nyc BLOG estate

nyc BLOG estate

Manhattan Monthly Market Report | April 2013

Manhattan Monthly Market Snapshot | April 2013

Condo and coop sales were very strong this April with the highest number of contracts signed
in the last six years. Contract activity increased 25%for condominiums and 24% for co-ops year-over-year.

Average sale price was up 11% for condos and 21% for coops in April 2013 compared to last year. 

Condo average per square foot increased 11% compared to last year. Average price per square
foot increased in every bedroom category compared to 2012 with the greatest  gains for two bedrooms.

Strong demand, limited inventory and  high prices for new developments attributed to increases.
                                                                                                                                                                                                                         





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