Our Sweet Co-ops. They are often some of our most architecturally beautiful buildings, but we so rarely talk about them. I’m sorry I have neglected you, sweet co-ops. The last time we talked about co-ops specifically was back in January.
Let’s look at the median sales price for co-ops and how they relate to condos so far this year:
And we can zoom out and see how prices have bounced around over the last 6 years:
How many co-ops have sold this year?
Of those 59, they ranged in price from $168,000 all the way up to $707,500. The average price per square foot was $529 and our co-ops averaged 21 days on the market before they accepted an offer.