End of month data suggests that 2 bedroom apartments in the West Village neighborhood represent great value in the current market! Here are few data points in support:
- The average listing price for 2 bedroom apartments in the West Village decreased 7.35% between January and February 2011.
- At the end of February, there were 55 2-bedroom apartments available for purchase in the West Village priced from $699K to $6.75M.
- The median price is $1.55M.
In addition, February market data shows 2 bedroom apartments in West Village are priced, on average:
- $72 LESS per square foot than 1 bedroom apartments in the same neighborhood.
- $187 LESS per square foot than 2 bedroom apartments in Greenwich Village (just to the East).
- $133 LESS per square foot than 2 bedroom apartments listed across downtown Manhattan.
If this market snapshot is enticing, call or email me (rebekah@tmrp.com) to guide you to the best deals and the most interesting opportunities!
No comments:
Post a Comment