halstead: 1Q17 Manhattan Market Report
- 04/04/17 08:48 AM
The Manhattan apartment market rebounded in the first quarter, as both prices and the number of sales rose for resale apartments compared to a year ago. The average resale price rose 5% to $1,561,911—its highest level since the second quarter of 2015. A new record was set for the resale median price, which at $955,000 was 3% higher than 2016’s first quarter. There were 1,795 resale closings reported in the first quarter, which was 5% more than a year ago. Including new developments, the average price for all apartments reached a new record of $2,174,105. The median price for all apartments of … (1 comments)
halstead: Just Published: Halstead Annual Report 2003-2016
- 03/31/17 01:42 PM
Over the past 14 years, Halstead has offered the most comprehensive annual report available on the Manhattan apartment market. Over 200,000 verified sales are included, a number of which were recorded after our quarterly market reports were released. Also provided is a summary of relevant economic indicators, including data on employment, Wall Street, building permits and interest rates. Highlights in the report: • Manhattan apartment prices averaged a record $2,063,252 in 2016, 14% higher than the prior year. • New developments were solely responsible for the increase in average price, as resale prices declined slightly last year. • The average new development price … (1 comments)
The Manhattan apartment market rebounded in the first quarter, as both prices and the number of sales rose for resale apartments compared to a year ago. The average resale price rose 5% to $1,561,911—its highest level since the second quarter of 2015. A new record was set for the resale median price, which at $955,000 was 3% higher than 2016’s first quarter. There were 1,795 resale closings reported in the first quarter, which was 5% more than a year ago.
;)
;)
;)
