Apartments With Privacy, Home Offices And Outdoor Space Command Higher Prices In New York City

After largely spending the last several months at home, New Yorkers who are still in the real estate market have certainly had time to narrow down their priorities. And they are prioritizing privacy and home offices as much as outdoor space, a new report shows. 

The report from real estate market data firm UrbanDigs, commissioned by Forbes, shows that homes in New York that were described in listings using words and phrases such as “privacy,” or that had home office or outdoor space, saw much less price flexibility, and also saw much higher median sale prices.

For example, the median sale price of units with listings that include the word “privacy” nearly doubled, from $1.58 million in April 2019

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