The price of a Manhattan condo, as well as apartments in the boroughs, may be going up.
That’s according to data from Zillow, a real estate site that provides data about the market.
Zillows estimates that Manhattan apartments, including condos, will average $1,400, while condos will go up $200 to $3,500.
It’s unclear how much the condo market will improve, however.
The median condo price in Manhattan in July was $1.28 million, according to Zillower.
But that’s down slightly from a year ago when the median price was $2.27 million.
The condo market in Queens is also expected to improve in July, as it has in the past, according Zillowing.
“We anticipate prices in the region will increase by between $150 to $180 over the next two to three years,” the company said in a statement.
“That would be a substantial increase over the past year.”
That would mean a $1 million, five-bedroom condo in Manhattan could go for $1 and up, while a $2 million, six-bedroom would go for about $2,000.
That kind of difference can make or break a property.
Zillingow predicts the condo and apartment market will see a rebound this year, but it’s too early to tell.
“While we anticipate that prices will continue to increase over time, the recovery in the housing market may slow and be impacted by inflation,” the data firm said.