More city residents move to the 'burbs than vice versa and luxury firms are helping fuel the pipeline.
The average sales price for Brooklyn homes hit $788,529 while Queens averaged $452,304, a report found.
The average Manhattan sales price is up more than 11 percent, according to a report released Wednesday.
Hint: very expensive .
The average Manhattan studio costs $2,691 a month, according to a recent real estate report.
January's median rent for northwest Queens was $4 more than parts of Brooklyn, a real estate firm found.
The home is in contract for "slightly less" than asking price, the agent said.
The frenzied feel of bidding wars have tempered recently, real estate experts said.
Why are brokers who've done deals in all five boroughs so rare? Hear from the EGOTs of NYC real estate.
Some brokers have seen a slowdown in foreign buyers and a shift in investment strategies.
A list price is only the start of negotiations. Learn how much more or less buyers spent on these pads.
Ten units at the former New York Dock building at 160 Imlay St. hit the market this week.
Real estate market reports show that pricey apartments are taking longer to sell than smaller units.
What can you get for about $799,000? Check out these Manhattan and Brooklyn two-bedrooms.
Unrealistic sellers, novice brokers and other reasons behind a rise in price cuts.
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