Top 50 Most Expensive NYC Neighborhoods Q2 2023: Hudson Yards Remains in the Lead While SoHo Overtakes TriBeCa After 9 Quarters
Sales rose in 11 of the city’s 50 most expensive neighborhoods in Q2, including in TriBeCa, Boerum Hill and Red Hook.
Sales rose in 11 of the city’s 50 most expensive neighborhoods in Q2, including in TriBeCa, Boerum Hill and Red Hook.
The NYC real estate market continued to cool in the first three months of the year with both sales and medians trending decidedly down.
Medians continued to rise in L.A. County’s 50 most expensive neighborhoods, with 42 logging increases, while sales overwhelmingly declined.
Hudson Yards & TriBeCa remain priciest NYC neighborhoods for 4th consecutive year, while sales fell in 34 of the city’s top neighborhoods.
As sales ticked down 4% Y-o-Y across NYC, 27 of the city’s 50 priciest neighborhoods also logged slowdowns in transactional activity in Q3.
38 neighborhoods closed Q2 with medians over $1 million, with SoHo and TriBeCa north of $3 million & Hudson Yards in the lead at over $5 million.
35 neighborhoods surpass $1 million median as NYC logs record sales activity and new pricing peaks as pent-up demand drives buying frenzy.
Sales activity skyrocketed in Q3 2021, while prices, too, were more spread out, but they continued to rise among NYC’s 50 priciest neighborhoods.
With a median home sale price of $1.25 million, the Downtown-Financial District became Boston’s most expensive neighborhood in the first half of 2021.
As sales activity returned in force in Q2 2021, prices, too, were mostly on the rise among NYC’s 50 priciest neighborhoods.
In 2020, Hudson Yards was NYC’s most expensive neighborhood with a $4.5 million median. TriBeCa was next with $3.2 million median sale price – a 3% decrease Y-o-Y.
Hudson Yards is among 44 NYC neighborhoods that closed fewer than 5 sales as sales activity fell 42% across the four boroughs during a tumultous Q2.
Key Takeaways: June sales activity surged 185% month-over-month, inking 262 deals above $5 million. H2…
Hudson Yards’ nearly $4 million price put Tribeca squarely in second place. pushing SoHo to third.
Key takeaways: Hudson Yards take top spot by large margin TriBeCa falls from top spot…
Key takeaways: Hudson Yards enters the list as the 2nd most expensive NYC neighborhood in…
Key takeaways: TriBeCa, SoHo remain #1 and #2 most expensive NYC neighborhoods in Q1 2019…
Los Angeles and Malibu may dominate by sheer volume of expensive locations, but Beverly Hills claims 3 of the 5 priciest L.A. area neighborhoods.
Key takeaways: At #1, Presidio Heights prices grew 24.5% Y-o-Y to $4.5 million Sea Cliff…
Key takeaways: TriBeCa remains the priciest neighborhood, with a median sale price of $3.85M With…