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Mentioned in this Article:
Gregory J. Heym

Gregory J. Heym
Executive Vice President, Chief Economist

Barron’s

The Numbers

 

Halstead Property's Manhattan residential market report was strong in the fourth quarter:


$1.4 million: average sales price of a Manhattan apartment, up 34% from a year ago


$828,000: median sales price of a Manhattan apartment, a record, and a 14% increase from the previous year


84 days: average time on market before sale, 13% below the average in 2006


$1,464: average price per square foot in new developments, up 20% from the '06 quarter

Monday, January 07, 2008

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