3rd Qtr. 10

---

New York City Residential

Third Quarter 2010

Mary Ann Tighe, Chairman / Steven Spinola, President 570 Lexington Avenue/New York NY 10022/212.532.3100/www.rebny.com

New York City Residential Sales Report

3rd Qtr. 10

1

Table of Contents

Executive Summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2 Total Consideration . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5 Citywide and Borough Sales . . . . . . . . . . . . . . . . . . . . . . . . . . .6 Manhattan Neighborhood Sales

. . . . . . . . . . . . . . . . . . . . . . .11

Brooklyn Neighborhood Sales . . . . . . . . . . . . . . . . . . . . . . . . .17 Queens Neighborhood Sales . . . . . . . . . . . . . . . . . . . . . . . . . .33

New York City Residential Sales Report

3rd Qtr. 10

2

Executive Summary Introduction The New York City residential sales market remained on steady footing during third quarter of 2010 overcoming the obstacles of the expiration of the first time homebuyer’s tax credit and loss of momentum in the overall economic recovery. The total consideration for residential property was $8.36 billion up 10.75 percent quarterly and 26.2 percent when compared to the third quarter of 2009, the first quarter in the NYC residential market recovery. Manhattan residential consideration during the third quarter of 2010 constituted 57.51 percent of the total market compared to 53.72 percent in the second quarter of 2010. Brooklyn saw a 20 percent increase in total consideration compared to the last quarter. This was the largest quarter to quarter percentage increase in the five boroughs. Sales volume for all homes in New York City when compared to the third quarter of 2009 increased by 18 percent. All homes sales in New York City were also up 12 percent quarter to quarter. Sales volume was strongest in Brooklyn and Manhattan where all homes sales were up over the third quarter2009, when the market recovery began, by 32 percent and 25 percent respectively. Much of this all homes increase was due to strength in condo sales. Brooklyn condo sales increased more than twofold over the third quarter of 2009 and Manhattan sales increased 26 percent. The market for 1-3 family homes in New York City was still above the sales levels of the third quarter of 2009 though not by the margin seen in the condo market. City wide sales of 1-3 family homes were up 6 percent over last year’s third quarter. Despite negative global and national economic news, the New York City residential sales market has continued to expand. One possible explanation for this is that residential real estate has returned to its long term seasonal cycles. This theory would explain the strong market in the third quarter and predict a slower fourth quarter barring unanticipated strong growth in employment. Also, as the labor market has settled, albeit it at a dismally low level, those who have remained employed during the recession have gained confidence that they will retain their jobs and we expect these potential buyers to take

advantage of historically low interest rates and lower home prices and return to the housing market. All Homes Year to Year The average sales price of a home in New York City during the third quarter of 2010 was $722,000, a 7 percent increase from the third quarter 2009 average. The year on year change in the average price of a home in Manhattan was up 8 percent to $1,332,000; Brooklyn prices rose 1 percent to $544,000; in Queens, prices fell 3 percent to $396,000. The number of home sales increased citywide by 18 percent, and in Manhattan the number of sales rose 25 percent. Quarter to Quarter The number of home sales increased citywide by 12 percent, and in Manhattan the number of sales rose 11 percent. When compared to the second quarter of 2010, the average price of a home in New York City decreased 1 percent. The average sales price of a home in Manhattan decreased quarterly by 3 percent; in Brooklyn, the average price increased by 2 percent; and the average price in Queens increased by 3 percent. All Apartments Year to Year The average sales price of an apartment in New York City during the third quarter of 2010 was $854,000, a 8 percent increase year on year. The average price of an apartment in Manhattan in the third quarter of 2010 was $1,293,000, a 9 percent increase from the third quarter 2009. Brooklyn’s average sales price of an apartment in the third quarter of 2010 was $478,000, an increase of 3 percent from the previous year’s third quarter. Quarter to Quarter City-wide apartment sales increased 12 per-

New York City Residential Sales Report

3rd Qtr. 10

3

Executive Summary cent to 6,814, Manhattan sales increased 11 percent to 3,572; and Brooklyn sales increased 27 percent to 1,536. The average sales price of an apartment in New York City fell 1 percent from the previous quarter. In Queens and Brooklyn average apartment sales price rose, 1 percent and 2 percent respectively, compared to last quarter. While in Manhattan, the apartment average sales price fell 2 percent compared to the previous quarter. Condominiums Year to Year The average sale price of a condominium in New York City in the third quarter of 2010 decreased less than a percent compared to last year’s third quarter to $1,070,000. Manhattan experienced a 5 percent increase in the average sales price to $1,592,000. The average sales price of $541,000 in Brooklyn was a decrease of 3 percent year on year. Quarter to Quarter City-wide condominium sales increased 9 percent to 3,063; Manhattan sales increased 6 percent to 1,619; and Brooklyn sales increased 22 percent to 914. The average sales price city-wide for condominiums decreased 4 percent, quarter to quarter. Manhattan also showed a 4 percent decline in average sales price. .

Quarter to Quarter City-wide cooperative unit sales increased 15 percent to 3,751; Manhattan sales increased 17 percent to 1,953; and Brooklyn sales increased 35 percent to 622. Quarter to quarter, the average price of a cooperative unit increased 4 percent city-wide and increased 2 percent in Manhattan. 1-3 Family Dwellings Year to Year The average sales price of a 1-3 family dwelling in New York City during the third quarter of 2010 decreased 1 percent year to year to $533,000. The average sales price of a 1-3 family dwelling in Brooklyn increased 5 percent to $623,000. The average sales price of a 1-3 family dwelling in Queens was $470,000, a 4 percent decline from the third quarter last year. Quarter to Quarter Sales volume increased quarter to quarter by 9 percent in Queens, 18 percent in the Bronx, and 9 percent in Brooklyn. The average sales price of a 1-3 family dwelling citywide increased by less than a percent quarter to quarter. The average sales price of a 1-3 family dwelling in Brooklyn increased by 4 percent; in Queens the average price increased by 2 percent. Manhattan Neighborhoods

Cooperatives Year to Year The average sales price of a cooperative unit in New York City rose 14 percent to $678,000 this quarter compared to the third quarter last year. Manhattan’s average sales price increased 14 percent year on year to $1,046,000. The average sales price in Brooklyn was up 1 percent to $385,000.

The Upper West Side and the Upper East Side had the largest number of condominium sales in the third quarter of 2010 with 247 and 242 respectively. The average condominium sales price in the West Village in the third quarter of 2010 was $3,078,000. This was the highest average price for any neighborhood in the city and a 23 percent average price increase from last quarter.

New York City Residential Sales Report

3rd Qtr. 10

4

Executive Summary The Upper East Side and the Upper West Side had the largest number of cooperative sales in the third quarter of 2010 with 534 and 416 respectively. Tribeca led all neighborhoods with the highest average sales price of a cooperative unit at $2,479,000. The average sales price of a cooperative unit on the Upper East Side ($1,407,000) and the Upper West Side ($1,212,000) increased by 14 percent and 28 percent respectively compared to last year. Brooklyn Neighborhoods All home sales in Park Slope totaled 201 in the third quarter of 2010, a 50 percent increase compared to the second quarter and a 65 percent increase compared to a year ago. Williamsburg led all neighborhoods in all homes sales with 214, an 83 percent increase from last quarter and 193 percent increase from a year ago. Cobble Hill and Brooklyn Heights led all Brooklyn neighborhoods in all homes average sales price at $1,537,000 and $1,050,000, respectively. Queens Neighborhoods The Springfield Gardens-Jamaica neighborhood led all Queens neighborhoods with 411 home sales, a 24 percent increase compared to both last quarter and last year. The Rego ParkForest Hills neighborhood and Flushing were the next two highest in home sales with 346 and 309, respectively. The highest average sales price of a condo in Queens was in Long Island City. The neighborhood, which is home to many new developments, had an average condominium sales price of $703,000. This is an increase of 8 percent compared to last quarter and 6 percent compared to the third quarter of last year. The average condominium sales price in Flushing was $361,000, a 7 percent increase compared to last quarter and a 9 percent increase compared to last year.

New York City Residential Sales Report

3rd Qtr. 10

5

Total Consideration

Borough Manhattan Bronx Brooklyn Queens Staten Island Total Borough Manhattan Bronx Brooklyn Queens Staten Island NYC Borough Manhattan Bronx Brooklyn Queens Staten Island

Total Consideration for Residential Transactions 3q10 $4,813,940,960 $237,798,676 $1,528,966,680 $1,420,561,382 $368,694,073 $8,369,961,770

Total Consideration for Residential Transactions 2q10 $4,463,921,104 $216,076,610 $1,270,475,657 $1,313,842,664 $293,533,137 $7,557,849,172

Total Consideration Percentage change from 2q10 7.84% 10.05% 20.35% 8.12% 25.61% 10.75%

Total Consideration Percentage change from 3q09 35.12% 8.44% 33.61% 3.04% 12.68% 26.20%

Percentage of Total City Residential Consideration 3q10

Percentage of Total City Residential Consideration 2q10

57.51% 2.84% 18.27% 16.97% 4.40%

59.06% 2.86% 16.81% 17.38% 3.88%

Total Consideration for Residential Transactions 3q09 $3,562,688,168 $219,284,918 $1,144,334,699 $1,378,588,120 $327,199,530 $6,632,095,436

Percentage of Total City Residential Consideration 3q09 53.72% 3.31% 17.25% 20.79% 4.93%

New York City Residential Sales Report

3rd Qtr. 10

6

Home Sale Price (includes all condominium, cooperative units & 1-3 family dwellings) AVG PRICE

