Manhattan condo market report finds rising prices falling sales

  • Downtown Manhattan was home to the largest percentage of condo sales, comprising 46 percent of the market.
  • The average sales price of a Manhattan condo was $2.2 million in the four weeks leading to September 1.
  • New developments cost an average $2,480 per square foot in August, compared with the $1,695 for non-new condo sales.

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Tune-in now to catch the livestream. Don't miss this chance to see real estate leaders tackle the industry's top problems. released its September Monthly Market Report for the Manhattan real estate market, finding that home prices rose in the weeks leading up to September 1 and home sales dipped during that time frame. The average price for a place in Manhattan inched up to $2.2 million from $2.1 million the previous month.