|Apartment Size||Aug||vs Last Month|
|1 bed apartments||$727,272||-3%|
|2 bed apartments||$1,303,096||-4.5%|
|3 bed apartments||$1,608,574||-4%|
|4+ bed apartments||$1,790,581||-2.8%|
During Aug 2020, the average price for an apartment in/near New York, NY decreased by 4.1% to $1,421,024.
After collecting all data points, we now see that the average price for 1-bed apartment decreased by 3% to $727,272. Asking price for 2-bed apartment also decreased by 4.5% and a place of this size will now cost you $1,303,096. A 3-bed apartment goes for $1,608,574, it decreased by 4% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 2.8% and made it down to $1,790,581.
|Listing Type||Aug||vs Last Month|
|Condos for sale||$1,407,761||-5.8%|
|Apartments for sale||$1,562,997||-5.3%|
|Houses for sale||$1,187,941||+1.1%|
|Townhouses for sale||$1,087,585||+1.5%|
|Lofts for sale||$2,351,440||-5.7%|
|Duplexes for sale||$926,568||-1.6%|
The average cost of an apartment in New York, NY decreased by 5.3% to $1,562,997. Price reports demonstrate that house price increased by 1.1% this month making it up to $1,187,941. Condos faced an upward trend these days. The median price for a condo decreased by 5.8%, it’s now available for $1,407,761. You can now purchase a duplex for just $926,568, duplex price decreased by 1.6% this month. The price dynamics of lofts changed, it decreased by 5.7%, the price tag now starts at $2,351,440. The property value of townhouses increased by 1.5%, you’ll have to spend around $1,087,585 to get one.