New York City Manhattan Bronx Brooklyn Queens Staten Island

3q10 $722 $1,332 $349 $544 $396 $407

2q10 $728 $1,374 $358 $533 $387 $396

3q09 $675 $1,236 $370 $538 $409 $384

Change From 2q10 3q09 -1% 7% -3% 8% -3% -6% 2% 1% 3% -3% 3% 6%

3q10 $465 $810 $350 $465 $355 $390

2q10 $460 $815 $360 $455 $340 $380

3q09 $464 $750 $350 $470 $370 $360

Change From 2q10 3q09 1% 0% -1% 8% -3% 0% 2% -1% 4% -4% 3% 8%

3q10 $528 $1,074 $237 $421 $309 $253

2q10 $507 $1,076 $232 $386 $303 $289

3q09 $487 $1,012 $250 $390 $308 $250

Change From 2q10 3q09 4% 9% 0% 6% 2% -5% 9% 8% 2% 0% -12% 1%

3q10 $367 $992 $220 $379 $284 $245

2q10 $336 $972 $223 $331 $279 $239

3q09 $344 $914 $238 $348 $289 $240

Change From 2q10 3q09 9% 6% 2% 8% -2% -8% 14% 9% 2% -2% 2% 2%

3q10 11,597 3,613 682 2,811 3,585 906

2q10 10,378 3,249 603 2,385 3,399 742

3q09 9,827 2,882 592 2,126 3,374 853

Change From 2q10 3q09 12% 18% 11% 25% 13% 15% 18% 32% 5% 6% 22% 6%

MEDIAN PRICE

New York City Manhattan Bronx Brooklyn Queens Staten Island AVG PPSF

New York City Manhattan Bronx Brooklyn Queens Staten Island MEDIAN PPSF

New York City Manhattan Bronx Brooklyn Queens Staten Island SALES

New York City Manhattan Bronx Brooklyn Queens Staten Island

Note: sale price in thousands

New York City Residential Sales Report

3rd Qtr. 10

7

Apartment Sale Price (includes all condominium & cooperative units) AVG PRICE

New York City Manhattan Bronx Brooklyn Queens Staten Island

3q10 $854 $1,293 $271 $478 $276 $263

2q10 $867 $1,326 $265 $471 $274 $241

3q09 $793 $1,185 $264 $465 $267 $268

Change From 2q10 3q09 -1% 8% -2% 9% 2% 2% 2% 3% 1% 3% 9% -2%

3q10 $500 $803 $218 $418 $225 $260

2q10 $490 $804 $230 $405 $233 $218

3q09 $477 $750 $210 $399 $225 $255

Change From 2q10 3q09 2% 5% 0% 7% -5% 4% 3% 5% -3% 0% 20% 2%

3q10 $772 $1,072 $291 $510 $365 $263

2q10 $788 $1,074 $261 $517 $356 $261

3q09 $731 $1,004 $280 $498 $343 $243

Change From 2q10 3q09 -2% 6% 0% 7% 12% 4% -1% 2% 3% 7% 1% 8%

3q10 $679 $991 $283 $506 $333 $254

2q10 $719 $971 $241 $511 $329 $233

3q09 $683 $914 $248 $483 $314 $240

Change From 2q10 3q09 -6% -1% 2% 8% 17% 14% -1% 5% 1% 6% 9% 6%

3q10 6,814 3,572 230 1,536 1,361 115

2q10 6,084 3,204 221 1,210 1,360 89

3q09 5,318 2,842 201 942 1,236 97

Change From 2q10 3q09 12% 28% 11% 26% 4% 14% 27% 63% 0% 10% 29% 19%

MEDIAN PRICE

New York City Manhattan Bronx Brooklyn Queens Staten Island AVG PPSF

New York City Manhattan Bronx Brooklyn Queens Staten Island MEDIAN PPSF

New York City Manhattan Bronx Brooklyn Queens Staten Island SALES

New York City Manhattan Bronx Brooklyn Queens Staten Island

Note: sale price in thousands

New York City Residential Sales Report

3rd Qtr. 10

8

Condominium Sale Price AVG PRICE

New York City Manhattan Bronx Brooklyn Queens Staten Island

3q10 $1,070 $1,592 $322 $541 $435 $283

2q10 $1,114 $1,653 $301 $549 $410 $264

3q09 $1,075 $1,510 $306 $557 $407 $282

Change From 2q10 3q09 -4% 0% -4% 5% 7% 5% -1% -3% 6% 7% 7% 1%

3q10 $636 $1,025 $322 $484 $383 $275

2q10 $620 $1,090 $337 $477 $370 $248

3q09 $660 $966 $230 $486 $358 $268

Change From 2q10 3q09 3% -4% -6% 6% -4% 40% 1% 0% 4% 7% 11% 3%

3q10 $856 $1,150 $297 $528 $478 $271

2q10 $873 $1,146 $247 $546 $455 $267

3q09 $851 $1,112 $269 $513 $445 $245

Change From 2q10 3q09 -2% 1% 0% 3% 20% 10% -3% 3% 5% 7% 1% 11%

3q10 $749 $1,061 $297 $543 $474 $257

2q10 $833 $1,046 $229 $554 $443 $233

3q09 $830 $1,014 $239 $524 $423 $240

Change From 2q10 3q09 -10% -10% 1% 5% 29% 24% -2% 4% 7% 12% 10% 7%

3q10 3,063 1,619 90 914 348 92

2q10 2,823 1,531 84 749 391 68

3q09 2,193 1,284 75 445 303 86

Change From 2q10 3q09 9% 40% 6% 26% 7% 20% 22% 105% -11% 15% 35% 7%

MEDIAN PRICE

New York City Manhattan Bronx Brooklyn Queens Staten Island AVG PPSF

New York City Manhattan Bronx Brooklyn Queens Staten Island MEDIAN PPSF

New York City Manhattan Bronx Brooklyn Queens Staten Island SALES

New York City Manhattan Bronx Brooklyn Queens Staten Island

Note: sale price in thousands

New York City Residential Sales Report

3rd Qtr. 10

9

Cooperative Sale Price AVG PRICE

New York City Manhattan Bronx Brooklyn Queens Staten Island

3q10 $678 $1,046 $238 $385 $221 $181

2q10 $652 $1,027 $243 $344 $219 $166

3q09 $595 $917 $239 $383 $222 $166

Change From 2q10 3q09 4% 14% 2% 14% -2% -1% 12% 1% 1% -1% 9% 9%

3q10 $393 $650 $193 $299 $198 $160

2q10 $360 $635 $200 $275 $200 $145

3q09 $365 $597 $204 $280 $203 $130

Change From 2q10 3q09 9% 8% 2% 9% -4% -5% 9% 7% -1% -2% 10% 23%

3q10 $674 $967 $286 $473 $304 $225

2q10 $665 $947 $272 $462 $301 $231

3q09 $635 $900 $287 $487 $302 $221

Change From 2q10 3q09 1% 6% 2% 7% 5% 0% 2% -3% 1% 1% -2% 2%

3q10 $621 $875 $260 $415 $289 $196

2q10 $591 $855 $257 $424 $287 $221

3q09 $597 $819 $268 $440 $287 $207

Change From 2q10 3q09 5% 4% 2% 7% 1% -3% -2% -6% 1% 1% -11% -5%

3q10 3,751 1,953 140 622 1,013 23

2q10 3,261 1,673 137 461 969 21

3q09 3,125 1,558 126 497 933 11

Change From 2q10 3q09 15% 20% 17% 25% 2% 11% 35% 25% 5% 9% 10% 109%

MEDIAN PRICE

New York City Manhattan Bronx Brooklyn Queens Staten Island AVG PPSF

New York City Manhattan Bronx Brooklyn Queens Staten Island MEDIAN PPSF

New York City Manhattan Bronx Brooklyn Queens Staten Island SALES

New York City Manhattan Bronx Brooklyn Queens Staten Island

Note: sale price in thousands

New York City Residential Sales Report

3rd Qtr. 10

10

One - Three Family Dwelling Sale Price AVG PRICE

New York City Manhattan Bronx Brooklyn Queens Staten Island

3q10 $533 $4,732 $388 $623 $470 $428

2q10 $532 $4,761 $412 $597 $462 $417

3q09 $536 $4,870 $425 $596 $490 $398

Change From 2q10 3q09 0% -1% -1% -3% -6% -9% 4% 5% 2% -4% 3% 7%

3q10 $437 $3,275 $382 $522 $435 $405

2q10 $436 $3,000 $395 $510 $425 $400

3q09 $455 $3,650 $406 $530 $470 $377

Change From 2q10 3q09 0% -4% 9% -10% -3% -6% 2% -2% 2% -7% 1% 7%

3q10 $299 $1,179 $218 $345 $290 $252

2q10 $301 $1,154 $223 $323 $287 $291

3q09 $304 $1,388 $240 $336 $297 $251

Change From 2q10 3q09 -1% -2% 2% -15% -2% -9% 7% 3% 1% -2% -13% 1%

3q10 $263 $1,255 $208 $306 $266 $242

2q10 $260 $1,015 $213 $287 $263 $240

3q09 $275 $1,265 $236 $313 $279 $241

Change From 2q10 3q09 1% -4% 24% -1% -2% -12% 7% -2% 1% -5% 1% 1%

3q10 4,783 41 452 1,275 2,224 791

2q10 4,294 45 382 1,175 2,039 653

3q09 4,509 40 391 1,184 2,138 756

Change From 2q10 3q09 11% 6% -9% 3% 18% 16% 9% 8% 9% 4% 21% 5%

MEDIAN PRICE

New York City Manhattan Bronx Brooklyn Queens Staten Island AVG PPSF

New York City Manhattan Bronx Brooklyn Queens Staten Island MEDIAN PPSF

New York City Manhattan Bronx Brooklyn Queens Staten Island SALES

New York City Manhattan Bronx Brooklyn Queens Staten Island

Note: sale price in thousands

New York City Residential Sales Report

3rd Qtr. 10

11

Apartment Sale Price (includes all condominium & cooperative units) Average

Manhattan Battery Park City Chelsea/Flatiron East Harlem East Village Financial/Seaport Gramercy/Kips Bay Greenwich Village Inwood Lower East Side Midtown East Midtown West Morningside Heights Murray Hill Roosevelt Island SoHo TriBeCa Upper East Side Upper West Side Washington Heights West Harlem West Village

3q10

2q10

3q09

$1,293 $1,247 $1,359 $482 $966 $862 $1,058 $1,363 $364 $781 $1,237 $1,283 $609 $679 $572 $2,251 $2,338 $1,526 $1,461 $400 $581 $1,510

$1,326 $1,694 $1,352 $479 $993 $857 $1,153 $1,007 $299 $779 $1,197 $1,160 $730 $681 $654 $2,937 $2,573 $1,663 $1,363 $362 $555 $1,477

$1,185 $1,435 $1,191 $607 $1,046 $901 $900 $1,209 $318 $630 $1,107 $1,148 $520 $642 $494 $2,274 $2,759 $1,449 $1,258 $354 $549 $1,042

Percent Change 2q10 3q09 -2% -26% 1% 1% -3% 1% -8% 35% 22% 0% 3% 11% -17% 0% -13% -23% -9% -8% 7% 11% 5% 2%

9% -13% 14% -21% -8% -4% 17% 13% 15% 24% 12% 12% 17% 6% 16% -1% -15% 5% 16% 13% 6% 45%

Median Manhattan Battery Park City Chelsea/Flatiron East Harlem East Village Financial/Seaport Gramercy/Kips Bay Greenwich Village Inwood Lower East Side Midtown East Midtown West Morningside Heights Murray Hill Roosevelt Island SoHo TriBeCa Upper East Side Upper West Side Washington Heights West Harlem West Village Note: sale price in thousands

3q10

2q10

3q09

$803 $1,034 $999 $425 $780 $770 $753 $975 $378 $540 $730 $800 $490 $550 $499 $1,995 $1,935 $944 $888 $361 $567 $790

$804 $1,565 $950 $398 $931 $698 $797 $793 $286 $526 $759 $768 $602 $613 $620 $2,037 $2,000 $985 $840 $344 $488 $720

$750 $1,242 $925 $507 $738 $780 $693 $950 $365 $510 $692 $730 $455 $585 $477 $1,570 $2,410 $785 $803 $311 $496 $775

Percent Change 2q10 3q09 0% -34% 5% 7% -16% 10% -6% 23% 32% 3% -4% 4% -19% -10% -19% -2% -3% -4% 6% 5% 16% 10%

7% -17% 8% -16% 6% -1% 9% 3% 3% 6% 5% 10% 8% -6% 5% 27% -20% 20% 11% 16% 14% 2%

New York City Residential Sales Report

3rd Qtr. 10

12

Apartment Sale Price Per Square Foot

(includes all condominium & cooperative units)

Average

Manhattan Battery Park City Chelsea/Flatiron East Harlem East Village Financial/Seaport Gramercy/Kips Bay Greenwich Village Inwood Lower East Side Midtown East Midtown West Morningside Heights Murray Hill Roosevelt Island SoHo TriBeCa Upper East Side Upper West Side Washington Heights West Harlem West Village

3q10

2q10

3q09

$1,072 $974 $1,136 $552 $1,020 $897 $1,040 $1,286 $400 $900 $1,084 $1,225 $827 $925 $678 $1,316 $1,214 $1,100 $1,143 $469 $607 $1,383

$1,074 $993 $1,120 $553 $1,049 $912 $1,016 $1,121 $512 $813 $1,055 $1,127 $950 $990 $681 $1,250 $1,141 $1,093 $1,131 $468 $576 $1,435

$1,004 $1,047 $1,034 $628 $1,021 $957 $979 $1,103 $390 $738 $955 $1,086 $729 $878 $1,110 $1,155 $1,004 $1,063 $476 $556 $1,121

Percent Change 2q10 3q09 0% -2% 1% 0% -3% -2% 2% 15% -22% 11% 3% 9% -13% -7% 0% 5% 6% 1% 1% 0% 5% -4%

7% -7% 10% -12% 0% -6% 6% 17% 2% 22% 14% 13% 13% 5% 19% 5% 10% 8% -1% 9% 23%

Median Manhattan Battery Park City Chelsea/Flatiron East Harlem East Village Financial/Seaport Gramercy/Kips Bay Greenwich Village Inwood Lower East Side Midtown East Midtown West Morningside Heights Murray Hill Roosevelt Island SoHo TriBeCa Upper East Side Upper West Side Washington Heights West Harlem West Village

3q10

2q10

3q09

$991 $944 $1,100 $596 $1,016 $839 $1,018 $1,216 $395 $948 $933 $1,120 $755 $891 $676 $1,325 $1,167 $993 $1,021 $470 $609 $1,336

$971 $1,029 $1,044 $510 $1,065 $879 $968 $1,046 $475 $763 $900 $1,042 $961 $934 $637 $1,164 $1,055 $943 $972 $456 $554 $1,184

$914 $940 $1,035 $648 $949 $871 $942 $996 $395 $748 $839 $1,009 $705 $869 $1,016 $1,075 $875 $931 $467 $574 $1,069

Percent Change 2q10 3q09 2% -8% 5% 17% -5% -5% 5% 16% -17% 24% 4% 8% -21% -5% 6% 14% 11% 5% 5% 3% 10% 13%

8% 0% 6% -8% 7% -4% 8% 22% 0% 27% 11% 11% 7% 3% 30% 8% 14% 10% 1% 6% 25%

New York City Residential Sales Report

3rd Qtr. 10

13

Condominium Sale Price Average Manhattan Battery Park City Chelsea/Flatiron East Harlem East Village Financial/Seaport Gramercy/Kips Bay Greenwich Village Inwood Lower East Side Midtown East Midtown West Morningside Heights Murray Hill Roosevelt Island SoHo TriBeCa Upper East Side Upper West Side Washington Heights West Harlem West Village

3q10

2q10

3q09

Percent Change 2q10 3q09

$1,592 $1,247 $1,795 $485 $1,309 $883 $1,337 $2,180

$1,653 $1,694 $1,803 $448 $1,130 $879 $1,689 $1,424

$1,510 $1,435 $1,438 $647 $1,704 $922 $1,236 $1,788

-4% -26% 0% 8% 16% 0% -21% 53%

5% -13% 25% -25% -23% -4% 8% 22%

$1,218 $1,918 $1,502 $999 $990 $572 $2,717 $2,311 $1,790 $1,878 $448 $622 $3,078

$1,087 $1,690 $1,352 $990 $870 $654 $2,746 $2,671 $2,042 $1,769 $332 $599 $2,507

$779 $1,333 $1,388 $1,955 $831 $494 $3,126 $2,876 $1,815 $1,863 $396 $609 $1,627

12% 14% 11% 1% 14% -13% -1% -13% -12% 6% 35% 4% 23%

56% 44% 8% -49% 19% 16% -13% -20% -1% 1% 13% 2% 89%

Median Manhattan Battery Park City Chelsea/Flatiron East Harlem East Village Financial/Seaport Gramercy/Kips Bay Greenwich Village Inwood Lower East Side Midtown East Midtown West Morningside Heights Murray Hill Roosevelt Island SoHo TriBeCa Upper East Side Upper West Side Washington Heights West Harlem West Village

