manhattan real estate agents: Manhattan 4th Quarter 2011 Market Report - 01/07/12 07:08 PM
Over the past year, a sharp decline in condo sales lowered the overall average and median Manhattan apartment sales prices over the past year.
Condo closings feel 24% from the 4th Q2010 accounting for only 40% of all apartment sales.
The economic and financial turmoil that began in the late summer led to fewer transactions than a year ago.
While there was stagnation in hiring recently, New York’s recovery remains well ahead of schedule. This combined with a relatively low rate of available apartments has led the Manhattan market to continue to outperform the rest of the nation.
Click Here to … (0 comments)
|
manhattan real estate agents: 2nd Quarter Market Report - 07/31/08 10:04 AM
2nd Quarter 2008 Halstead Property Market Report
While the luxury market played a large role in increasing the value of the real estate market. The sales from those apartments have continued to aide the market, even as the national business media focuses on the ailing national economy.
Manhattan condo sales have slowed and inventory has grown, leaving developers to negotiate but not slash prices. The Upper East Side has seen fewer increases compared to more popular and trendy neighborhoods.
Those who want to live on the Upper West Side are being priced out and looking farther north.The greatest price cuts were … (0 comments)
|
|
|
|
;)
;)
;)
