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Market Overview March 2008

The first quarter is almost over and here is where we stand on prices.

I thought it might be interesting to pass the market stats for Manhattan Sales.

Average listing prices :

Studios $636,942

One Bedrooms $938,994

Two Bedrooms $1,703,963

Three Bedrooms $3,229,273

The address everyone seems to want is UES. Here are some sprinklings of listing available now...

Rentals:

Studio on East 81st $1725

Studio on East 74th $1750

1 Bedroom on East 85th $1975

2 Bedroom on East 84th $2695

Sales:

The Henry T. Sloane Mansion on East 68th $64,000,000

Well you get the idea, the market has slowed but the bubble hasn't burst :)

Posted Tuesday Mar 04