3q10

2q10

3q09

Percent Change 2q10 3q09

$1,025 $1,034 $1,530 $428 $1,186 $770 $989 $1,733

$1,090 $1,565 $1,519 $398 $1,136 $704 $1,222 $1,032

$966 $1,242 $1,222 $519 $1,200 $780 $998 $1,525

-6% -34% 1% 8% 4% 9% -19% 68%

6% -17% 25% -18% -1% -1% -1% 14%

$1,198 $914 $970 $999 $821 $499 $2,187 $1,935 $1,208 $1,235 $400 $638 $2,025

$798 $996 $925 $990 $700 $620 $2,375 $2,100 $1,589 $999 $325 $555 $1,741

$561 $805 $810 $1,955 $755 $477 $2,310 $2,451 $982 $996 $373 $555 $1,538

50% -8% 5% 1% 17% -19% -8% -8% -24% 24% 23% 15% 16%

114% 14% 20% -49% 9% 5% -5% -21% 23% 24% 7% 15% 32%

New York City Residential Sales Report

3rd Qtr. 10

14

Condominium Sale Price Per Square Foot Average Manhattan Battery Park City Chelsea/Flatiron East Harlem East Village Financial/Seaport Gramercy/Kips Bay Greenwich Village Inwood Lower East Side Midtown East Midtown West Morningside Heights Murray Hill Roosevelt Island SoHo TriBeCa Upper East Side Upper West Side Washington Heights West Harlem West Village

3q10

2q10

3q09

$1,150 $974 $1,210 $552 $1,037 $911 $1,168 $1,519

$1,146 $993 $1,246 $553 $1,042 $928 $1,186 $968

$1,112 $1,047 $1,112 $628 $1,056 $965 $1,119 $1,324

0% -2% -3% 0% 0% -2% -2% 57%

3% -7% 9% -12% -2% -6% 4% 15%

$1,139 $1,336 $1,316

$941 $1,247 $1,171 $970 $1,008 $681 $1,297 $1,172 $1,189 $1,236 $440 $530 $1,524

$862 $1,146 $1,154

21% 7% 12%

32% 17% 14%

$936

0% 0% 8% 5% 2% 1% -2% 16% 7%

8%

$1,008 $678 $1,396 $1,233 $1,216 $1,250 $432 $612 $1,632

$1,204 $1,161 $1,105 $1,262 $398 $563 $1,270

Percent Change 2q10 3q09

16% 6% 10% -1% 8% 9% 29%

Median Manhattan Battery Park City Chelsea/Flatiron East Harlem East Village Financial/Seaport Gramercy/Kips Bay Greenwich Village Inwood Lower East Side Midtown East Midtown West Morningside Heights Murray Hill Roosevelt Island SoHo TriBeCa Upper East Side Upper West Side Washington Heights West Harlem West Village

3q10

2q10

3q09

$1,061 $974 $1,129 $596 $1,066 $911 $1,093 $1,518

$1,046 $993 $1,119 $510 $1,076 $928 $1,207 $880

$1,014 $1,047 $1,076 $648 $967 $965 $1,088 $1,328

1% -2% 1% 17% -1% -2% -9% 72%

5% -7% 5% -8% 10% -6% 0% 14%

$1,068 $1,020 $1,164

$971 $1,034 $1,095 $970 $971 $637 $1,317 $1,073 $1,076 $1,074 $427 $553 $1,244

$934 $954 $1,038

10% -1% 6%

14% 7% 12%

$909

-5% 6% 2% 12% -1% 2% 8% 10% 29%

2%

$924 $676 $1,346 $1,200 $1,071 $1,095 $460 $610 $1,603

$1,226 $1,097 $952 $1,062 $436 $590 $1,213

Percent Change 2q10 3q09

10% 9% 13% 3% 5% 3% 32%

New York City Residential Sales Report

3rd Qtr. 10

15

Cooperative Sale Price Average Manhattan Battery Park City Chelsea/Flatiron East Harlem East Village Financial/Seaport Gramercy/Kips Bay Greenwich Village Inwood Lower East Side Midtown East Midtown West Morningside Heights Murray Hill Roosevelt Island SoHo TriBeCa Upper East Side Upper West Side Washington Heights West Harlem West Village

3q10

2q10

3q09

Percent Change 2q10 3q09

$1,046

$1,027

$917

2%

14%

$835 $459 $642 $702 $782 $1,043 $364 $538 $822 $858 $595 $521

$828 $694 $804 $491 $677 $933 $299 $536 $849 $767 $710 $558

$787 $267 $614 $570 $643 $1,066 $318 $488 $935 $562 $471 $503

1% -34% -20% 43% 16% 12% 22% 0% -3% 12% -16% -7%

6% 72% 5% 23% 22% -2% 15% 10% -12% 53% 26% 4%

$1,418 $2,479 $1,407 $1,212 $389 $304 $804

$3,526 $1,667 $1,476 $1,056 $373 $374 $715

$1,209 $1,870 $1,236 $947 $345 $308 $779

-60% 49% -5% 15% 4% -19% 12%

17% 33% 14% 28% 13% -1% 3%

Median Manhattan Battery Park City Chelsea/Flatiron East Harlem East Village Financial/Seaport Gramercy/Kips Bay Greenwich Village Inwood Lower East Side Midtown East Midtown West Morningside Heights Murray Hill Roosevelt Island SoHo TriBeCa Upper East Side Upper West Side Washington Heights West Harlem West Village

3q10

2q10

3q09

Percent Change 2q10 3q09

$650

$635

$597

2%

9%

$619 $412 $548 $604 $574 $847 $378 $487 $629 $580 $475 $430

$625 $694 $750 $390 $529 $770 $286 $493 $593 $520 $573 $482

$605 $267 $535 $470 $500 $815 $365 $495 $623 $483 $450 $468

-1% -41% -27% 55% 8% 10% 32% -1% 6% 12% -17% -11%

2% 54% 2% 28% 15% 4% 3% -2% 1% 20% 6% -8%

$1,325 $2,213 $856 $775 $350 $270 $617

$1,150 $1,685 $815 $758 $353 $318 $631

$1,153 $1,850 $681 $682 $300 $272 $676

15% 31% 5% 2% -1% -15% -2%

15% 20% 26% 14% 17% -1% -9%

New York City Residential Sales Report

3rd Qtr. 10

16

Cooperative Sale Price Per Square Foot Average Manhattan Battery Park City Chelsea/Flatiron East Harlem East Village Financial/Seaport Gramercy/Kips Bay Greenwich Village Inwood Lower East Side Midtown East Midtown West Morningside Heights Murray Hill Roosevelt Island SoHo TriBeCa Upper East Side Upper West Side Washington Heights West Harlem West Village

3q10

2q10

3q09

$967

$947

$900

2%

7%

$1,005

$927

$890

8%

13%

$992 $742 $886 $1,113 $400 $601 $860 $881 $827 $855

$994 $670 $863 $1,172 $512 $539 $846 $904 $944 $946

$981 $807 $847 $1,025 $390 $563 $811 $817 $729 $814

0% 11% 3% -5% -22% 12% 2% -3% -12% -10%

1% -8% 5% 9% 2% 7% 6% 8% 13% 5%

$1,081 $1,003 $1,010 $1,039 $485 $447 $1,238

$1,039 $622 $1,004 $959 $472 $994 $1,168

$1,003 $1,095 $940 $940 $495 $446 $1,028

4% 61% 1% 8% 3% -55% 6%

8% -8% 7% 11% -2% 0% 20%

Percent Change 2q10 3q09

Median Manhattan Battery Park City Chelsea/Flatiron East Harlem East Village Financial/Seaport Gramercy/Kips Bay Greenwich Village Inwood Lower East Side Midtown East Midtown West Morningside Heights Murray Hill Roosevelt Island SoHo TriBeCa Upper East Side Upper West Side Washington Heights West Harlem West Village

Percent Change 3q09 2q10 7% 2%

3q10

2q10

3q09

$875

$855

$819

$945

$878

$854

8%

11%

$883 $742 $865 $1,106 $395 $630 $763 $844 $755 $800

$1,000 $670 $854 $1,068 $475 $585 $758 $814 $961 $865

$949 $807 $823 $911 $395 $544 $741 $761 $705 $794

-12% 11% 1% 4% -17% 8% 1% 4% -21% -8%

-7% -8% 5% 21% 0% 16% 3% 11% 7% 1%

$1,105 $904 $875 $946 $479 $506 $1,194

$1,011 $501 $849 $857 $468 $994 $1,084

$964 $1,009 $807 $857 $475 $446 $1,020

9% 81% 3% 10% 2% -49% 10%

15% -10% 8% 10% 1% 13% 17%

New York City Residential Sales Report

3rd Qtr. 10

Home Sale Price (includes all condominium, cooperative units and 1-3 family dwellings) Average 3q10

2q10

3q09

Brooklyn $544 Bath Beach $457 Bay Ridge / Fort Hamilton $437 Bedford Stuyvesant $425 Bensonhurst $589 Bergen Beach $528 Brighton Beach $1,017 Boerum Hill $450 Borough Park $588 Brooklyn Heights $1,050 Brownsville / Ocean Hill $312 Bushwick / Wyckoff Heights $387 Canarsie $406 Carroll Gardens $943 Clinton Hill $521 Cobble Hill $1,537 Columbia Street Waterfront District $740 Coney Island $311 Crown Heights $429 Cypress Hills $356 Downtown $503 Dyker Heights $620 East Flatbush $386 East New York / Spring Creek $297 Flatbush / Prospect Park South $485 Flatlands $345 Fort Greene $710 Gerritsen Beach $336 Gowanus $619 Gravesend / Mapleton $513 Greenpoint $531 Kensington / Parkville $517 Manhattan Beach $856 Marine Park / Madison $405 Midwood $451 Mill Basin $517 Park Slope $861 Prospect Heights $710 Prospect Park Lefferts Gardens $387 Red Hook $572 SeaGate $489 Sheepshead Bay $389 Sunset Park $492 Vinegar Hill / Dumbo $802 Williamsburg $549 Windsor Terrace $612

$533 $499 $520 $409 $610 $556 $796 $415 $565 $946 $342 $387 $404 $848 $437 $874

$538 $466 $507 $464 $638 $590 $724 $454 $613 $945 $447 $413 $421 $719 $452 $938

2% -9% -16% 4% -3% -5% 28% 9% 4% 11% -9% 0% 1% 11% 19% 76%

1% -2% -14% -9% -8% -11% 41% -1% -4% 11% -30% -6% -4% 31% 15% 64%

$698 $293 $447 $327 $494 $662 $364 $319 $451 $375 $628 $310 $720 $614 $489 $452 $1,250 $472 $493 $518 $769 $672 $406 $697 $457 $378 $520 $1,198 $561 $653

$505 $286 $491 $342 $514 $670 $367 $333 $446 $372 $595 $355 $717 $585 $519 $488 $560 $450 $423 $502 $819 $729 $523 $715 $363 $331 $545 $965 $638 $572

6% 6% -4% 9% 2% -6% 6% -7% 8% -8% 13% 8% -14% -16% 9% 14% -32% -14% -9% 0% 12% 6% -5% -18% 7% 3% -6% -33% -2% -6%

47% 9% -13% 4% -2% -7% 5% -11% 9% -7% 19% -5% -14% -12% 2% 6% 53% -10% 6% 3% 5% -3% -26% -20% 35% 17% -10% -17% -14% 7%

Note: sale price in thousands

17

Percent Change 2q10 3q09

New York City Residential Sales Report

3rd Qtr. 10

18

Home Sale Price (includes all condominium, cooperative units and 1-3 family dwellings) Median 3q10

2q10

3q09

Brooklyn $465 Bath Beach $500 Bay Ridge / Fort Hamilton $350 Bedford Stuyvesant $371 Bensonhurst $605 Bergen Beach $535 Brighton Beach $775 Boerum Hill $395 Borough Park $560 Brooklyn Heights $700 Brownsville / Ocean Hill $284 Bushwick / Wyckoff Heights $375 Canarsie $424 Carroll Gardens $786 Clinton Hill $442 Cobble Hill $1,225 Columbia Street Waterfront District $660 Coney Island $315 Crown Heights $411 Cypress Hills $330 Downtown $470 Dyker Heights $620 East Flatbush $382 East New York / Spring Creek $256 Flatbush / Prospect Park South $413 Flatlands $385 Fort Greene $545 Gerritsen Beach $355 Gowanus $540 Gravesend / Mapleton $440 Greenpoint $496 Kensington / Parkville $333 Manhattan Beach $710 Marine Park / Madison $432 Midwood $399 Mill Basin $452 Park Slope $733 Prospect Heights $673 Prospect Park Lefferts Gardens $318 Red Hook $500 SeaGate $500 Sheepshead Bay $360 Sunset Park $400 Vinegar Hill / Dumbo $775 Williamsburg $500 Windsor Terrace $600

