4th quarter: 4th Quarter 2010 Manhattan Sales Market Report - 01/16/11 10:05 AM
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 … (0 comments)

4th quarter: 4th Quarter, 2008 Market Report - 01/14/09 05:57 AM
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.
 
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Ross Ellis

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