The average sale price surpassed $2 million for the first time, reaching
$2.089M, up 8% from last quarter
and 15% from last year.
Manhattan Market Report | 1Q- 2016
Average price per square foot also reached a record high, up 5% from last quarter’s record to $1,832 per square foot. All bedroom sizes had increases in median price, lead by three+ bedroom residences with a jump of 30% from last year.