Manhattan Property Sales, Prices Up 2Q’10

Posted by Wei Min Tan on October 30, 2017

Publication:  TheStreet.com

 

Summary:  Write up about Manhattan property prices in 2Q, 2010

 

Excerpt:  Median price for the second quarter, according to Miller Samuel Appraisers, is $899,000, a 3.6% increase compared to the first quarter and 7.6% increase compared to last year.  It is more realistic to say that prices have stabilized rather than risen because there has been a larger proportion of larger apartments that transacted.



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Wei Min Tan is a property broker focusing on Manhattan, New York luxury condominiums and foreign buyers. He is often interviewed by the media including CNN, The New York Times and The Wall Street Journal on the subject of foreign buyers of Manhattan property.