Thursday, May 15, 2008
NEW YORK - Manhattan apartments hit fresh record highs in the first quarter of 2008. According to city's top real estate agencies, strong sales in the city's booming luxury segments have been the market's main driver, but that overall sales are slow. Demand is high and supplies are tight for multi-million dollar luxury apartments in Manhattan.
The average price of a New York City apartment ranges between $1.63 million to $1.72 million in the first quarter of 2008, according to separate reports, there is an increase of anywhere between 19% and 47% over average apartment prices for the first quarter of 2007. If two of the most elite addresses with units on the market are excluded - 15 Central Park West and the Plaza, the average prices came down to $1.42 million.
The average price of a New York City apartment ranges between $1.63 million to $1.72 million in the first quarter of 2008, according to separate reports, there is an increase of anywhere between 19% and 47% over average apartment prices for the first quarter of 2007. If two of the most elite addresses with units on the market are excluded - 15 Central Park West and the Plaza, the average prices came down to $1.42 million.
posted by We buy houses
@ 3:22 AM
permanent link | Post a Comment
|
0 Comments:
Post a Comment
<< Home