Apartment Prices Up in Manhattan and Brooklyn. Queens? Ehh ... Not So Much

New York City

July 15, 2014 — A co-op / condo price overview in BrickUnderground.com, pulling together facts and figures from a multitude of reports, finds the median price of a Manhattan apartment is now $910,000. It's hard to compare that with the other boroughs, where single-family houses figure far more into the mix. So keeping that in mind, the median sales price of a Brooklyn home jumped 4.5 percent from a year ago, to $575,000. Queens, oddly, actually dropped 9 percent, to $355,000 from $390,000. So where do Staten Island and The Bronx fit into this? Nobody seems to be mentioning them, so that may be were apartment-hunters' true bargains await.

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