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Downtown Condo Listings Snapshot
| Size (ft²) | $ per ft² | Price | |
| Studio | 661 | 1,261 | 730,000 |
| 1 BR | 832 | 1,286 | 1,146,250 |
| 2 BR | 1,431 | 1,430 | 2,149,500 |
| 3 BR | 2,263 | 1,694 | 3,900,000 |
| 4+ BR | 3,579 | 1,934 | 8,495,000 |
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Bubble Wrap
Housing Recession Approaches Manhattan as Nearby Prices Fall
Bloomberg reports on the falling housing prices in the boroughs, with many down over 10%, and experts are predicting Manhattan will soon follow.
“The storm is going to engulf Manhattan,” said Mark Zandi, chief economist for Moody’s Economy.com. “It has held up well to this point for two reasons: one, global investor demand for everything New York, and second, the problems on Wall Street have only now really begun to impact jobs.”
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StreetEasy Q3 Market Report
Check out our 3rd Quarter Manhattan Market Report! Our comprehensive data offers an unbiased view of the real estate market. Among the additions to our report this quarter are new development data, rescinded contracts, and days on market.
