday, February 15, 2009
4th Quarter, 2008 Market Report
While real estate could be better across the country,the average price for Manhattan apartments only fell 2% from the 3rd Quarter of 2008.
Apartments sold during the 4th quarter spent 16 days longer on the market than a year ago, a 19% increase. Sellers received a bit under 95% of their asking price down from almost 98% in the 4th quarter of 2007.
I offer you the market report for 4th Quarter, 2008.
Apartments sold during the 4th quarter spent 16 days longer on the market than a year ago, a 19% increase. Sellers received a bit under 95% of their asking price down from almost 98% in the 4th quarter of 2007.
I offer you the market report for 4th Quarter, 2008.
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