The Real Deal New York

Numbers to Know: NYPD’s new digs, protracted Internet home searches … and more

By Hayley Kaplan | March 28, 2013 02:30PM

“Numbers to know” is a weekly web feature that catalogues the most notable, quirky and surprising real estate statistics. Central Park’s NYPD precinct gets a facelift, online searches delay home purchases, and buyers pay top dollar for uncompleted spaces. See this week’s countdown after the jump.

U.S. home values in February — a 5.8 percent year-over-year increase and the second largest annual gain since August 2006 [Zillow]

Sales of newly built, single-family homes in February — a 4.6 percent decline from January [NAHB]

Foreclosures nationwide in February — a 19 percent year-over-year decrease [CoreLogic]

Additional square feet in the newly-renovated New York Police Department station in Central Park, which marked its completion this past week [NYPD]

Average price per square foot of a Brooklyn condo — a 4.1 percent increase from just three months ago [CityRealty]

Average days on the market for New York apartments since they were first listed [Corcoran Group]

Individuals who will be relocated after a Queens landlord was charged with endangering their lives by illegally converting four houses into single-room occupancy residences — the landlord faces up to seven years in jail and a $1.6 million forfeiture lawsuit [Queens District Attorney]

Manhattan condos asking $4 million or more sold in the week of March 18 in buildings that will not be complete for two to three years [Olshan Luxury Report]

Multifamily transactions completed in New York City in January — a 34 percent decrease in transaction volume compared to January 2012 [Ariel Property Advisors] 

5.52 percent
Rate of New York-area foreclosures among outstanding mortgage loans in January — a 0.07 percentage point decrease from January 2012 [CoreLogic]

Weeks it took for buyers to find a home who did not search online — it took buyers who used the Internet three times as long [Doorsteps]