Halstead Property Report shows Manhattan apartments averaging $2 million

  • The average Manhattan apartment price rose 18 percent annually, $2,044,287.
  • The Halstead Property Report suggests the spike in average price is due to closings from previous quarters in the luxury new development market.

The average price for a Manhattan apartment pushed 18 percent up through the third quarter to $2,044,287, according to a new Halstead Property Report, which also revealed average price for condos in Manhattan toppled $3 million.