Manhattan Luxury Market Report


Manhattan’s luxury market is defined as the top 10% of all co-op and condo transactions. During First Quarter 2012, an international buyer set a new Manhattan sales record with a purchase price of $88 million or $13,049 per square foot. This sale, amongst numerous others in the eight figure range, including a $42 million sale on Fifth Avenue, proves that the high end of the market continues to thrive. Luxury median price increased 10% from a year ago and 11% from last quarter to $4.55 million. Luxury average price per square foot increased 13% from a year ago and 10% from last quarter to $2,171 per square foot.

 

Manhattan Luxury Market Report - 1Q-2012 

If you have questions about this report or about Manhattan real estate in general, I'm ready to provide you with expertise and seasoned insight. Looking forward to working with you.

 

Full Manhattan Market Report First Quarter 2012

Comprehensive Market Analysis of the Manhattan real estate market

 

 

 
   

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©Mitchell Hall 2006-2013

All content/images, unless noted, are the property of Mitchell Hall & may not be used without permission. 

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This post has been included in New York Real Estate News New York County, NY Real Estate News Manhattan, NY Real Estate News
Post is included in group: Market Reports
Post is included in group: THE LANGUAGE OF LUXURY
Post is included in group: LuxuryRealEstate.com Network For ActiveRain Members
Post is included in group: International Real Estate
Post is included in group: Luxury Home Agents

2 Comments on Manhattan Luxury Market Report | First Quarter 2012

APR
05
2012
891,152 Points Outside Blog Called Shot Master

Mitchell - Thank you for sharing detailed quality information on Manhattan Luxury market report, first quarter 2012.
11:30am • #1
APR
06
2012
389,293 Points 21 Featured Posts Outside Blog Called Shot Master

Mitchell, very impressive, nothing like NYC Real Estate!
6:07pm • #2


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Mitchell Hall ~ Licensed Associate RE Broker, Manhattan, NYC Real Estate (The Corcoran Group) Rainmaker_large

Mitchell Hall ~ Licensed Associate RE Broker

Manhattan, NYC Real Estate

Manhattan, NY

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