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

Enter To Win Snow Trails Tubing Passes

 

 

 
 
 
  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 An Ashland man files a federal court lawsuit against Richland County Children Services. Full Story
Image1 A Freezing rain advisory has been issued for Thursday morning. Full Story
 
Image1 Black History Month will be observed in February with several activities at the Ohio State University Mansfield Campus. Full Story
Image1 A Facebook post prompts an investigation into the Crestline Police Department. Full Story
  MORE NEWS
 

Facebook posting leads to Crestline Police investigation

"Keeping the Community and Our Officers Safe is Paramount"

Ohio Federal Military Jobs Commission Meets In Mansfield

Point In Time Homeless Count Conducted In Richland County

Overdose death leads to second indictment by grand jury

AU Center for Nonviolence prepares for upcoming conference

More News