and fixing the sale price
of oil products in the Sultanate today approved
This activity was counteracted by increasing sales in the Bronx, Staten Island and Queens, whose average home sale prices
were considerably lower at $378,000, $441,000 and $504,000 respectively, which moderated citywide average home sale price
growth in the first quarter of 2016.
2 percent, even though the median sale price
through March 2015 is up 4.
What we find when analyzing the different levels of transaction data is that hotel sale prices
differ from market to market.
Many industry watchers like to point out that, despite rising average condo sale prices
in Manhattan and Brooklyn, the number of sales are down compared to 2007, which was a banner year," added Mr.
In 2006 the median and average sale price
per room in Manhattan cooperative units rose three percent to $194,000 and four percent to $237,000, respectively, compared to 2005.
Single-Family Home Median Sale Price
Falls Less Than 1 Percent, Bolstered by Strong First Half of Year
Average sale prices
are up across all housing types, and those increases are significant in many cases.
Median condo sale prices
have now fallen four straight months from the same periods in 2005.
The median condominium sale price
was $875,000, 21% higher than a year ago and slightly below the 2nd quarter 2005 level.
Prior to 2006, monthly median sale prices
had not dropped below year-before levels since 1998.
Corcoran stated that appraising typically lags the sale prices
of buildings when they both rise and fall.