$455 $477 $400 $390 $660 $540 $734 $401 $537 $645 $304 $357 $405 $657 $380 $510

$470 $485 $465 $450 $665 $593 $589 $395 $572 $610 $470 $437 $417 $570 $365 $769

2% 5% -13% -5% -8% -1% 6% -1% 4% 9% -6% 5% 5% 20% 16% 140%

-1% 3% -25% -18% -9% -10% 32% 0% -2% 15% -39% -14% 2% 38% 21% 59%

$778 $285 $449 $331 $479 $677 $379 $267 $377 $413 $559 $348 $618 $507 $446 $336 $985 $455 $446 $433 $644 $493 $344 $800 $440 $338 $465 $1,068 $535 $628

$505 $265 $525 $380 $383 $673 $385 $298 $383 $371 $465 $354 $550 $483 $475 $400 $540 $450 $423 $422 $640 $560 $468 $715 $363 $300 $525 $965 $600 $505

-15% 11% -8% 0% -2% -8% 1% -4% 10% -7% -3% 2% -13% -13% 11% -1% -28% -5% -10% 4% 14% 37% -8% -38% 14% 6% -14% -27% -6% -4%

31% 19% -22% -13% 23% -8% -1% -14% 8% 4% 17% 0% -2% -9% 4% -17% 31% -4% -5% 7% 15% 20% -32% -30% 38% 20% -24% -20% -17% 19%

Note: sale price in thousands

Percent Change 2q10 3q09

New York City Residential Sales Report

3rd Qtr. 10

19

Apartment Sale Price (includes all condominium & cooperative units) Average Brooklyn Bath Beach Bay Ridge / Fort Hamilton Bedford Stuyvesant Bensonhurst Bergen Beach Brighton Beach Boerum Hill Borough Park Brooklyn Heights Brownsville / Ocean Hill Bushwick / Wyckoff Heights Canarsie Carroll Gardens Clinton Hill Cobble Hill Columbia Street Waterfront District Coney Island Crown Heights Cypress Hills Downtown Dyker Heights East Flatbush East New York / Spring Creek Flatbush / Prospect Park South Flatlands Fort Greene Gerritsen Beach Gowanus Gravesend / Mapleton Greenpoint Kensington / Parkville Manhattan Beach Marine Park / Madison Midwood Mill Basin Park Slope Prospect Heights Prospect Park Lefferts Gardens Red Hook SeaGate Sheepshead Bay Sunset Park Vinegar Hill / Dumbo Williamsburg Windsor Terrace Note: sale price in thousands

3q10

2q10

3q09

Percent Change 2q10 3q09

$478 $258 $272 $404 $317 $441 $760 $449 $447 $798 $316 $316 $253 $814 $432 $743

$471 $254 $262 $397 $303 $399 $730 $405 $383 $760 $304 $282 $187 $677 $440 $511

$465 $238 $281 $470 $362 $408 $572 $465 $470 $837 $115 $333 $270 $533 $362 $648

2% 1% 4% 2% 5% 10% 4% 11% 17% 5% 4% 12% 35% 20% -2% 46%

3% 8% -3% -14% -12% 8% 33% -3% -5% -5% 175% -5% -6% 53% 19% 15%

$564 $304 $389

$614 $285 $433

$505 $284 $505

-8% 7% -10%

12% 7% -23%

$503 $390 $265 $217 $350 $188 $539

$491 $386 $277 $211 $303 $169 $567

$439 $280 $217 $217 $320 $206 $504

2% 1% -5% 3% 15% 11% -5%

15% 39% 22% 0% 10% -9% 7%

$572 $326 $483 $237 $325 $206 $259 $148 $725 $643 $232 $500

$559 $306 $461 $289 $220 $191 $231 $140 $645 $601 $297

$578 $229 $425 $286

-1% 42% 14% -17%

$229 $213 $151 $656 $722 $290

2% 7% 5% -18% 48% 8% 12% 6% 12% 7% -22%

-10% 22% -2% 11% -11% -20%

$239 $341 $802 $546 $434

$240 $355 $1,210 $529 $400

$216 $317 $965 $631 $432

0% -4% -34% 3% 8%

11% 8% -17% -13% 0%

New York City Residential Sales Report

2nd Qtr. 10

Apartment Sale Price (includes all condominium & cooperative units) Median Brooklyn Bath Beach Bay Ridge / Fort Hamilton Bedford Stuyvesant Bensonhurst Bergen Beach Brighton Beach Boerum Hill Borough Park Brooklyn Heights Brownsville / Ocean Hill Bushwick / Wyckoff Heights Canarsie Carroll Gardens Clinton Hill Cobble Hill Columbia Street Waterfront District Coney Island Crown Heights Cypress Hills Downtown Dyker Heights East Flatbush East New York / Spring Creek Flatbush / Prospect Park South Flatlands Fort Greene Gerritsen Beach Gowanus Gravesend / Mapleton Greenpoint Kensington / Parkville Manhattan Beach Marine Park / Madison Midwood Mill Basin Park Slope Prospect Heights Prospect Park Lefferts Gardens Red Hook SeaGate Sheepshead Bay Sunset Park Vinegar Hill / Dumbo Williamsburg Windsor Terrace Note: sale price in thousands

20

3q10

2q10

3q09

Percent Change 2q10 3q09

$418 $205 $267 $350 $312 $466 $715 $477 $393 $664 $328 $290 $300 $742 $407 $715

$405 $222 $235 $385 $219 $385 $630 $400 $360 $570 $304 $284 $187 $600 $380 $505

$399 $196 $248 $415 $395 $390 $550 $482 $376 $600 $115 $333 $270 $532 $350 $641

3% -8% 14% -9% 43% 21% 13% 19% 9% 16% 8% 2% 60% 24% 7% 42%

5% 4% 8% -16% -21% 19% 30% -1% 4% 11% 185% -13% 11% 39% 16% 11%

$535 $280 $381

$652 $273 $447

$505 $265 $499

-18% 3% -15%

6% 6% -24%

$470 $390 $212 $214 $344 $200 $514

$475 $386 $250 $206 $320 $158 $549

$370 $280 $235 $209 $315 $200 $518

-1% 1% -15% 4% 8% 27% -6%

27% 39% -10% 2% 9% 0% -1%

$497 $335 $433 $221 $345 $179 $204 $148 $690 $635 $231 $500

$460 $318 $399 $246 $220 $162 $203 $148 $593 $478 $275

$539 $200 $420 $240

-8% 67% 3% -8%

$210 $179 $156 $599 $553 $270

8% 5% 8% -10% 57% 11% 1% 1% 16% 33% -16%

-15% 14% -5% 15% 15% -14%

$190 $299 $775 $500 $415

$218 $328 $1,140 $519 $385

$179 $312 $965 $575 $431

-13% -9% -32% -4% 8%

6% -4% -20% -13% -4%

New York City Residential Sales Report

2nd Qtr. 10

21

Apartment Sale Price Per Square Foot

(includes all condominium & cooperative units)

Average Brooklyn Bath Beach Bay Ridge / Fort Hamilton Bedford Stuyvesant Bensonhurst Bergen Beach Brighton Beach Boerum Hill Borough Park Brooklyn Heights Brownsville / Ocean Hill Bushwick / Wyckoff Heights Canarsie Carroll Gardens Clinton Hill Cobble Hill Columbia Street Waterfront District Coney Island Crown Heights Cypress Hills Downtown Dyker Heights East Flatbush East New York / Spring Creek Flatbush / Prospect Park South Flatlands Fort Greene Gerritsen Beach Gowanus Gravesend / Mapleton Greenpoint Kensington / Parkville Manhattan Beach Marine Park / Madison Midwood Mill Basin Park Slope Prospect Heights Prospect Park Lefferts Gardens Red Hook SeaGate Sheepshead Bay Sunset Park Vinegar Hill / Dumbo Williamsburg Windsor Terrace

3q10

2q10

3q09

$510 $334 $366 $341 $302 $315 $751 $376 $454 $769 $380 $439 $296 $639 $649 $648

$517 $331 $352 $355 $329 $349 $733 $393 $421 $670 $299 $453 $230 $597 $545 $693

$498 $326 $384 $348 $364 $357 $625 $349 $433 $811 $121

$586 $339 $430

Percent Change 2q10 3q09 2% 3% -5% -2% -17% -12% 20% 8% 5% -5% 213%

$260 $641 $561 $621

-1% 1% 4% -4% -8% -10% 2% -4% 8% 15% 27% -3% 29% 7% 19% -7%

$547 $419 $499

$577 $353 $488

7% -19% -14%

2% -4% -12%

$589 $363 $282 $290 $396 $227 $596

$617 $315 $309 $285 $361 $233 $584

$500 $409 $253 $285 $383 $202 $509

-5% 15% -9% 2% 10% -3% 2%

18% -11% 12% 2% 3% 12% 17%

$654 $349 $600 $355 $460 $292 $333 $184 $690 $640 $298 $386

$722 $325 $521 $286 $321 $283 $309 $195 $695 $635 $194

$568 $293 $541 $370

15% 19% 11% -4%

$319 $281 $191 $672 $596 $429

-10% 7% 15% 24% 43% 3% 8% -6% -1% 1% 53%

-9% 19% -3% 3% 7% -31%

$313 $448 $719 $567 $563

$311 $418 $907 $530 $615

$293 $441 $720 $622 $544

1% 7% -21% 7% -8%

7% 2% 0% -9% 3%

14% 0% 16% 4%

New York City Residential Sales Report

2nd Qtr. 10

22

Apartment Sale Price Per Square Foot

(includes all condominium & cooperative units)

Median Brooklyn Bath Beach Bay Ridge / Fort Hamilton Bedford Stuyvesant Bensonhurst Bergen Beach Brighton Beach Boerum Hill Borough Park Brooklyn Heights Brownsville / Ocean Hill Bushwick / Wyckoff Heights Canarsie Carroll Gardens Clinton Hill Cobble Hill Columbia Street Waterfront District Coney Island Crown Heights Cypress Hills Downtown Dyker Heights East Flatbush East New York / Spring Creek Flatbush / Prospect Park South Flatlands Fort Greene Gerritsen Beach Gowanus Gravesend / Mapleton Greenpoint Kensington / Parkville Manhattan Beach Marine Park / Madison Midwood Mill Basin Park Slope Prospect Heights Prospect Park Lefferts Gardens Red Hook SeaGate Sheepshead Bay Sunset Park Vinegar Hill / Dumbo Williamsburg Windsor Terrace

3q10

2q10

3q09

$506 $321 $369 $342 $282 $327 $756 $370 $425 $740 $358 $414 $293 $702 $612 $690

$511 $321 $337 $361 $278 $349 $747 $378 $408 $604 $299 $453 $230 $592 $566 $721

$483 $326 $338 $318 $390 $364 $610 $360 $426 $808 $121

$612 $333 $466 UM! $593 $363 $275 $295 $446 $238 $581

Percent Change 2q10 3q09 5% -1% 9% 8% -28% -10% 24% 3% 0% -8% 195%

$260 $642 $580 $623

-1% 0% 10% -5% 1% -6% 1% -2% 4% 23% 20% -9% 27% 19% 8% -4%

$547 $419 $508

$577 $344 $509

12% -20% -8%

6% -3% -8%

$599 $315 $261 $287 $383 $233 $531

$468 $409 $257 $287 $411 $233 $492

-1% 15% 5% 3% 17% 2% 9%

27% -11% 7% 3% 9% 2% 18%

$684 $361 $610 $339 $460 $291 $304 $184 $699 $644 $291 $386

$722 $329 $588 $277 $321 $275 $301 $195 $680 $643 $180

$555 $265 $573 $323

23% 36% 6% 5%

$339 $296 $196 $639 $577 $351

-5% 10% 4% 22% 43% 6% 1% -6% 3% 0% 62%

-14% 3% -6% 9% 12% -17%

$315 $457 $712 $599 $507

$319 $423 $826 $581 $643

$295 $476 $772 $667 $532

-1% 8% -14% 3% -21%

7% -4% -8% -10% -5%

13% 9% 5% 11%

New York City Residential Sales Report

3rd Qtr. 10

Condominium Sale Price Average 3q10

2q10

3q09

Brooklyn $541 Bath Beach $384 Bay Ridge / Fort Hamilton $306 Bedford Stuyvesant $404 Bensonhurst $425 Bergen Beach $441 Brighton Beach $790 Boerum Hill $631 Borough Park $468 Brooklyn Heights $1,160 Brownsville / Ocean Hill $316 Bushwick / Wyckoff Heights $316 Canarsie $284 Carroll Gardens $906 Clinton Hill $556 Cobble Hill $931 Columbia Street Waterfront District $564 Coney Island $533 Crown Heights $414 Cypress Hills Downtown $538 Dyker Heights $390 East Flatbush $442 East New York / Spring Creek $217 Flatbush / Prospect Park South $443 Flatlands Fort Greene $656 Gerritsen Beach Gowanus $572 Gravesend / Mapleton $405 Greenpoint $483 Kensington / Parkville $286 Manhattan Beach Marine Park / Madison $357 Midwood $412 Mill Basin Park Slope $801 Prospect Heights $621 Prospect Park Lefferts Gardens $316 Red Hook $500 SeaGate Sheepshead Bay $413 Sunset Park $380 Vinegar Hill / Dumbo $796 Williamsburg $550 Windsor Terrace $573

