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 Market Reports. Show all posts
Showing posts with label Market Reports. Show all posts
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First Quarter 2008 Market Report
The average Manhattan apartment price jumped 47% over the past year to a record $1,690,995 as a result of an increase in luxury sales. Apartments priced at over $10 million rose 318% from the first quarter in 2007. Closings at 15 Central Park West and the Plaza played a large role in the price increase.
Manhattan Coop prices averaged $1,333,431 - 34% higher than one year ago. Average Manhattan condo sales increased 52% over the past year to $1,997, 108.
View Halstead Property's First Quarter 2008 Market Report
Manhattan Coop prices averaged $1,333,431 - 34% higher than one year ago. Average Manhattan condo sales increased 52% over the past year to $1,997, 108.
View Halstead Property's First Quarter 2008 Market Report
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