Pandemic Causes Sales to Plunge 85% in Hudson Yards, NYC’s Priciest Neighborhood & Prices to Dip 8% in Manhattan
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.
Q3 2020 NYC Neighborhood Report: Pandemic Slashes Sales up to 50% Across 4 Boroughs
In Q3 2020, sales were slashed by up to 50% in four boroughs. This quarter Hudson Yards was #1 priciest NYC neighborhood. and the Theater District-Times Square was #2 priciest due to a 223% surge in medians fueled by luxury condo sales & SoHo came in at #3.
The NYC Neighborhood Report: 44 Neighborhoods Closed Fewer Than 5 Sales Under Q2 Pandemic Pressure
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.
The New York City Ultra-Luxury Residential Report
Key Takeaways: June sales activity surged 185% month-over-month, inking 262 deals above $5 million. H2 2019 recorded lower transactional activity than the single month of June, as the new mansion tax took hold. TriBeCa was the #1 neighborhood for ultra-luxury sales, claiming 14% of all NYC deals. Central Park South was the most expensive neighborhood…
At Almost $4 Million,Hudson Yards Surpasses Tribeca As NYC’s Priciest Neighborhood
Hudson Yards’ nearly $4 million price put Tribeca squarely in second place. pushing SoHo to third.
At Almost $5 Million, Hudson Yards Overtakes TriBeCa as the Priciest Neighborhood in NYC
Key takeaways: Hudson Yards take top spot by large margin TriBeCa falls from top spot for the first time in seven quarters Lower East Side jumps to 8th position on high sale volume Manhattan’s median sale price falls to lowest level since 2016 The top 50 Hudson Yards also dethroned Tribeca as the priciest neighborhood, more…
Gramercy Park Median Home Prices Go Up 87% in Q2 2019, Brooklyn’s Cobble Hill Surges 171%
Key takeaways: Hudson Yards enters the list as the 2nd most expensive NYC neighborhood in Q2 2019 Little Italy prices increase 153%, landing the neighborhood in the 3rd spot Cobble Hill jumps 171% to secure the 7th position DUMBO continues its slide, down another 40% Y-o-Y The top 50 most expensive neighborhoods in New York City had…
Hudson Yards and Little Italy Take Top Spots as SoHo Falls
Key takeaways: Hudson Yards enters the list as the 2nd most expensive NYC neighborhood in Q2 2019 Little Italy prices increase 153%, landing the neighborhood in the 3rd spot Cobble Hill jumps 171% to secure the 7th position DUMBO continues its slide, down another 40% Y-o-Y The top 50 most expensive neighborhoods in New York City had…
Theatre District Median Home Prices Go Up 63% in Q1 2019, Queens’ Ditmars Surges 115%
Key takeaways: TriBeCa, SoHo remain #1 and #2 most expensive NYC neighborhoods in Q1 2019 Garment District prices increase 49%, landing the neighborhood in the 3d spot Theatre District median reaches $1.7 million with 54 transactions The East & West Village prices declined 35% and 56%, respectively Queens’ Ditmars – Steinway median prices go up…
Eight-Figure Medians and Record-Breaking Deals – These Are 2018’s Most Expensive Neighborhoods in the L.A. Area
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.
Which Are the Most Expensive Neighborhoods of San Francisco in 2018?
Key takeaways: At #1, Presidio Heights prices grew 24.5% Y-o-Y to $4.5 million Sea Cliff landed at #2 with a median home sale price of $3.88 million Lone Mountain saw the biggest surge in prices: 57.4% increase Y-o-Y With a $1.2 million median, the Financial District didn’t make the top 50 shortlist Clarendon Heights (-14%)…
Which are the Most Expensive NYC Neighborhoods of 2018?
Key takeaways: TriBeCa remains the priciest neighborhood, with a median sale price of $3.85M With 41 sales and a 41% increase Y-o-Y, the Garment District lands on the third place The Flatiron District (-32%) and Little Italy (-42%) both see major decreases Financial District prices plummet 34%, and median prices go below $1M Roosevelt Island…
TriBeCa Reigns as #1 Most Expensive NYC Neighborhood in Q3 2018, Despite 16% Y-o-Y Price Drop
Key takeaways: With a median exceeding $3.4M, TriBeCa reigns as the most expensive NYC neighborhood Garment District Skyrockets to #2 With 61% Y-o-Y Increase With a median of almost $3.1 million, SoHo lands the third spot in Q3 2018 Flatiron District prices see steepest drop year-over-year: 66% decrease With a median of $1.65 million, Brooklyn’s…
TriBeCa, SoHo Still Most Expensive Neighborhoods in New York City, but DUMBO Gains Ground With 37% Price Increase
Key Takeaways: TriBeCa entrenched as #1 most expensive neighborhood in NYC, despite 26% Y-o-Y price drop With a $2.95 million median sale price, SoHo remains firmly in second place Brooklyn’s Homecrest sees sharpest median sale price increase at 80% At #3, DUMBO is Brooklyn’s priciest neighborhood The Upper East Side is NYC’s most active neighborhood…
TriBeCa Remains NYC’s Most Expensive Neighborhood, Despite Prices Dropping 30%
Key Takeaways: Even with a 30% y-o-y decrease, TriBeCa pulls through as NYC’s priciest neighborhood A $3.2 million median sale price lands SoHo its usual second spot Brooklyn’s Fort Greene sees the sharpest median sale price increase: 131% y-o-y DUMBO remains the only Brooklyn neighborhood in the top 10 With a $2.3 million median sale…
Seattle’s Top 5 Fastest-Rising Neighborhoods in 2017
By all accounts, Seattle had a strong 2017, and according to The Seattle Times, the city’s population growth is now twice the national average. Moreover, the city enjoys a diverse economy, as well as a young, educated workforce, and abundant capital. Consequently, it doesn’t surprise us to see that the newspaper predicts that the city will…
TriBeCa and SoHo Remain Most Expensive Neighborhoods in New York City
Key Takeaways: TriBeCa reigns as the #1 most expensive neighborhood in NYC with $4.68M median sale price Boerum Hill pushes into top 10 with 54% price growth Brooklyn’s Fort Greene registers highest median price growth at 95% DUMBO remains Brooklyn’s priciest neighborhood at #6 in our top 50 The Upper East Side was the most…
Newark’s Top 5 Fastest-Rising Neighborhoods
At the end of Q3 2017, the real estate market in Newark seemed to be on an upward path. Our most recent study showed that at the end of September 2017, the median sale price in the city reached $151,000, an increase of $30,000 compared to the same period in 2012. To better understand how…
Boston’s Top 5 Fastest-Rising Neighborhoods in 2017
The Boston housing market has been on a fast track in the past year and, according to Forbes, it’ll continue to thrive as the city further develops into an international hub. In a quest to better understand how the market has evolved over the past few years, we started digging deeper to see to what extent…
TriBeCa Still #1 Most Expensive NYC Neighborhood
Following a period of stabilization, the second quarter of 2017 brought a period of renewed price growth to some areas of New York City, particularly to its most expensive neighborhoods. Median sale prices trended upwards in most of the city’s 50 most expensive neighborhoods. Only 11 areas saw prices slide in Q2, a significant change from Q1,…
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