$549 $443 $412 $390 $468 $399 $778 $559 $424 $1,007 $304 $282 $187 $688 $545 $673

$557 $440 $395 $470 $416 $408 $627 $641 $499 $1,145 $115 $333 $270 $501 $458 $678

-1% -13% -26% 4% -9% 10% 2% 13% 10% 15% 4% 12% 52% 32% 2% 38%

-3% -13% -23% -14% 2% 8% 26% -2% -6% 1% 175% -5% 5% 81% 21% 37%

$614

-8%

$451

$505 $422 $584

-8%

12% 26% -29%

$536 $386 $364 $211 $365

$658 $280 $255 $217 $421

0% 1% 22% 3% 22%

-18% 39% 73% 0% 5%

$607

$613

8%

7%

$559 $407 $480 $490

$584 $373 $425 $519

2% -1% 1% -42%

-2% 9% 14% -45%

$323 $400

$361 $284

11% 3%

-1% 45%

$688 $672 $307

$741 $844 $432

17% -8% 3%

8% -26% -27%

$364 $372 $1,210 $532 $440

$362 $353 $965 $638 $510

13% 2% -34% 3% 30%

14% 8% -17% -14% 12%

Note: sale price in thousands

23

Percent Change 2q10 3q09

New York City Residential Sales Report

3rd Qtr. 10

Condominium Sale Price Median 3q10

2q10

3q09

Brooklyn $484 Bath Beach $355 Bay Ridge / Fort Hamilton $269 Bedford Stuyvesant $350 Bensonhurst $436 Bergen Beach $466 Brighton Beach $725 Boerum Hill $525 Borough Park $493 Brooklyn Heights $993 Brownsville / Ocean Hill $328 Bushwick / Wyckoff Heights $290 Canarsie $313 Carroll Gardens $800 Clinton Hill $565 Cobble Hill $1,150 Columbia Street Waterfront District $535 Coney Island $533 Crown Heights $406 Cypress Hills Downtown $495 Dyker Heights $390 East Flatbush $395 East New York / Spring Creek $214 Flatbush / Prospect Park South $473 Flatlands Fort Greene $608 Gerritsen Beach Gowanus $497 Gravesend / Mapleton $421 Greenpoint $430 Kensington / Parkville $313 Manhattan Beach Marine Park / Madison $355 Midwood $500 Mill Basin Park Slope $760 Prospect Heights $616 Prospect Park Lefferts Gardens $303 Red Hook $500 SeaGate Sheepshead Bay $345 Sunset Park $348 Vinegar Hill / Dumbo $735 Williamsburg $510 Windsor Terrace $598

$477 $477 $448 $380 $431 $385 $702 $507 $418 $810 $304 $284 $187 $600 $548 $738

$486 $440 $453 $415 $427 $390 $600 $603 $491 $875 $115 $333 $270 $502 $437 $769

1% -26% -40% -8% 1% 21% 3% 4% 18% 23% 8% 2% 67% 33% 3% 56%

0% -19% -41% -16% 2% 19% 21% -13% 0% 13% 185% -13% 16% 59% 29% 50%

$652

-18%

$454

$505 $417 $540

-11%

6% 28% -25%

$508 $386 $379 $206 $366

$712 $280 $258 $209 $410

-2% 1% 4% 4% 29%

-30% 39% 53% 2% 15%

$572

$601

6%

1%

$460 $405 $419 $400

$539 $387 $420 $477

8% 4% 3% -22%

-8% 9% 2% -34%

$343 $400

$365 $262

3% 25%

-3% 91%

$640 $461 $280

$720 $669 $420

19% 33% 8%

6% -8% -28%

$353 $346 $1,140 $527 $440

$350 $367 $965 $575 $505

-2% 0% -36% -3% 36%

-1% -5% -24% -11% 18%

Note: sale price in thousands

24

Percent Change 2q10 3q09

New York City Residential Sales Report

3rd Qtr. 10

25

Condominium Price Per Sq. Ft. Average Brooklyn Bath Beach Bay Ridge / Fort Hamilton Bedford Stuyvesant Bensonhurst Bergen Beach Brighton Beach Boerum Hill Borough Park Brooklyn Heights Brownsville / Ocean Hill Bushwick / Wyckoff Heights Canarsie Carroll Gardens Clinton Hill Cobble Hill Columbia Street Waterfront District Coney Island Crown Heights Cypress Hills Downtown Dyker Heights East Flatbush East New York / Spring Creek Flatbush / Prospect Park South Flatlands Fort Greene Gerritsen Beach Gowanus Gravesend / Mapleton Greenpoint Kensington / Parkville Manhattan Beach Marine Park / Madison Midwood Mill Basin Park Slope Prospect Heights Prospect Park Lefferts Gardens Red Hook SeaGate Sheepshead Bay Sunset Park Vinegar Hill / Dumbo Williamsburg Windsor Terrace

3q10

2q10

3q09

$528 $349 $336 $341 $327 $315 $765 $530 $385 $763 $380 $439 $296 $657 $699 $698

$546 $382 $415 $355 $367 $349 $741 $497 $393 $692 $299 $453 $230 $625 $498 $665

$513

$586 $408 $430

$547

$430 $348 $389 $357 $640 $515 $363 $969 $121 $260 $598 $498 $508

Percent Change 2q10 3q09 -3% -9% -19% -4% -11% -10% 3% 7% -2% 10% 27% -3% 29% 5% 40% 5% 7%

3% -22% -2% -16% -12% 20% 3% 6% -21% 213% 14% 10% 40% 37%

$499

$577 $421 $478

-14%

2% -3% -10%

$617 $363 $424 $290 $434

$660 $315 $376 $285 $490

$409 $254 $285 $485

-6% 15% 13% 2% -11%

-11% 67% 2% -11%

$614

$533

$514

15%

20%

$651 $387 $602 $378

$722 $418 $527 $152

$566 $414 $541 $435

-10% -7% 14% 148%

15% -6% 11% -13%

$372 $294

$391

$383 $298

-5%

-3% -1%

$634 $611 $285 $386

$679 $660 $222

$597 $603 $667

-6% -7% 28%

6% 1% -57%

$468 $469 $732 $567 $541

$433 $446 $907 $530 $550

$443 $484 $720 $622 $508

8% 5% -19% 7% -2%

6% -3% 2% -9% 6%

New York City Residential Sales Report

3rd Qtr. 10

26

Condominium Price Per Sq. Ft. Median Brooklyn Bath Beach Bay Ridge / Fort Hamilton Bedford Stuyvesant Bensonhurst Bergen Beach Brighton Beach Boerum Hill Borough Park Brooklyn Heights Brownsville / Ocean Hill Bushwick / Wyckoff Heights Canarsie Carroll Gardens Clinton Hill Cobble Hill Columbia Street Waterfront District Coney Island Crown Heights Cypress Hills Downtown Dyker Heights East Flatbush East New York / Spring Creek Flatbush / Prospect Park South Flatlands Fort Greene Gerritsen Beach Gowanus Gravesend / Mapleton Greenpoint Kensington / Parkville Manhattan Beach Marine Park / Madison Midwood Mill Basin Park Slope Prospect Heights Prospect Park Lefferts Gardens Red Hook SeaGate Sheepshead Bay Sunset Park Vinegar Hill / Dumbo Williamsburg Windsor Terrace

3q10

2q10

3q09

$543 $357 $311 $342 $300 $327 $758 $503 $380 $740 $358 $414 $293 $629 $629 $721

$554 $382 $444 $361 $414 $349 $747 $498 $378 $610 $299 $453 $230 $610 $548 $665

$524

$612 $408 $466

$547 $508

$577 $440 $482

$606 $363 $424 $295 $453

$639 $315 $410 $287 $490

$602

$491 $318 $390 $364 $568 $434 $365 $927 $121 $260 $607 $470 $556

Percent Change 2q10 3q09 -2% -6% -30% -5% -27% -6% 1% 1% 1% 21% 20% -9% 27% 3% 15% 8% 12%

4% -37% 8% -23% -10% 33% 16% 4% -20% 195% 13% 4% 34% 30%

-8%

6% -7% -3%

$409 $255 $287 $485

-5% 15% 4% 3% -7%

-11% 66% 3% -7%

$511

$476

18%

27%

$682 $380 $612 $435

$722 $381 $591 $152

$553 $414 $573 $435

-6% 0% 4% 186%

23% -8% 7% 0%

$376 $294

$391

$383 $298

-4%

-2% -1%

$661 $570 $266 $386

$668 $653 $222

$611 $590 $667

-1% -13% 19%

8% -3% -60%

$463 $464 $735 $599 $538

$444 $444 $826 $581 $550

$458 $500 $772 $667 $497

4% 5% -11% 3% -2%

1% -7% -5% -10% 8%

New York City Residential Sales Report

3rd Qtr. 10

27

Cooperative Sale Price Average Brooklyn Bath Beach Bay Ridge / Fort Hamilton Bedford Stuyvesant Bensonhurst Bergen Beach Brighton Beach Boerum Hill Borough Park Brooklyn Heights Brownsville / Ocean Hill Bushwick / Wyckoff Heights Canarsie Carroll Gardens Clinton Hill Cobble Hill Columbia Street Waterfront District Coney Island Crown Heights Cypress Hills Downtown Dyker Heights East Flatbush East New York / Spring Creek Flatbush / Prospect Park South Flatlands Fort Greene Gerritsen Beach Gowanus Gravesend / Mapleton Greenpoint Kensington / Parkville Manhattan Beach Marine Park / Madison Midwood Mill Basin Park Slope Prospect Heights Prospect Park Lefferts Gardens Red Hook SeaGate Sheepshead Bay Sunset Park Vinegar Hill / Dumbo Williamsburg Windsor Terrace Note: sale price in thousands

3q10

2q10

3q09

$385 $194 $259

$383 $213 $262

12% -6% 7%

1% -9% -1%

$155

$344 $207 $241 $640 $179

$237

-14%

-35%

$564 $307 $257 $657

$499 $230 $127 $558

$440 $250 $194 $810

13% 34% 103% 18%

28% 23% 33% -19%

$130 $711 $358 $587

$599 $352 $450

$590 $320 $588

19% 2% 30%

21% 12% 0%

$275 $253

$285 $188

$260 $241

-4% 35%

6% 5%

$371

$314

$319

18%

16%

$176

$180

$187

-3%

-6%

$297 $188 $371

$288 $169 $419

$293 $206 $395

3% 11% -11%

1% -9% -6%

$575 $184 $496 $233 $325 $175 $219 $148 $665 $664 $212

$206 $282 $243 $220 $167 $217 $140 $604 $475 $279

$188 $259 $843 $451 $387

$475 $193

Percent Change 2q10 3q09

21% -5%

$181 $177 $151 $604 $556 $204

-10% 76% -4% 48% 5% 1% 6% 10% 40% -24%

-3% 24% -2% 10% 19% 4%

$182 $240

$170 $202

3% 8%

11% 28%

$408 $389

$214 $413

11% 0%

111% -6%

$227

3%

New York City Residential Sales Report

3rd Qtr. 10

Cooperative Sale Price Median Brooklyn Bath Beach Bay Ridge / Fort Hamilton Bedford Stuyvesant Bensonhurst Bergen Beach Brighton Beach Boerum Hill Borough Park Brooklyn Heights Brownsville / Ocean Hill Bushwick / Wyckoff Heights Canarsie Carroll Gardens Clinton Hill Cobble Hill Columbia Street Waterfront District Coney Island Crown Heights Cypress Hills Downtown Dyker Heights East Flatbush East New York / Spring Creek Flatbush / Prospect Park South Flatlands Fort Greene Gerritsen Beach Gowanus Gravesend / Mapleton Greenpoint Kensington / Parkville Manhattan Beach Marine Park / Madison Midwood Mill Basin Park Slope Prospect Heights Prospect Park Lefferts Gardens Red Hook SeaGate Sheepshead Bay Sunset Park Vinegar Hill / Dumbo Williamsburg Windsor Terrace Note: sale price in thousands

