Manhattan condo and co-op prices approached record highs last year and saw their greatest number of sales in more than three decades, according to a new report from Douglas Elliman.
The 2021 median sales price for Manhattan condos and co-ops was about $1.1 million, a 7.1% increase compared with 2020 and a 34.7% increase compared with 2012, when it was $835,000, the report says. There were 13,957 sales last year, almost double the 7,048 sales from 2020 and significantly higher than the 10,508 sales in 2012 as well.
This was the highest amount of sales and the second-highest median sales price in 32 years of tracking, according to
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