WMFD TV

Search Archive WMFD.com News

www.wmfd.com - Home prices in other parts of the country are still 20 percent below their housing boom peak. }}" />

   
 
 
Manhattan Median Home Prices Soar To $972,000

Story By: Larry Stine

 

 

 
 
 
  Email Story to Friend
   
  Original Published: 4/4/2014

Home prices in other parts of the country are still 20 percent below their housing boom peak. But demand for large, luxury apartments has helped home prices in Manhattan almost fully recover from the housing bust. During the first quarter, the median sales price for a condo or co-op in Manhattan rose more than 18 percent year-over-year, to $972,000. That's according to real estate company Douglas Elliman. Elliman, along with brokers Halstead Property and Corcoran Group, have reported sales volumes in Manhattan was up 25 percent or more in the first quarter. And inventory still remains very tight, with homes often being snapped up in bidding wars.

   
  MORE RECENT NEWS
 
Image1 67, five and six-year-olds have the education they'll need to lead long, safe lives. Full Story
Image1 PIONEER WELCOME WEEK Full Story
 
Image1 You're asked to dress for a family-friendly atmosphere if you attend the Richland County Fair next week. Full Story
Image1 As the start of the school year approaches, Clear Fork Board of Education members are meeting to make sure loose ends are tied up. Full Story
  MORE NEWS
 

Clear Fork Substance Abuse Policy Updated

Mansfield Sex Offender Fugitive Arrested In Cleveland

Mansfield School Board Approves Permanent Appropriations

Jazz Dance Camp Underway At Richland Academy Of The Arts

More News