New York City is located in New York state and consists of the five boroughs (Manhattan, Brooklyn, Queens, Bronx, and Staten Island).
The following is a real time, up the minute report for the NYC real estate market,
as of 05-22-13, discussing stats and figures about real estate and homes for sale in New York
Average Sales Stats:
Based on current sales data, the average price to purchase a home or apartment in New York is $2,171,298. The average New York home price per square foot is $1,088. The average home is 1,715 square feet,
has 2 bedrooms and 2 bathrooms. New York offers many different types of residential property,
including condominiums (or condos), coops, and townhouses (such as well known New York brownstones).
NYC condos carry an average monthly maintenance of $1,669 per month.
The majority of NYC home sales are in post war buildings.