Country: United States
19 October 2009
New York property values and sales both improved during the third quarter of this year, reversing the downward trend recorded over the past couple of years, according to a report by the Real Estate Board of New York (REBNY).
Although REBNY president Steven Spinola is pleased with the reverse in trend, he said the trend needs to “continue for at least two more quarters before we can say with confidence that a recovery is under way.”
REBNY’s research found the number of residential properties in New York that were sold increased 35% quarter-on-quarter to 9,734 homes. The greatest rise in sales was recorded in Manhattan, where the sales volume rose 59% to 2,840 residential units, while Brooklyn saw a 27% increase to 2,102.
The apartment sector in New York is performing particularly well at the moment. Apartment sales in Manhattan are up 45.6% over Q2 to 2,230 units, while in Brooklyn, sales rose 29.4%.
The average price of a property in New York increase by 4% in Q3, with the greatest price rise recorded in Brooklyn, up 6%.
However, despite the rise in sales, the average price of a home in Manhattan dropped 5% during Q3.
See Also: New York, Real Estate Board of New York, USA
Price: £39,393
Type: Apartment
Bedrooms: 2
BMV Condos in luxurious Venetian Place, Orlando. 60% plus discounts, closing costs paid, tenanted, 8-10% return! Investment of a lifetime! Waterfront views, resort style living!
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Price: £42,424
Bedrooms: 3
Ideal investment, new build 1 bed apartment in City Centre, 5th floor, 37m2, lift, balcony, tenanted, excellent valie at €105,000 only. Typical pictures only.
Price: $70,000
Type: House
Great location at Lakewood Ranch without the CDD fees. Private and quiet in the back of the community. Has an attached garage. Community offers lovely amenities.
Room Dimensions:# Bedroom 2: 11x10# Master Bedroom: 11x11# Kitchen: 11x11
Price: $79,000
SHORT SALE......one of the original Conch houses in Englewood. This home has lots of character you will not find newer homes today. Plaster walls, clay tile flooring, original tray ceiling. .Great location in downtown Englewood...1 block north of W.
Price: £66,606 (GBP)
Type: Detached
3bed/2bath pool home, Calabay Park at Tower Lake Ph 2, built 2007, 1554 sq ft. Spacious kitchen features island and pantry. Master suite has his/hers walk-in closet. Cover lanai and screened in pool! Close golf and theme parks.
Price: $110,000
Short Sale. A charming Tri-Plex (house and 2 Units) with POSITIVE CASH FLOW in downtown Sarasota (Gillespie Park).A fast appreciating area.
Price: $114,900
Nice, clean, private, freshing painted 2010, roof 2003, hot water tank 2004, lg fenced private backyard. Nice wood deck for entertaining and enjoying the beautiful Florida weather.
Englewood Isles condo, small complex w/pool and located on a canal. Complex has right of use docks, pool, lovely tropical grounds, and conveniently located. This lovely condo is being sold totally TURNKEY FURNISHED. Immaculately maintained! Must see!
Price: $119,000
Property Description:Beautiful lake views with plenty of wildlife make this a charming home in Sarasota Springs. Home has newer AC & water heater, and a "Permaguard" roof, needs some updating throughout the home, but move in condition.
Price: $350,000
Bedrooms: 4
Osprey, Sarasota County: 3,000+ sq ft. living space. Huge fenced backyard. Deep sailboat water dockage.
Price: $242,000
Bedrooms: 3 Bathrooms: 2
Venice Golf & Country Club: Enormous master suite, second suite area, lanai and summer kitchen. 2 car garage.
Price: £131,000
Bedrooms: 4 Bathrooms: 3
5 mins from Walt Disney World ®. Relax in your own optional pool, take a stroll by the natural pond.
Price: $195,000
Blackburn Harbour: between Venice & Sarasota. Boat mooring available. Perfect investment or second home.
