“Numbers to know” is a weekly web feature that catalogues the most notable, quirky and surprising real estate statistics. Prices in Williamsburg are on the rise, the Gracie Mansion will host an awards show and more inventory is coming on the market.
$7 billion
The total volume of commercial property sold in Manhattan in the first quarter of 2013 — a 50 percent decline from the $14 billion in property sold in the fourth quarter of 2012 [Eastern Consolidated]
$1.17 million
Median listing price of an apartment Downtown — the neighborhood with the most expensive listings — in the first quarter of the year [StreetEasy]
35,000
Individuals the Hudson Square Connection business improvement district serves — the area is unveiling a makeover of the public space later today [Press Release]
8,628
Units in Mitchell-Lama affordable housing developments statewide that will be preserved under a transfer of the units’ loan portfolio [Governor Andrew Cuomo’s Office]
$1,100
Price per square foot for a well-located Williamsburg condominium [Marketing Directors]
302
Contracts over $4 million signed Downtown so far this year — the most of any neighborhood [Olshan Luxury Market Report]
88
Street number at East End Avenue — the Gracie Mansion — where Mayor Michael Bloomberg will host the “Made in N.Y.” awards on June 10 [Mayor Michael Bloomberg’s Office]
34
Percentage that home sales over $1 million increased nationwide in the first quarter of 2013 compared to the same quarter last year — a six-year high for luxury properties [Redfin]
18
Percentage increase in new listings that hit the market in April compared to the previous month [UrbanDigs]
10.5
Percentage that home prices increased nationwide in March compared to the same period in 2012 [CoreLogic]