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Manhattan new development sales push average prices to their peak

The average condominium price in the Big Apple is now over $3 million for the first time in history, driven by sizable high-end Manhattan new development closings in the third quarter, according to a new report...
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Manhattan sales prices get an artificial boost from sales at new condo developments

United States / New York : Crain's New York Business

The sale of new-development condos in Manhattan pushed prices higher in the second quarter of 2016, according to a Douglas Elliman Real Estate report released Friday. The median sales price rose... To view the full story, click the ...

Ka-Ching! Report Says NYC Apartment Market Set Records in 2014

Business & Finance / Real Estate : Developments -

The Manhattan condominium and co-op apartment market is setting numerous new records in 2014 partly thanks to high sales of units costing more than $10 million, according to a new report. The average sales price for co-ops and condo...

The Average Home Sale Price In Manhattan Is Now $1.87 Million

United States / New York : Gothamist

The average home sale price in Manhattan is now about $1.87 million, according to new real estate reports documenting sales prices in 2015's second quarter. That's the highest average selling price the borough's real estate market h...

Average Manhattan condo sells for nearly $2 million

Real Estate / Real Estate Industry News : Inman News

Two reports show that while condo closing volume declined in Manhattan by 10 percent to 20 percent during the second quarter, median and average sales prices rose by 6 percent to more than 11 percent spanning the past 12 months. The...

NYC rent and sale prices hit peaks at close of 2015

Real Estate / Real Estate Industry News : Inman News

For the first time in history, the median resale price in Manhattan surpassed $1 million, according to website StreetEasy. In its recent Quarterly Market Report, StreetEasy highlights Manhattan hitting $1,002,008, marking 7.1 percen...


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