28

3q10

2q10

3q09

$299 $185 $265

$280 $193 $238

9% -10% 16%

7% -4% 12%

$148

$275 $205 $228 $640 $170

$235

-13%

-37%

$564 $344 $251 $526

$495 $181 $128 $438

$540 $212 $162 $583

14% 91% 96% 20%

4% 63% 55% -10%

$130 $713 $368 $446

$599 $343 $452

$594 $330 $400

19% 7% -1%

20% 11% 12%

$273 $250

$273 $188

$255 $209

0% 33%

7% 20%

$335

$287

$320

17%

5%

$168

$175

$157

-4%

7%

$282 $200 $317

$291 $158 $443

$280 $200 $400

-3% 27% -28%

1% 0% -21%

$575 $168 $496 $220 $345 $171 $193 $148 $649 $660 $165

$200 $315 $236 $220 $151 $196 $148 $535 $479 $172

$175 $245 $843 $270 $378

$475 $182

Percent Change 2q10 3q09

21% -8%

$164 $163 $156 $563 $450 $222

-16% 57% -7% 57% 13% -2% 1% 21% 38% -4%

4% 18% -5% 15% 47% -25%

$164 $230

$168 $190

7% 7%

4% 29%

$408 $385

$214 $401

-34% -2%

26% -6%

$227

-3%

New York City Residential Sales Report

3rd Qtr. 10

29

Cooperative Sale Price Per Square Foot Average

Brooklyn Bath Beach Bay Ridge / Fort Hamilton Bedford Stuyvesant Bensonhurst Bergen Beach Brighton Beach Boerum Hill Borough Park Brooklyn Heights Brownsville / Ocean Hill Bushwick / Wyckoff Heights Canarsie Carroll Gardens Clinton Hill Cobble Hill Columbia Street Waterfront District Coney Island Crown Heights Cypress Hills Downtown Dyker Heights East Flatbush East New York / Spring Creek Flatbush / Prospect Park South Flatlands Fort Greene Gerritsen Beach Gowanus Gravesend / Mapleton Greenpoint Kensington / Parkville Manhattan Beach Marine Park / Madison Midwood Mill Basin Park Slope Prospect Heights Prospect Park Lefferts Gardens Red Hook SeaGate Sheepshead Bay Sunset Park Vinegar Hill / Dumbo Williamsburg Windsor Terrace

3q10

2q10

3q09

$473 $309 $382

$462 $319 $334

$487 $326 $378

2% -3% 14%

-3% -5% 1%

$228

$301

$235

-24%

-3%

$583 $378 $234 $775

$704 $345

-17% 10%

$624

$588 $310 $275 $793

24%

-1% 22% -15% -2%

$623 $592 $446

$400 $579 $708

$716 $573 $958

56% 2% -37%

-13% 3% -54%

$322

$419

$333

-23%

-3%

$488

$466

$500

5%

-2%

$254

$242

$251

5%

1%

$361 $227 $556

$343 $233 $729

$366 $202 $508

5% -3% -24%

-1% 12% 10%

$747 $250 $539 $352 $460 $268 $341 $184 $740 $675 $302

$256 $460 $297 $321 $262 $309 $195 $712 $590 $137

$272 $406 $596 $575

$617 $274

Percent Change 2q10 3q09

21% -9% ! -3%

$303 $279 $191 $709 $588 $271

-2% 17% 19% 43% 2% 10% -6% 4% 14% 120%

-12% 22% -3% 4% 15% 12%

$268 $324

$252 $302

1% 25%

8% 34%

$648

$555

-11%

4%

$365

New York City Residential Sales Report

3rd Qtr. 10

30

Cooperative Sale Price Per Square Foot Median

Brooklyn Bath Beach Bay Ridge / Fort Hamilton Bedford Stuyvesant Bensonhurst Bergen Beach Brighton Beach Boerum Hill Borough Park Brooklyn Heights Brownsville / Ocean Hill Bushwick / Wyckoff Heights Canarsie Carroll Gardens Clinton Hill Cobble Hill Columbia Street Waterfront District Coney Island Crown Heights Cypress Hills Downtown Dyker Heights East Flatbush East New York / Spring Creek Flatbush / Prospect Park South Flatlands Fort Greene Gerritsen Beach Gowanus Gravesend / Mapleton Greenpoint Kensington / Parkville Manhattan Beach Marine Park / Madison Midwood Mill Basin Park Slope Prospect Heights Prospect Park Lefferts Gardens Red Hook SeaGate Sheepshead Bay Sunset Park Vinegar Hill / Dumbo Williamsburg Windsor Terrace

3q10

2q10

3q09

$415 $293 $386

$424 $312 $328

$440 $326 $337

-2% -6% 18%

-6% -10% 15%

$228

$246

$235

-8%

-3%

$583 $414 $234 $731

$731 $358

-20% 15%

$587

$661 $292 $293 $786

25%

-12% 42% -20% -7%

$733 $602 $446

$400 $594 $721

$697 $634 $958

83% 1% -38%

5% -5% -54%

$332

$419

$334 $536

-21%

0%

$473

$485

$468

-2%

1%

$271

$238

$265

14%

2%

$356 $238 $538

$375 $233 $588

$402 $233 $494

-5% 2% -9%

-11% 2% 9%

$747 $241 $539 $338 $460 $249 $312 $184 $725 $673 $316

$248 $460 $277 $321 $243 $301 $195 $681 $616 $137

$291 $414 $596 $444

$617 $260

Percent Change 2q10 3q09

21% -7%

$297 $281 $196 $667 $543 $331

-3% 17% 22% 43% 3% 4% -6% 7% 9% 130%

-16% 11% -6% 9% 24% -5%

$279 $292

$236 $296

4% 42%

23% 40%

$695

$541

-36%

-18%

$296

14%

New York City Residential Sales Report

3rd Qtr. 10

One - Three Family Dwelling Sale Price Average 3q10

2q10

3q09

Brooklyn $623 Bath Beach $606 Bay Ridge / Fort Hamilton $703 Bedford Stuyvesant $433 Bensonhurst $642 Bergen Beach $579 Brighton Beach $1,568 Boerum Hill $459 Borough Park $723 Brooklyn Heights $2,947 Brownsville / Ocean Hill $312 Bushwick / Wyckoff Heights $396 Canarsie $419 Carroll Gardens $1,186 Clinton Hill $807 Cobble Hill $2,410 Columbia Street Waterfront District $1,268 Coney Island $338 Crown Heights $475 Cypress Hills $356 Downtown Dyker Heights $629 East Flatbush $407 East New York / Spring Creek $336 Flatbush / Prospect Park South $553 Flatlands $400 Fort Greene $1,394 Gerritsen Beach $336 Gowanus $829 Gravesend / Mapleton $732 Greenpoint $668 Kensington / Parkville $900 Manhattan Beach $1,055 Marine Park / Madison $529 Midwood $627 Mill Basin $549 Park Slope $1,484 Prospect Heights $1,048 Prospect Park Lefferts Gardens $470 Red Hook $608 SeaGate $489 Sheepshead Bay $547 Sunset Park $647 Vinegar Hill / Dumbo Williamsburg $578 Windsor Terrace $817

$597 $683 $822 $414 $696 $592 $1,013 $730 $695 $3,315 $348 $403 $410 $1,430 $368 $2,207

$596 $556 $715 $463 $694 $653 $1,239 $381 $678 $3,267 $452 $415 $427 $1,590 $888 $2,679

Note: sale price in thousands

31

$951 $333 $462 $327 $705 $687 $395 $353 $560 $409 $1,038 $310 $1,081 $768 $614 $693 $1,457 $532 $636 $568 $1,369 $1,354 $437 $697 $457 $523 $666 $995 $749 $906

Percent Change 2q10 3q09 4% -11% -14% 5% -8% -2% 55% -37% 4% -11% -10% -2% 2% -17% 119% 9%

5% 9% -2% -6% -8% -11% 26% 20% 7% -10% -31% -5% -2% -25% -9% -10%

$305 $478 $342 $1,800 $686 $392 $354 $595 $414 $933 $355 $1,010 $706 $697 $755 $560 $488 $561 $537 $1,522 $1,100 $626 $715 $363 $483 $677

33% 2% 3% 9%

11% -1% 4%

-8% 3% -5% -1% -2% 34% 8% -23% -5% 9% 30% -28% -1% -1% -3% 8% -23% 8% -13% 7% 5% -3%

-8% 4% -5% -7% -3% 49% -5% -18% 4% -4% 19% 88% 8% 12% 2% -2% -5% -25% -15% 35% 13% -4%

$677 $920

-23% -10%

-15% -11%

New York City Residential Sales Report

3rd Qtr. 10

32

One - Three Family Dwelling Sale Price Median 3q10

2q10

3q09

Brooklyn $522 Bath Beach $583 Bay Ridge / Fort Hamilton $680 Bedford Stuyvesant $374 Bensonhurst $642 Bergen Beach $615 Brighton Beach $1,625 Boerum Hill $420 Borough Park $731 Brooklyn Heights $2,290 Brownsville / Ocean Hill $284 Bushwick / Wyckoff Heights $389 Canarsie $427 Carroll Gardens $1,050 Clinton Hill $762 Cobble Hill $2,138 Columbia Street Waterfront District $1,125 Coney Island $338 Crown Heights $465 Cypress Hills $330 Downtown Dyker Heights $630 East Flatbush $386 East New York / Spring Creek $339 Flatbush / Prospect Park South $553 Flatlands $410 Fort Greene $1,175 Gerritsen Beach $355 Gowanus $700 Gravesend / Mapleton $630 Greenpoint $723 Kensington / Parkville $750 Manhattan Beach $1,055 Marine Park / Madison $529 Midwood $633 Mill Basin $467 Park Slope $1,463 Prospect Heights $1,000 Prospect Park Lefferts Gardens $472 Red Hook $608 SeaGate $500 Sheepshead Bay $545 Sunset Park $700 Vinegar Hill / Dumbo Williamsburg $503 Windsor Terrace $775

$510 $655 $735 $390 $725 $585 $875 $649 $695 $2,750 $300 $410 $410 $1,426 $368 $2,700

$530 $610 $670 $460 $699 $660 $1,200 $400 $697 $3,500 $470 $440 $418 $1,518 $888 $2,679

Note: sale price in thousands

$951 $368 $460 $331 $705 $697 $397 $315 $560 $420 $1,071 $348 $985 $623 $600 $630 $990 $532 $642 $495 $1,150 $1,325 $364 $800 $440 $525 $720 $995 $665 $975

Percent Change 2q10 3q09 2% -11% -7% -4% -11% 5% 86% -35% 5% -17% -5% -5% 4% -26% 107% -21%

-2% -5% 1% -19% -8% -7% 35% 5% 5% -35% -40% -12% 2% -31% -14% -20%

$305 $573 $380 $1,800 $675 $398 $357 $595 $405 $340 $354 $1,086 $573 $713 $668 $540 $488 $550 $450 $1,350 $1,100 $511 $715 $363 $500 $708

18% -8% 1% 0%

11% -19% -13%

-10% -3% 8% -1% -2% 10% 2% -29% 1% 20% 19% 7% -1% -1% -6% 27% -25% 30% -24% 14% 4% -3%

-7% -3% -5% -7% 1% 246% 0% -36% 10% 1% 12% 95% 8% 15% 4% 8% -9% -8% -15% 38% 9% -1%

$709 $909

-24% -21%

-29% -15%

New York City Residential Sales Report

3rd Qtr. 10

33

Home Sale Price (includes all condominium, cooperative units and 1-3 family dwellings) Average 3q10

2q10

3q09

Queens $396 Astoria $463 Bayside $508 Beechhurst/Whitestone $497 Breezy Point/Belle Harbor/ Rockaway Park $578 Briarwood/Jamaica Hills/ Hillcrest $348 College Point $466 Corona/East Elmhurst $450 Douglaston/Little Neck $515 Floral Park/Bellerose $378 Flushing $409 Fresh Meadows/ Oakland Gardens $356 Howard Beach/Broadchannel $383 Jackson Heights/Elmhurst $357 Jamaica Estates/Holliswood $639 Laurelton/Cambria Heights/ St. Albans/Rosedale $342 Long Island City $691 Middle Village/Maspeth $499 Queens Village/Hollis $342 Rego Park/Forest Hills/ Kew Gardens $367 Richmond Hill/ South Ozone Park/Woodhaven $362 Ridgewood/Glendale $390 Rockaways/Averne $359 Springfield Gardens/Jamaica/ South Jamaica/Baisley Park $311 Sunnyside/Woodside $338

$387 $529 $497 $468

$409 $544 $509 $497

3% -13% 2% 6%

-3% -15% 0% 0%

$506

$619

14%

-7%

$344 $529 $471 $470 $378 $402

$364 $580 $451 $466 $391 $430

1% -12% -4% 9% 0% 2%

-4% -20% 0% 10% -3% -5%

$395 $321 $353 $462

$354 $336 $358 $550

-10% 19% 1% 38%

0% 14% 0% 16%

$348 $663 $485 $327

$367 $638 $513 $359

-2% 4% 3% 5%

-7% 8% -3% -5%

$313

$357

17%

3%

$361 $427 $344

$376 $462 $431

0% -9% 4%

-4% -16% -17%

$310 $323

$340 $360

0% 5%

-9% -6%

Note: sale price in thousands

Percent Change 2q10 3q09

New York City Residential Sales Report

3rd Qtr. 10

34

Home Sale Price (includes all condominium, cooperative units and 1-3 family dwellings) Median Queens Astoria Bayside Beechhurst/Whitestone Breezy Point/Belle Harbor/ Rockaway Park Briarwood/Jamaica Hills/ Hillcrest College Point Corona/East Elmhurst Douglaston/Little Neck Floral Park/Bellerose Flushing Fresh Meadows/ Oakland Gardens Howard Beach/Broadchannel Jackson Heights/Elmhurst Jamaica Estates/Holliswood Laurelton/Cambria Heights/ St. Albans/Rosedale Long Island City Middle Village/Maspeth Queens Village/Hollis Rego Park/Forest Hills/ Kew Gardens Richmond Hill/ South Ozone Park/Woodhaven Ridgewood/Glendale Rockaways/Averne Springfield Gardens/Jamaica/ South Jamaica/Baisley Park Sunnyside/Woodside Note: sale price in thousands

