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 Ohio local governments and schools have a relatively new option for investing money through the state. Full Story
Image1 The release of the new Apple iPhone 6 Friday attracted large crowds to cell phone stores across the country, including the Verizon store on Lexington-Springmill Road in Ontario. Full Story
 
Image1 Ontario High School has a new and unique way of revving-up spirit on Fridays before home football games. Full Story
Image1 As part of the Kennedy Center’s Partners in Education program, teaching artist Karen Erickson will visit Mansfield to lead the Kennedy Center’s workshop, “Who’s the Hero? Confronting Bullying Through the Arts.” Full Story
  MORE NEWS
 

Free confronting bullying workshop offered for teachers

More News