The luxury housing segment in India has witnessed a significant surge in sales, jumping from 7% to 21% in the past five years. In contrast, affordable housing has experienced a sharp decline, dropping from 37% to 20% during the same period. This trend is evident in the number of housing units sold and launched across major cities in the country.
Clifton real estate market saw 14 home transfers between April 15 and April 21, with a median sale price of $535,000. Properties ranged in size from 910 to 2,786 square feet, with prices varying from $306 to $495 per square foot. Notable transactions included a 1,772-square-foot home on Lehigh Avenue selling for $535,000 and a 1,716-square-foot home on Mandeville Avenue selling for $605,000.
From April 15 to 21, there was one home transfer reported in the Bayonne area. The median sale price was $245,000 for a 680-square-foot home on Kennedy Boulevard. This is according to Real Estate Newswire, a service that uses machine learning to analyze data from Propmix, an aggregator of national real-estate data.
In the past week, 17 residential real estate sales were recorded in inner SE Portland, with an average price of $583,059. The most expensive sale was a single-family residence at 1525 S.E. 57th Ave., which sold for $1.4 million. The average price per square foot in the area was $509.
From April 15 to April 21, there were 8 home transfers reported in Lakewood, with a median sale price of $275,000. Notable transactions include a 1-bedroom, 1-bathroom home on Edgewater Drive sold for $72,000 and a 1-bedroom, 1-bathroom home on Lake Ave. sold for $130,000.
A total of 51 real estate transactions were reported in Lehigh County from April 15 to April 21, with a median sale price of $260,000 for an 862-square-foot home on Westwood Drive in Bethlehem.
The Lebanon real estate market saw a flurry of activity from April 15-21, with 17 transactions reported. Properties ranged in size, price, and location, with a notable median sale price of $180,000 for a 1,428-square-foot home on East Walnut Street.
In the past week, Euclid saw 20 residential real estate sales with an average price of $131,030 ($97 per square foot). The most expensive sale was a home that went for $215,000.
A luxury condominium located at 1 Dalton Street in Boston was recently sold for $4,300,000. The property features 1,403 square feet of living space, two bedrooms, and three bathrooms. Built in 2015, the condominium boasts modern amenities such as forced air heating and cooling, and a one-car garage. The sale price equates to $3,065 per square foot.
