Manhattan co-op and condo sales fall 39 percent but the slowdown is not as bad as it seems

… sales frenzy are skewed he adds The median sales price for coops and condos in the second quarter was $1200000 a drop … lower rates from recent years he says causing inventory to fall and adding to the market slowdown … Where buyers are … meeting in the middle and striking deals … Prices may not fall further … A quarteroverquarter increase in Manhattan …

By Jennifer White Karp |July 6, 2023 - 9:30AM