3q10

2q10

3q09

Percent Change 2q10 3q09

$355 $433 $510 $418

$340 $450 $468 $475

$370 $498 $490 $494

4% -4% 9% -12%

-4% -13% 4% -15%

$519

$496

$593

5%

-12%

$309 $442 $430 $250 $380 $350

$305 $469 $438 $320 $360 $335

$355 $552 $418 $365 $401 $382

1% -6% -2% -22% 6% 4%

-13% -20% 3% -32% -5% -8%

$238 $345 $308 $676

$245 $215 $284 $453

$225 $275 $290 $654

-3% 60% 8% 49%

6% 25% 6% 3%

$339 $628 $490 $343

$350 $609 $480 $340

$369 $601 $499 $356

-3% 3% 2% 1%

-8% 5% -2% -4%

$265

$251

$250

6%

6%

$360 $410 $339

$345 $445 $294

$360 $468 $413

4% -8% 15%

0% -12% -18%

$303 $275

$304 $286

$321 $295

0% -4%

-6% -7%

New York City Residential Sales Report

3rd Qtr. 10

35

Apartment Sale Price (includes all condominium & cooperative units) Average 3q10

2q10

3q09

Queens $276 Astoria $318 Bayside $317 Beechhurst/Whitestone $244 Breezy Point/Belle Harbor/ Rockaway Park $322 Briarwood/Jamaica Hills/ Hillcrest $201 College Point $396 Corona/East Elmhurst $169 Douglaston/Little Neck $240 Floral Park/Bellerose $292 Flushing $251 Fresh Meadows/ Oakland Gardens $210 Howard Beach/Broadchannel $191 Jackson Heights/Elmhurst $233 Jamaica Estates/Holliswood $166 Laurelton/Cambria Heights/ St. Albans/Rosedale Long Island City $686 Middle Village/Maspeth $224 Queens Village/Hollis $166 Rego Park/Forest Hills/ Kew Gardens $262 Richmond Hill/ South Ozone Park/Woodhaven $294 Ridgewood/Glendale $242 Rockaways/Averne $371 Springfield Gardens/Jamaica/ South Jamaica/Baisley Park $268 Sunnyside/Woodside $230

$274 $364 $300 $277

$267 $353 $337 $257

1% -13% 6% -12%

3% -10% -6% -5%

$405

$330

-20%

-2%

$197 $428 $238 $239 $287 $256

$206 $304 $214 $253 $267 $248

2% -7% -29% 0% 2% -2%

-3% 30% -21% -5% 9% 1%

$198 $165 $234 $168

$209 $160 $234 $149

6% 16% 0% -1%

0% 19% 0% 11%

$148 $652 $254 $153

$639 $261 $150

5% -12% 8%

7% -14% 11%

$249

$236

6%

11%

$233 $353

$223 $166 $188

4% 5%

32% 46% 97%

$193 $244

$200 $247

39% -6%

34% -7%

Note: sale price in thousands

Percent Change 2q10 3q09

New York City Residential Sales Report

3rd Qtr. 10

36

Apartment Sale Price (includes all condominium & cooperative units) Median Queens Astoria Bayside Beechhurst/Whitestone Breezy Point/Belle Harbor/ Rockaway Park Briarwood/Jamaica Hills/ Hillcrest College Point Corona/East Elmhurst Douglaston/Little Neck Floral Park/Bellerose Flushing Fresh Meadows/ Oakland Gardens Howard Beach/Broadchannel Jackson Heights/Elmhurst Jamaica Estates/Holliswood Laurelton/Cambria Heights/ St. Albans/Rosedale Long Island City Middle Village/Maspeth Queens Village/Hollis Rego Park/Forest Hills/ Kew Gardens Richmond Hill/ South Ozone Park/Woodhaven Ridgewood/Glendale Rockaways/Averne Springfield Gardens/Jamaica/ South Jamaica/Baisley Park Sunnyside/Woodside Note: sale price in thousands

3q10

2q10

3q09

Percent Change 2q10 3q09

$225 $333 $255 $218

$233 $352 $243 $213

$225 $349 $285 $245

-3% -6% 5% 2%

0% -5% -11% -11%

$269

$460

$290

-42%

-7%

$174 $400 $161 $210 $238 $216

$168 $417 $267 $216 $235 $240

$195 $260 $220 $220 $205 $224

3% 4% -40% -3% 1% -10%

-11% 54% -27% -5% 16% -4%

$212 $150 $203 $152

$203 $156 $220 $145

$185 $143 $206 $154

5% -4% -8% 4%

15% 5% -2% -2%

$620 $214 $154

$148 $586 $260 $154

$591 $254 $148

6% -18% 0%

5% -16% 4%

$228

$230

$215

-1%

6%

$332 $200 $382

$180 $355

$245 $166 $188

11% 8%

36% 20% 104%

$317 $205

$161 $230

$213 $225

97% -11%

49% -9%

New York City Residential Sales Report

3rd Qtr. 10

37

Apartment Sale Price Per Square Foot

(includes all condominium & cooperative units)

Average 3q10

2q10

3q09

Queens $365 Astoria $481 Bayside $381 Beechhurst/Whitestone $314 Breezy Point/Belle Harbor/ Rockaway Park $350 Briarwood/Jamaica Hills/ Hillcrest $334 College Point $340 Corona/East Elmhurst $279 Douglaston/Little Neck $294 Floral Park/Bellerose $320 Flushing $373 Fresh Meadows/ Oakland Gardens $361 Howard Beach/Broadchannel $207 Jackson Heights/Elmhurst $324 Jamaica Estates/Holliswood $201 Laurelton/Cambria Heights/ St. Albans/Rosedale Long Island City $663 Middle Village/Maspeth $317 Queens Village/Hollis Rego Park/Forest Hills/ Kew Gardens $344 Richmond Hill/ South Ozone Park/Woodhaven $310 Ridgewood/Glendale $309 Rockaways/Averne $348 Springfield Gardens/Jamaica/ South Jamaica/Baisley Park $438 Sunnyside/Woodside $363

$356 $524 $377 $306

$343 $493 $398 $304

3% -8% 1% 3%

7% -2% -4% 3%

$322

$349

9%

0%

$325 $339 $317 $325 $310 $366

$341 $252 $325 $320 $319 $329

3% 0% -12% -10% 3% 2%

-2% 35% -14% -8% 0% 13%

$324 $199 $338 $215

$345 $202 $313 $211

11% 4% -4% -7%

5% 3% 3% -5%

$634 $314 $189

$636 $335

5% 1%

4% -5%

$343

$319

0%

8%

$272 $344 $233 $348

$260 $214 $247 $344

Percent Change 2q10 3q09

14% 1% 88% 4%

19% 44% 77% 6%

New York City Residential Sales Report

3rd Qtr. 10

38

Apartment Sale Price Per Square Foot

(includes all condominium & cooperative units)

Median 3q10

2q10

3q09

Queens $333 Astoria $538 Bayside $363 Beechhurst/Whitestone $301 Breezy Point/Belle Harbor/ Rockaway Park $347 Briarwood/Jamaica Hills/ Hillcrest $304 College Point $356 Corona/East Elmhurst $253 Douglaston/Little Neck $264 Floral Park/Bellerose $310 Flushing $330 Fresh Meadows/ Oakland Gardens $388 Howard Beach/Broadchannel $200 Jackson Heights/Elmhurst $311 Jamaica Estates/Holliswood $241 Laurelton/Cambria Heights/ St. Albans/Rosedale Long Island City $643 Middle Village/Maspeth $270 Queens Village/Hollis Rego Park/Forest Hills/ Kew Gardens $322 Richmond Hill/ South Ozone Park/Woodhaven $332 Ridgewood/Glendale $262 Rockaways/Averne $352 Springfield Gardens/Jamaica/ South Jamaica/Baisley Park $464 Sunnyside/Woodside $369

$329 $577 $349 $290

$314 $489 $407 $312

1% -7% 4% 4%

6% 10% -11% -3%

$269

$302

29%

15%

$345 $333 $329 $264 $306 $324

$299 $277 $308 $299 $295 $300

-12% 7% -23% 0% 1% 2%

2% 28% -18% -12% 5% 10%

$331 $187 $340 $210

$334 $204 $306 $217

17% 7% -8% 15%

16% -2% 2% 11%

$606 $271 $189

$617 $311

6% 0%

4% -13%

$318

$304

1%

6%

$267 $373 $211 $340

$288 $214 $246 $336

Percent Change 2q10 3q09

-2% -6% 120% 9%

16% 22% 89% 10%

New York City Residential Sales Report

3rd Qtr. 10

39

Condominium Sale Price Average 3q10

2q10

3q09

Queens $435 Astoria $399 Bayside $492 Beechhurst/Whitestone $503 Breezy Point/Belle Harbor/ Rockaway Park $374 Briarwood/Jamaica Hills/ Hillcrest $298 College Point $396 Corona/East Elmhurst $193 Douglaston/Little Neck $543 Floral Park/Bellerose $480 Flushing $361 Fresh Meadows/ Oakland Gardens $409 Howard Beach/Broadchannel $304 Jackson Heights/Elmhurst $317 Jamaica Estates/Holliswood Laurelton/Cambria Heights/ St. Albans/Rosedale Long Island City $703 Middle Village/Maspeth $293 Queens Village/Hollis Rego Park/Forest Hills/ Kew Gardens $404 Richmond Hill/ South Ozone Park/Woodhaven $294 Ridgewood/Glendale $341 Rockaways/Averne $379 Springfield Gardens/Jamaica/ South Jamaica/Baisley Park $358 Sunnyside/Woodside $351

$410 $414 $475 $514

$407 $411 $511 $600

6% -4% 4% -2%

7% -3% -4% -16%

$487

$483

-23%

-23%

$286 $428 $269 $527

$308 $304 $263 $491

4% -8% -28% 3%

-3% 30% -27% 10%

$336

$331

7%

9%

$268 $217 $295

$350 $179 $294 $219

52% 40% 7%

17% 70% 8%

$652 $302

$661 $329

8% -3%

6% -11%

$361

$299

12%

35%

Note: sale price in thousands

Percent Change 2q10 3q09

$246 $363 $353 $274 $345

20%

$188

-6% 7%

102%

$250 $374

30% 2%

43% -6%

New York City Residential Sales Report

3rd Qtr. 10

40

Condominium Sale Price Median 3q10

2q10

3q09

Queens $383 Astoria $381 Bayside $510 Beechhurst/Whitestone $503 Breezy Point/Belle Harbor/ Rockaway Park $390 Briarwood/Jamaica Hills/ Hillcrest $300 College Point $400 Corona/East Elmhurst $183 Douglaston/Little Neck $585 Floral Park/Bellerose $480 Flushing $348 Fresh Meadows/ Oakland Gardens $396 Howard Beach/Broadchannel $205 Jackson Heights/Elmhurst $319 Jamaica Estates/Holliswood Laurelton/Cambria Heights/ St. Albans/Rosedale Long Island City $640 Middle Village/Maspeth $275 Queens Village/Hollis Rego Park/Forest Hills/ Kew Gardens $355 Richmond Hill/ South Ozone Park/Woodhaven $332 Ridgewood/Glendale $354 Rockaways/Averne $415 Springfield Gardens/Jamaica/ South Jamaica/Baisley Park $365 Sunnyside/Woodside $323

$370 $412 $445 $638

$358 $410 $542 $600

4% -7% 15% -21%

7% -7% -6% -16%

$494

$459

-21%

-15%

$307 $417 $280 $515

$310 $260 $269 $504

-2% -4% -35% 14%

-3% 54% -32% 16%

$338

$330

3%

6%

$265 $195 $288

$308 $180 $300 $219

49% 5% 11%

29% 14% 6%

$586 $279

$609 $330

9% -1%

5% -17%

$317

$301

12%

18%

Note: sale price in thousands

Percent Change 2q10 3q09

$270 $365 $355 $274 $340

23%

$188

-3% 17%

121%

$250 $374

33% -5%

46% -14%

New York City Residential Sales Report

3rd Qtr. 10

41

Condominium Sale Price Per Square Foot Average 3q10

2q10

3q09

Percent Change 2q10 3q09

Queens $478 Astoria $573 Bayside $488 Beechhurst/Whitestone $448 Breezy Point/Belle Harbor/ Rockaway Park $389 Briarwood/Jamaica Hills/ Hillcrest $395 College Point $340 Corona/East Elmhurst $308 Douglaston/Little Neck $403 Floral Park/Bellerose Flushing $472 Fresh Meadows/ Oakland Gardens $418 Howard Beach/Broadchannel $229 Jackson Heights/Elmhurst $366 Jamaica Estates/Holliswood Laurelton/Cambria Heights/ St. Albans/Rosedale Long Island City $663 Middle Village/Maspeth $445 Queens Village/Hollis Rego Park/Forest Hills/ Kew Gardens $474 Richmond Hill/ South Ozone Park/Woodhaven $310 Ridgewood/Glendale $408 Rockaways/Averne $364 Springfield Gardens/Jamaica/ South Jamaica/Baisley Park $438 Sunnyside/Woodside $488

