Market Overview March 2008

By
Services for Real Estate Pros with Avalon Real Estate Agency

The first quarter is almost over and here is where we stand on prices. 

I thought it might be interesting to pass the market stats for Manhattan Sales.

Average listing prices :

Studios $636,942

One Bedrooms $938,994

Two Bedrooms $1,703,963

Three Bedrooms $3,229,273

 

 

The address everyone seems to want is UES. Here are some sprinklings of listing available now...

Rentals:

Studio on East 81st $1725

Studio on East 74th $1750

1 Bedroom on East 85th $1975

2 Bedroom on East 84th $2695

Sales: 

The Henry T. Sloane Mansion on East 68th $64,000,000 

Well you get the idea, the market has slowed but the bubble hasn't burst :)

 

 

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