Buyers. dive in while the water is still warm:)

The just released second quarter 2009 Manhattan Real Estate Market reveals a lot of attractive statistics for prospective homebuyers. The average sales price of a coop or condo in New York fell by more than 25% in the second quarter, compared to the same period last year. In addition, listing inventory increased by close to 10%, although this was much less anticipated given the sluggish economy and sales activity.

 All told, there has never been a better time to purchase the Manhattan home of your dreams at a reduced price! Don't let this historic buying opportunity pass you by!

For a complete market report please click: www.prudentialelliman.com/marketreports