Per Business Insider
NYC Starter Homes have Shrunk 9% Over the Last 3 Years with Costs Jumping from $400K to $800K
9/29/2022
The size of starter homes in New York City have dropped by 9% over the last three years. Average starter home prices have risen from $400K to $800K.
Manhattan median square footage for homes now equates to just four-and-a-half parking spots at just 86 square feet in August. Price per square foot in Manhattan has dropped from $1,775 in 2017 to just $942.
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