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Decline by Apartment Size

Started by nyc10022
about 17 years ago
Posts: 9868
Member since: Aug 2008
Discussion about
from UD.... 37% and 47%. Whoah. We're not talking necessarilly luxury. Big is just getting absolutely killed. Fortunately, my studio/one bedroom days are long gone... The price of studio apartments declined 16 percent from a year ago to a median of $405,000, according to Miller Samuel. One-bedrooms dropped 17 percent to $650,000 and two-bedrooms fell 23 percent to $1.27 million. Three-bedroom units fell 37 percent to $2.35 million and four-bedrooms plummeted 47 percent to a median of $3.92 million.
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