In April 2020, there were 393 residential condo, condop, and co-op sales recorded in Manhattan amounting to a total dollar amount of $1.05 billion. While thie figure may sound impressive, it is 46% decline from the $1.94 billion in residential sales recorded in April 2019. We all should understand why.
The average price of a condo came in at $3.71 million, up 37% from April 2019's $2.7 million average, and is mostly due to new developments sales from prior years closing. On the other hand, the average price paid for a co-op was down by 5%, averaging $1.178 million.
Find the fully sortable table of all recorded April closings below and the top ten building by aggregate sales. As per the usual, upscale new development condos and condo-conversions dominated the list.
The average price of a condo came in at $3.71 million, up 37% from April 2019's $2.7 million average, and is mostly due to new developments sales from prior years closing. On the other hand, the average price paid for a co-op was down by 5%, averaging $1.178 million.
Find the fully sortable table of all recorded April closings below and the top ten building by aggregate sales. As per the usual, upscale new development condos and condo-conversions dominated the list.
In this article:
Would you like to tour any of these properties?
Just complete the info below.
Or call us at (212) 755-5544
Would you like to tour any of these properties?
Just complete the info below.
Or call us at (212) 755-5544
Would you like to tour any of these properties?