$455 $577 $538 $290

$445 $573 $541

5% -1% -9% 54%

7% 0% -10%

$364

$354

7%

10%

$354 $339 $329 $514

$393 $252 $326 $431

12% 0% -6% -22%

0% 35% -5% -7%

$471

$437

0%

8%

$440 $219 $384

$396 $220 $358 $287

-5% 4% -5%

5% 4% 2%

$634 $437

$636 $400

5% 2%

4% 11%

$416

$427

14%

11%

$260 $345 $344 $342 $457

19% 18% 6%

$453

28% 7%

8%

New York City Residential Sales Report

3rd Qtr. 10

42

Condominium Sale Price Per Square Foot Median 3q10

2q10

3q09

Percent Change 2q10 3q09

Queens $474 Astoria $581 Bayside $521 Beechhurst/Whitestone $448 Breezy Point/Belle Harbor/ Rockaway Park $392 Briarwood/Jamaica Hills/ Hillcrest $397 College Point $356 Corona/East Elmhurst $359 Douglaston/Little Neck $403 Floral Park/Bellerose Flushing $474 Fresh Meadows/ Oakland Gardens $436 Howard Beach/Broadchannel $216 Jackson Heights/Elmhurst $361 Jamaica Estates/Holliswood Laurelton/Cambria Heights/ St. Albans/Rosedale Long Island City $643 Middle Village/Maspeth $437 Queens Village/Hollis Rego Park/Forest Hills/ Kew Gardens $492 Richmond Hill/ South Ozone Park/Woodhaven $332 Ridgewood/Glendale $409 Rockaways/Averne $371 Springfield Gardens/Jamaica/ South Jamaica/Baisley Park $464 Sunnyside/Woodside $497

$443 $640 $512 $290

$423 $556 $548

7% -9% 2% 54%

12% 4% -5%

$364

$354

8%

11%

$361 $333 $329 $488

$395 $277 $333 $422

10% 7% 9% -17%

1% 28% 8% -4%

$481

$442

-2%

7%

$405 $213 $398

$395 $217 $354 $287

8% 1% -9%

10% 0% 2%

$606 $425

$617 $381

6% 3%

4% 15%

$438

$422

12%

17%

$288 $345 $373 $342 $452

16% 18% -1%

$453

36% 10%

10%

New York City Residential Sales Report

3rd Qtr. 10

43

Cooperative Sale Price Average 3q10

2q10

3q09

Queens $221 Astoria $219 Bayside $250 Beechhurst/Whitestone $238 Breezy Point/Belle Harbor/ Rockaway Park $143 Briarwood/Jamaica Hills/ Hillcrest $171 College Point Corona/East Elmhurst $153 Douglaston/Little Neck $194 Floral Park/Bellerose $289 Flushing $196 Fresh Meadows/ Oakland Gardens $201 Howard Beach/Broadchannel $149 Jackson Heights/Elmhurst $215 Jamaica Estates/Holliswood $166 Laurelton/Cambria Heights/ St. Albans/Rosedale Long Island City $460 Middle Village/Maspeth $189 Queens Village/Hollis $166 Rego Park/Forest Hills/ Kew Gardens $246 Richmond Hill/ South Ozone Park/Woodhaven Ridgewood/Glendale $185 Rockaways/Averne $330 Springfield Gardens/Jamaica/ South Jamaica/Baisley Park $119 Sunnyside/Woodside $209

$219 $239 $263 $244

$222 $315 $297 $243

1% -8% -5% -2%

-1% -30% -16% -2%

$157

$176

-9%

-19%

$175

$174

-3%

-2%

$194 $196 $287 $201

$159 $201 $267 $209

-21% -1% 1% -2%

-4% -3% 8% -6%

$194 $150 $211 $168

$192 $148 $212 $142

4% -1% 2% -1%

5% 1% 1% 17%

$148 $640 $213 $153

$353 $192 $150

-28% -11% 8%

30% -2% 11%

$235

$230

4%

7%

$187

$110 $166

-1%

11%

$136 $225

$183 $242

-12% -7%

-35% -13%

Note: sale price in thousands

Percent Change 2q10 3q09

New York City Residential Sales Report

3rd Qtr. 10

44

Cooperative Sale Price Median 3q10

2q10

3q09

Queens $198 Astoria $169 Bayside $229 Beechhurst/Whitestone $217 Breezy Point/Belle Harbor/ Rockaway Park $143 Briarwood/Jamaica Hills/ Hillcrest $163 College Point Corona/East Elmhurst $155 Douglaston/Little Neck $183 Floral Park/Bellerose $231 Flushing $184 Fresh Meadows/ Oakland Gardens $209 Howard Beach/Broadchannel $147 Jackson Heights/Elmhurst $186 Jamaica Estates/Holliswood $152 Laurelton/Cambria Heights/ St. Albans/Rosedale Long Island City $530 Middle Village/Maspeth $208 Queens Village/Hollis $154 Rego Park/Forest Hills/ Kew Gardens $220 Richmond Hill/ South Ozone Park/Woodhaven Ridgewood/Glendale $179 Rockaways/Averne $330 Springfield Gardens/Jamaica/ South Jamaica/Baisley Park $120 Sunnyside/Woodside $198

$200 $241 $229 $208

$203 $310 $265 $240

-1% -30% 0% 5%

-2% -45% -14% -9%

$150

$150

-5%

-5%

$165

$164

-1%

-1%

$149 $203 $235 $194

$150 $203 $205 $206

4% -10% -2% -5%

3% -10% 13% -11%

$197 $149 $188 $145

$180 $141 $187 $138

6% -1% -1% 4%

16% 4% 0% 10%

$148 $640 $210 $154

$345 $180 $148

-17% -1% 0%

54% 15% 4%

$222

$212

-1%

4%

$169

$110 $166

6%

7%

$130 $219

$199 $223

-8% -9%

-40% -11%

Note: sale price in thousands

Percent Change 2q10 3q09

New York City Residential Sales Report

3rd Qtr. 10

45

Cooperative Sale Price Per Square Foot Average 3q10

2q10

3q09

Percent Change 2q10 3q09

Queens $304 Astoria $281 Bayside $316 Beechhurst/Whitestone $855 Breezy Point/Belle Harbor/ Rockaway Park $194 Briarwood/Jamaica Hills/ Hillcrest $291 College Point Corona/East Elmhurst $254 Douglaston/Little Neck $257 Floral Park/Bellerose $320 Flushing $284 Fresh Meadows/ Oakland Gardens $348 Howard Beach/Broadchannel $199 Jackson Heights/Elmhurst $314 Jamaica Estates/Holliswood $201 Laurelton/Cambria Heights/ St. Albans/Rosedale Long Island City Middle Village/Maspeth $240 Queens Village/Hollis Rego Park/Forest Hills/ Kew Gardens $324 Richmond Hill/ South Ozone Park/Woodhaven Ridgewood/Glendale $246 Rockaways/Averne $300 Springfield Gardens/Jamaica/ South Jamaica/Baisley Park Sunnyside/Woodside $332

$301 $399 $310

$302 $414 $343 $916

1% -29% 2%

1% -32% -8% -7%

$266

$345

-27%

-44%

$300

$317

-3%

-8%

$311 $246 $310 $285

$324 $264 $319 $274

-18% 4% 3% 0%

-21% -2% 0% 4%

$292 $185 $309 $215

$315 $187 $295 $200

19% 8% 2% -7%

10% 7% 6% 0%

$252 $189

$253

-5%

-5%

$326

$308

-1%

5%

$263

$214

-7%

15%

$206 $326

$247 $336

2%

-1%

New York City Residential Sales Report

3rd Qtr. 10

46

Cooperative Sale Price Per Square Foot Median 3q10

2q10

3q09

Percent Change 2q10 3q09

Queens $289 Astoria $198 Bayside $296 Beechhurst/Whitestone $790 Breezy Point/Belle Harbor/ Rockaway Park $194 Briarwood/Jamaica Hills/ Hillcrest $221 College Point Corona/East Elmhurst $218 Douglaston/Little Neck $235 Floral Park/Bellerose $310 Flushing $275 Fresh Meadows/ Oakland Gardens $387 Howard Beach/Broadchannel $176 Jackson Heights/Elmhurst $306 Jamaica Estates/Holliswood $241 Laurelton/Cambria Heights/ St. Albans/Rosedale Long Island City Middle Village/Maspeth $251 Queens Village/Hollis Rego Park/Forest Hills/ Kew Gardens $312 Richmond Hill/ South Ozone Park/Woodhaven Ridgewood/Glendale $229 Rockaways/Averne $300 Springfield Gardens/Jamaica/ South Jamaica/Baisley Park Sunnyside/Woodside $324

$287 $364 $288

$287 $411 $335 $888

1% -46% 2%

1% -52% -12% -11%

$269

$300

-28%

-35%

$221

$258

0%

-14%

$311 $237 $306 $274

$280 $250 $295 $271

-30% -1% 1% 0%

-22% -6% 5% 2%

$287 $180 $287 $210

$320 $176 $286 $210

35% -2% 7% 15%

21% 0% 7% 15%

$257 $189

$241

-2%

4%

$308

$296

1%

5%

$254

$214

-10%

7%

$206 $318

$246 $331

2%

-2%

New York City Residential Sales Report

3rd Qtr. 10

47

One - Three Family Dwelling Sale Price Average 3q10

2q10

3q09

Queens $470 Astoria $626 Bayside $682 Beexhhurst/Whitestone $726 Breezy Point/Belle Harbor/ Rockaway Park $648 Briarwood/Jamaica Hills/ Hillcrest $520 College Point $509 Corona/East Elmhurst $510 Douglaston/Little Neck $898 Floral Park/Bellerose $481 Flushing $629 Fresh Meadows/ Oakland Gardens $619 Howard Beach/Broadchannel $544 Jackson Heights/Elmhurst $561 Jamaica Estates/Holliswood $753 Laurelton/Cambria Heights/ St. Albans/Rosedale $342 Long Island City $742 Middle Village/Maspeth $523 Queens Village/Hollis $355 Rego Park/Forest Hills/ Kew Gardens $763 Richmond Hill/ South Ozone Park/Woodhaven $363 Ridgewood/Glendale $449 Rockaways/Averne $358 Springfield Gardens/Jamaica/ South Jamaica/Baisley Park $312 Sunnyside/Woodside $588

$462 $721 $659 $655

$490 $613 $682 $654

2% -13% 3% 11%

-4% 2% 0% 11%

$651

$803

0%

-19%

$514 $562 $506 $753 $495 $613

$536 $617 $515 $734 $487 $637

1% -9% 1% 19% -3% 3%

-3% -17% -1% 22% -1% -1%

$689 $505 $558 $658

$714 $491 $557 $693

-10% 8% 0% 14%

-13% 11% 1% 9%

$349 $786 $516 $340

$367 $624 $547 $366

-2% -6% 1% 4%

-7% 19% -4% -3%

$698

$778

9%

-2%

$361 $478 $342

$379 $473 $433

1% -6% 5%

-4% -5% -17%

$314 $502

$342 $589

-1% 17%

-9% 0%

Note: sale price in thousands

Percent Change 2q10 3q09

New York City Residential Sales Report

3rd Qtr. 10

48

One - Three Family Dwelling Sale Price Median 3q10

2q10

3q09

Queens $435 Astoria $630 Bayside $670 Beexhhurst/Whitestone $630 Breezy Point/Belle Harbor/ Rockaway Park $550 Briarwood/Jamaica Hills/ Hillcrest $499 College Point $492 Corona/East Elmhurst $473 Douglaston/Little Neck $863 Floral Park/Bellerose $480 Flushing $640 Fresh Meadows/ Oakland Gardens $633 Howard Beach/Broadchannel $555 Jackson Heights/Elmhurst $528 Jamaica Estates/Holliswood $720 Laurelton/Cambria Heights/ St. Albans/Rosedale $339 Long Island City $710 Middle Village/Maspeth $505 Queens Village/Hollis $350 Rego Park/Forest Hills/ Kew Gardens $647 Richmond Hill/ South Ozone Park/Woodhaven $365 Ridgewood/Glendale $450 Rockaways/Averne $323 Springfield Gardens/Jamaica/ South Jamaica/Baisley Park $303 Sunnyside/Woodside $560

$425 $688 $661 $635

$470 $603 $665 $598

2% -8% 1% -1%

-7% 5% 1% 5%

$635

$743

-13%

-26%

$510 $500 $483 $670 $471 $625

$495 $575 $470 $645 $478 $593

-2% -2% -2% 29% 2% 2%

1% -14% 1% 34% 0% 8%

$700 $502 $509 $655

$650 $512 $525 $700

-10% 11% 4% 10%

-3% 8% 0% 3%

$350 $650 $511 $348

$369 $656 $516 $363

-3% 9% -1% 1%

-8% 8% -2% -4%

$605

$640

7%

1%

$345 $480 $290

$361 $477 $418

6% -6% 11%

1% -6% -23%

$312 $500

$323 $550

-3% 12%

-6% 2%

Note: sale price in thousands

Percent Change 2q10 3q09