A total of 6,282 apartments were sold in the quarter, a 6% increase from the same period last year. Meanwhile, higher demand for Manhattan condos and price increases in Brooklyn and Queens boosted the citywide median apartment sale price by 6% to $581,000 and the average price by 13% to $1.1 million from the same period last year. A lack of units for sale also pushed prices higher. Overall, New Yorkers in the second quarter invested $7 billion in new apartments.
