|Apartment Size||May||vs Last Month|
|1 bed apartments||$941,186||+0.4%|
|2 bed apartments||$1,964,892||+5.6%|
|3 bed apartments||$4,035,362||+11.3%|
|4+ bed apartments||$3,239,852||+47.4%|
|Listing Type||May||vs Last Month|
|Condos for sale||$1,945,636||+17%|
|Lofts for sale||$2,660,237||+9%|
|Apartments for sale||$3,146,379||+31%|
|Townhouses for sale||$4,923,571||+20.7%|
|Houses for sale||$6,537,500||+65.9%|
|Duplexes for sale||$1,062,500||+0%|
During May 2020, the average price for an apartment in/near Manhattan, New York, NY increased by 19.8% to $2,233,822. After collecting all data points, we now see that the average price for 1-bed apartment increased by 0.4% to $941,186. Asking price for 2-bed apartment also increased by 5.6% and a place of this size will now cost you $1,964,892. A 3-bed apartment goes for $4,035,362, it increased by 11.3% lately. We discerned the rise of 4- and more bed apartment price. It increased by 47.4% and made it up to $3,239,852.
The average cost of an apartment in Manhattan, New York, NY rised by 31% to $3,146,379. Price reports demonstrate that house price increased by 65.9% this month making it up to $6,537,500. Condos are really in demand in this season. The median price for a condo increased by 17%, it’s now available for $1,945,636. An average value of duplex is $1,062,500, thus a median price for a duplex remains the same this month. The price dynamics of lofts changed, it increased by 9%, the price tag now starts at $2,660,237. If you’re in a search for a room, the price tag still starts at $114,875. The average price did not alter significantly this time. The property value of townhouses increased by 20.7%, you’ll have to spend around $4,923,571 to get one.