Real Estate Guides

NEW YORK CITY RESIDENTIAL SALES REPORT-3RD QUARTER 2015

Market Report provided by The Real Estate Board of New York
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According to StreetEasy’s Manhattan Price Index, median resale prices of all homes in Manhattan was $983,207 in July, a 6.3 percent increase compared to the same time last year. Although this was a new record high in Manhattan, annual growth has slowed for 18 consecutive months. The Manhattan Price Index, which tracks median resale prices of all homes in Manhattan and within each of the borough’s five major submarkets, remained the highest in the Downtown submarket in July at $1.2 million, followed by Upper West Side ($1.1 million), Upper East Side ($958,089), Midtown ($854,026) and Upper Manhattan ($565,690).

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