"Buyers have realized meaningful price reductions since last year".
The 3rd quarter Corcoran Report analysis of the Manhattan housing market is now available. The Corcoran Report, in collaboration with Property Shark, is the industry standard for measuring the pulse of the real estate market. Click links or picture for full report.
Median price came in at $799,000, down 18%, with price per square foot falling 14% to $1,012.
Courtesy of: Mitchell Hall, Associate Broker, The Corcoran Group