NYC’s strong +10% Y-o-Y start was also reflected among the city’s 50 most expensive neighborhoods, most of which saw both prices and sales rise.
See which NYC homes had the largest property tax bills this tax season and discover who owns the city’s most exclusive mansions and condos.
Prices rose across most of NYC’ 50 most expensive neighborhoods in 2024, topped by Hudson Yards for the sixth consecutive year.
Last leading NYC’s most expensive neighborhoods in 2016, SoHo claimed the top spot with a $4.25M median sale price, while Hudson Yards had only 4 sales.
Reversing last year’s depreciating trends, nearly 7 in 10 of the most exclusive zips logged price increases in 2024.
Increasingly over the past 10 years, out-of-state buyers are investing in NYC real estate, as are residents from counties surrounding NYC.
City-level trends may have been muted, but significant shifts occurred among its exclusive neighborhood.
Citywide prices grew much faster in 31 of the 40 most populated cities in the U.S. over the past decade, with 17 downtowns now cheaper than the city.
Manhattan remained home to some of the priciest neighborhoods in New York City, with Hudson Yards, SoHo and TriBeCa on the top.
Manhattanites enjoy access to 160+ public parks — but what’s the cost of buying a unit next to the borough’s largest green spaces?
The median sale price slipped to $728,000 in 2023, a 3% fall compared to 2022, marking the first year-over-year decline in over a decade.
New England’s 50 highest-priced zip codes in 2023 ranged between $1.08 million and $2.8 million, with Massachusetts claiming more than 70%.
Out of the 25 ranked zip codes, 16 recorded a median sale price above $1 million, with overall medians between $865,000 and $1.65 million.
While more than half of the zip codes record drops in median sale prices, Atherton and Sagaponack reach $8 million for the first time.
DUMBO came in as the third-priciest neighborhood in NYC with its median sale price climbing 60% year-over-year.
Sales rose in 11 of the city’s 50 most expensive neighborhoods in Q2, including in TriBeCa, Boerum Hill and Red Hook.
Amid seven- and eight-figure homes and sprawling estates, there are still budget-friendly hidden gems for buyers looking at the iconic region.
How many average homes could you buy in the country’s 335 largest cities for the $240M sale price of NYC’s most expensive home?
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.