Showing posts with label transactions. Show all posts
Showing posts with label transactions. Show all posts

Monday, January 31, 2011

New York Property Report 4Q 2010



* Median property prices up 3% to 11% depending on which report you read.  Median price $845,000.
* Average price up as much as 14% driven by properties $3 million and above.
* Still lower than peak of 2008 but higher than bottom of 2009.
* Returning to normal (not crazy) growth rate.  Expect slow and steady appreciation.