The average price for residential real estate in Manhattan, New York decreased for luxury, new development, and condo properties in 2023. Conversely, prices for re-sale and co-op properties grew slightly. As of the third quarter of 2022, the average square footage price for a re-sale property 1,435 U.S. dollars per square foot.
Average price of residential real estate in Manhattan, New York from 2020 to 2023, by property type
(in U.S. dollars per square foot)
Characteristic
2020
2021
2022
2023
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Douglas Elliman. (October 3, 2023). Average price of residential real estate in Manhattan, New York from 2020 to 2023, by property type (in U.S. dollars per square foot) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1235728/average-price-of-residential-properties-per-square-foot-by-type-manhattan-new-york/
Douglas Elliman. "Average price of residential real estate in Manhattan, New York from 2020 to 2023, by property type (in U.S. dollars per square foot)." Chart. October 3, 2023. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1235728/average-price-of-residential-properties-per-square-foot-by-type-manhattan-new-york/
Douglas Elliman. (2023). Average price of residential real estate in Manhattan, New York from 2020 to 2023, by property type (in U.S. dollars per square foot). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1235728/average-price-of-residential-properties-per-square-foot-by-type-manhattan-new-york/
Douglas Elliman. "Average Price of Residential Real Estate in Manhattan, New York from 2020 to 2023, by Property Type (in U.S. Dollars per Square Foot)." Statista, Statista Inc., 3 Oct 2023, https://www.statista.com/statistics/1235728/average-price-of-residential-properties-per-square-foot-by-type-manhattan-new-york/
Douglas Elliman, Average price of residential real estate in Manhattan, New York from 2020 to 2023, by property type (in U.S. dollars per square foot) Statista, https://www.statista.com/statistics/1235728/average-price-of-residential-properties-per-square-foot-by-type-manhattan-new-york/ (last visited August 24, 2024)
Average price of residential real estate in Manhattan, New York from 2020 to 2023, by property type (in U.S. dollars per square foot) [Graph], Douglas Elliman, October 3, 2023. [Online]. Available: https://www.statista.com/statistics/1235728/average-price-of-residential-properties-per-square-foot-by-type-manhattan-new-york/