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No. 20 New York
Change in Condo Price (2007:Q2-2008:Q2): -4.00%
Median Condo Price: $574,000
New York has seen its condo sales drop 51% this year, according to Zillow.com. But some are still paying the big bucks to live in the big city. Propertyshark.com notes that the average sale price of a condo in Manhattan in 2008’s third quarter was $1,737,642.
