Pandemic pricing is over. Manhattan real estate prices were near record highs last year
Manhattan real estate is back and it is booming. In 2021, prices were near record highs and sales were higher than they'd been in more than three decades.
The median sales price for a condo or co-op in 2021 rose 7% from the year before to $1,125,000, the second-highest price in the report's 32-year history. Manhattan prices peaked in 2017 at $1,140,000. The strong performance is a sign people are feeling better about living in the city, according to Jonathan Miller, president and CEO of Miller Samuel.
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Source:https://www.cnn.com/2022/02/04/homes/manhattan-real-estate-prices-2021/index.html