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Manhattan Average Condo Prices Continue Decline | Print |  E-mail
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Apartments - NYC Real Estate News
Tuesday, 30 November 1999 00:00
Thu Nov 10, 2005

Today's NY Post, citing a report from one of Manhattan's well known brokerage houses, reports that :

"Median and average apartment prices fell 4.2 percent and 8.4 percent, respectively, from the end of September, and a whopping 15.9 percent and 18.3 percent since June."

The report, credited to Halstead Properties, "attributes the continuing downswing primarily to "a lack of closed sales at the high end of the market [that] kept the average sale price down in October, which at $1,088,941 was only 1 percent higher than a year ago."

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