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|Condo Size||May||vs Last Month|
|1 bed condos||$659,489||+2.7%|
|2 bed condos||$922,330||+11.7%|
|3 bed condos||$1,318,433||+0.7%|
|4+ bed condos||$1,499,195||+6.2%|
During May 2021, the average price for an apartment in/near New York, NY increased by 1.2% to $1,135,935.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $659,489 with no changes this month. Asking price for 2-bed apartment remains the same, a place of this size will still cost you $922,330. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $1,318,433. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $1,499,195 for a big-family home.
|Listing Type||May||vs Last Month|
|Apartments for sale||$1,209,122||+0.1%|
|Lofts for sale||$1,279,214||-42.3%|
|Townhouses for sale||$1,802,532||+58.8%|
|Condos for sale||$1,070,965||+1.1%|
|Houses for sale||$790,106||-14%|
|Duplexes for sale||$878,857||+6.3%|
While assessing the property pricing New York, NY, you can note that it remains flat with a price tag of $1,209,122. According to statistics, average house is still $790,106 with no significant changes this month. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $1,070,965. An average value of duplex is $878,857, thus a median price for a duplex remains the same this month. The price statistics of lofts have not significantly changed, it now still goes for $1,279,214. Value of the townhouses didn’t change, the price still starts at $1,802,532.
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