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

 

 

 
 
 
   
   
  Originally Published on: 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 A statewide conference of 125 nursing college faculty members was held Friday in Mansfield. Full Story
Image1 $1000 worth of vote was donated Friday to Catholic Charities HOPE Food Pantry on Park Avenue East in Mansfield. Full Story
 
Image1 Economic development is happening in Ontario, in the form of three new restaurants preparing to move into vacant buildings. Full Story
Image1 Drunk and distracted driving caused a fatal car-motorcycle crash Thursday morning in the parking lot of Pioneer Career and Technology Center. Full Story
  MORE NEWS
 

Pioneer Students Stage Mock Crash

Surveillance Video Captures Man Stealing Donation Jar

Richland Co. Commissioners Proclaim May Drug Court Month

More News