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Manhattan Trends:
- Condo median price was 9% higher than last year, but average price was 10% lower. Co-op median price was 12% higher than October 2014.
- Manhattan contracts increased 22% from September, though sales were down from last October.
- At 6,180 listings total inventory is higher than last year but 2% less than October 2014.
Brooklyn Trends:
- Average sales price decreased 12% from last year and 14% from last month, ending the two and a half year streak of average annual price increase.
- Listed inventory saw a 6% increase in October compared to one year ago, and a 2% increase from September.
- October sales spent an average of 60 days on the market, up from 54 days last year.
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Filed under: Featured, Home Buyers and Sellers Tagged: manhattan apartment, manhattan co-op, Manhattan condo, Manhattan Real estate, manhattan real estate agent, New York city apartment, New York City Real estate
