On the Ground Market Update - Oct 2020

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The average price of apts which received signed contracts in October ‘20 was $1,170M for coops, $2,904M for condos

  • YOY, average price of coops went UP from October ‘19 by 4.7%, whereas average price of condos went UP 27.8%

  • Average discount in October was 10.3% from original price for coops, 11.9% for condos, both increased by over 30% from October ‘19

Market UpdateJackson BloomstonThe Lanyard Team at Douglas EllimanManhattan, Brooklyn, Condo, Condop, Coop