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MARION MINER
Q1 2025 Market Report
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The Manhattan real estate market kicked off 2025 with strength and renewed optimism. As mortgage rates eased from over 7% to the mid-6% range, buyers re-entered the market, and prices responded with impressive growth. Median sales prices climbed 13.6% year-over-year, and the average price-per-square-foot rose 11.9%, signaling strong demand and confidence in the market.
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