“Numbers to know” is a weekly web feature that catalogs the most notable, quirky and surprising real estate statistics. Long Island City’s waterfront gets a flea market, buyers pay greater attention to the resale value of homes and the price of Manhattan lofts skyrocket.
$2.25 million
Average sale price of a Manhattan loft in the first quarter of 2013 — a 20.3 percent year-over-year increase [Miller Samuel]
$378,000
Median sale price of a home for less than $1 million in Westhampton — the cheapest type of home in the Hamptons [Brown Harris Stevens]
114,875
Average construction employment in New York City for all of 2012 — a increase from 112,192 in 2011 [DOB]
55,000
Foreclosures nationwide in March, down from 66,000 in March 2012 [CoreLogic]
24,000
Square feet of the new LIC Flea & Food market coming to Long Island City’s waterfront this summer, which TF Cornerstone is co-sponsoring [TF Cornerstone]
349
Television projects that have applied to New York State’s film and television tax credit program during Governor Andrew Cuomo’s administration [Governor Andrew Cuomo’s Office]
81
Percentage of buyers who said the most important quality they consider when purchasing a home is the resale value [ADT]
12.5
Percentage of homes in Los Angeles near a park — the city was ranked the No. 1 U.S. city for moms [Redfin]
9
The average percentage price cut of apartments in Central Harlem — the neighborhood with the deepest price cuts in the first quarter of the year [StreetEasy]
3.25
Percentage of 30-year fixed mortgage rates, which are coming close to near historic lows [Zillow]