Manhattan, New York real estate, one of the world's best investments. Buying the right condo, renting out to tenants and eventually selling. By Weimin Tan, top Manhattan agent with media interviews by CNBC, CNN, New York Times, WSJ. Ex-Citibanker, originally from Malaysia, Manhattan resident since 1999, fitness enthusiast. tan@castle-avenue.com
Tuesday, April 3, 2012
Manhattan condos up 8.3% in Q1 2012
Just released Q1 2012 Manhattan market report shows Manhattan condo average price per SF at $1,317, up 8.3% vs last year. Average price was at $1.86m, up 9.2%.
In the luxury market, defined as the top 10% of sales, average price was $5.56m, up 8.7% while average price per SF was $2,073, up 9.2%.
Labels:
condo,
manhattan,
market report,
Q1
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