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Manhattan Prices Rise, Loft Prices Skyrocket

We've long since passed the point where a fresh batch of Manhattan housing statistics can faze us. (Average price for studio apartment bathrooms now exceeds $10 billion? You don't say.) So today's news from the good people at Halstead is like Xanax for the soul. Key findings: apartments in Manhattan sold for an average of $1.145 million, 14% higher than a year ago, while median prices jumped 12% to $725,000. And loft prices set a new record in August, hitting $966 per square foot, 25% above a year ago. All the good news you can eat, after the jump.

From the Halstead report: