Manhattan apartment sales market caps off winning year as deals and prices hit new records | South Salem NY Homes

Sales volume surges nearly 27%; Average price rises 5.3% to $1,538,203

Manhattan’s apartment market ended 2013 on a high note as a flood of buyers sent sales volume and prices to record levels, according to multiple reports.

Sales in the quarter surged nearly 27% to 3,297, compared with last year, marking the largest number of fourth quarter closings on record, according to Douglas Elliman….

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