Manhattan RealEstate Fun Facts For 1st Q. of 2013

Manhattan RealEstate Fun Facts For 1st Q. of 2013

$1.05 million
Average sales price of a Manhattan apartment, cooperative ownership in the first quarter of 2013; the average price of a Manhattan condo was $1.82 million

Number of new listings in the first quarter, down 4 percent year-over-year

Number of apartments that had price cuts in the first quarter, a 41.3 percent year-over-year decrease

Average price per square foot of a Manhattan townhouse in the first quarter, a 28.64 percent year-over-year increase

Number of apartments in the Upper East Side sold in the first quarter — the highest number of any neighborhood

Percentage of Americans polled in a national survey who consider home ownership important to them

Percentage of vacant space in Manhattan office buildings during the first quarter

Percentage increase in G train riders from 2011 to 2012 — more growth than any other subway line

Months it would take to sell all the apartments in Manhattan listed for under $500,000. The number a year ago: 7.7 months

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Further Reading:  How to Buy an Apartment in Manhattan and Get the Best Interest Rate

The Importance of Finding the Best Representation When Buying Real Estate for Sale in Manhattan

What Home Buyers Should Consider When Deciding What Type of Manhattan Housing to Buy

Work with a trusted, Luxury Manhattan real estate broker specializing in Manhattan aptsNYC brownstones, and dog friendly apartments for rent & sale:

Soho LoftsTribeca Condos - WestVillage Apartments - Upper East Side NYC Apartments-Upper West Side Apartments Battery Park City Apartments -Chelsea ApartmentsGramercy Apts - Midtown East NYC - Midtown West NYC - Murray Hill in NYC - Lower East Side NYCEast Village Apartments

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