JUST SOLD! THE LATEST INFO ABOUT RECENT SALES — IN YOUR BACK YARD AND BEYOND
Source: NY Post
Posted: 1:04 am
May 14, 2009
Manhattan
CHELSEA $1,575,000
16 W. 16th St.
Two-bedroom, three-bath penthouse co-op, 1,800 square feet, with dining area, windowed kitchen, renovated marble bath and terrace; building features doorman. Maintenance $2,445, 51 percent tax-deductible. Asking price $1,595,000, on market 18 weeks. Broker: Robert Rosa, Century 21 New York Metro Read more
Prudential Douglas Elliman Releases Brooklyn Market Overview 1Q09 Report
The 1Q09 Brooklyn housing market was characterized by lower sales activity and lower prices caused by weaker economic conditions. Despite improved affordability caused by historic low mortgage rates buyers and sellers enter the new market disconnected. This can be best described as a period of price discovery.
The median sales price in Brooklyn this quarter for re-sale properties was $469,000, down 10.7% from $525,000 during the same period last year. The overall housing market in Brooklyn Read more
The Wall Street Journal- The New York Times
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