Most Expensive NYC Neighborhoods in Q1 2012

Tribeca and Soho were again the priciest NYC neighborhoods in Q1 2012, with median sale prices of $2,315,000 and $1,950,000 respectively. However, if we look at median price per square foot, the two neighborhoods were surpassed by the West Village with $1,592/Sq Ft and Midtown with $1,424/Sq Ft.

Brooklyn had two neighborhoods in the top 10, Dumbo and Manhattan Beach. After being in third place in Q3 2011, Dumbo ranked seventh this time with a median sale price of $901,151, while Manhattan Beach ranked tenth with a median sale price of $877,500.