The average price per sqft for a condo in Q1’2022 was $1,992. It went up by 16.2 percent versus last year and 0.2 percent versus the last quarter. The number of sales went up to 1,647, 51.7 and 0.3 percent higher compared to last year and last quarter respectively. The months of supply was at 6.2 months, 35.4 percent lower than last year.
Read full article here: April 2022 Manhattan Property Market Update
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
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