Manhattan Condo Historical Price Trend

 

Graph above shows historical appreciation trend of Manhattan residential condominiums in terms of average price per square foot. In Q2’2021 and Q3’2021, prices increased to $1,921 and $1,881 per sqft respectively. Sales volume in Q3 was the highest in 32 years, driven by low mortgage rates, pent up demand from 2020 and reopening of the New York economy. Read full article here: Manhattan Condo Historical Price Trend

About:  
Wei Min Tan is a Manhattan, New York property broker focusing on global investors of Manhattan condominiums.  Wei Min has been interviewed by CNBC, CNN, Wall Street Journal and New York Times on the Manhattan property market.  Wei Min can be reached at tan@castle-avenue.com