The latest batch of reports found that average Financial District rents topped $4,000 for the first time, Williamsburg home sales soared 269 percent over the last decade and Manhattan’s average price per square foot was down in Q3.
Q3 2015 Manhattan and Brooklyn new developments: Halstead Property Development Marketing
The number of new luxury development units priced $5 million and above in Manhattan is declining. Read the full report here.
Q3 2015 Manhattan sales: Douglas Elliman
More than half of all residential properties across Manhattan traded at or above asking price during Q3. Read the full report here.
Q3 2015 Financial District residential rentals and sales: Platinum Properties
Rents in the Financial District exceeded $4,000 for the first time, and grew six percent from the second quarter. Read the full report here.
First half of 2015 Manhattan condo sales: Corcoran Sunshine Marketing Group
The average price per square foot for new condos was down during the first half of the year from $2,303 in 2014 to $2,250 in the first six months of 2015. Read the full story here.
Q3 2015 Manhattan sales: BOND New York
Pending sales are down just over 20 percent in Q3 compared to the previous quarter. Read the full report here.
Manhattan luxury contracts Sept. 21-27: Olshan Realty
The September holidays slowed buying in the Manhattan luxury residential market, and only 10 contracts were signed in the third week for apartments priced $4 million and above. Read the full report here.
10-year review of NYC home prices: PropertyShark
Williamsburg’s average price for condos, co-ops, single-family and two-family homes soared 269 percent over ten years from $275 per square foot in 2004 to $1,015 in 2014. Read the full story here.