Apartment Sales Sluggish, But Prices Slightly Up

We checked to see what was the evolution of the NYC apartment market during April 2010. Below are a few charts showing the condo and co-op sales volume in Manhattan, Queens and Brooklyn.

With 938 transactions in April 2011, Manhattan sales volume saw a 19% drop from April 2010. Brooklyn, accounting for 445 sales, recorded a 5% decrease, and sales in  Queens (375) were down by 30% compared to the same month last year.

Compared to March 2011, Manhattan sales were down 4%, Brooklyn saw a 21% decrease and Queens recorded a 18% drop.

Compared to April 2010, the median sale price was up 2%  both in Manhattan and Queens and was up 9% in Brooklyn.

Click on the following link to browse current New York City apartments for sale.

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