manhattan residential sales prices up: Manhattan Residential Sales Up 4 Percent: 2nd Quarter 2011 Market Report - 07/03/11 06:19 PM
After a slight drop in prices at the beginning of the year, the Manhattan real estate market has stabilized in the past three months, with prices rising slightly and sales volume increasing with an expected spring surge in home buying.
Market reports that the city's largest brokerage firms released today showed that the increase in the average sale price was largely attributed to more robust sales of larger and more expensive apartments, while studio and one-bedroom sales lagged slightly.
The 2nd Quarter 2011 market reports were release today by all of the major residential firms in Manhattan showing the average Manhattan … (0 comments)