Manhattan townhouse price trend indicators set
records in 2015, as sales fell short of the prior
year total. Median sales price jumped 28% to
$5,250,000, a record and the first time it exceeded
the $5 million threshold. Average price per square
foot increased 10.7% over the same period to a
record of $1,733. Sales declined 7.2% to 298 from
the prior year, but was 15.5% above decade average
of 258. Townhouse sales are a fixed form of housing
stock with low acceptance of ground up new