The average price of a co-op is now $1,240,747, which is a 12% improvement from the second quarter of 2013.
"The average condo price of $2,283,151 was slightly below last quarter’s record level, but 26% higher than a year ago. New developments, such as One57-which had 4 closings over $30 million-pushed the average price 47% over the past year for three-bedroom and larger condos," according to Halstead Property.
If you're interested in the report, you can view the entire PDF online.
