{"id":42333,"date":"2023-05-30T18:30:37","date_gmt":"2023-05-30T15:30:37","guid":{"rendered":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/?p=42333"},"modified":"2023-07-12T14:06:36","modified_gmt":"2023-07-12T11:06:36","slug":"nyc-neighborhood-sales-drop","status":"publish","type":"post","link":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2023\/05\/30\/nyc-neighborhood-sales-drop\/","title":{"rendered":"Which NYC Neighborhoods Saw Sales Fall the Most in the Past Year? Staten Island Claims Top Spot with Dongan Hills\u2019 86% Drop as Sales Contract in 193 Neighborhoods"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Key Takeaways:<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Staten Island\u2019s Dongan Hills claimed the largest drop in sales, losing 86% of its transactional activity compared to Q1 2022.<\/strong><\/li>\n\n\n\n<li><strong>Staten Island was also home to five of the 10 neighborhoods where sales dropped at the sharpest rates, while Queens claimed four of the 10 highest increases.<\/strong><\/li>\n\n\n\n<li><strong>Manhattan sales increased in only two neighborhoods (East Harlem and the Civic Center area) and dropped in 37 others.<\/strong><\/li>\n\n\n\n<li><strong>Residential sales slowed the least in the Bronx, declining only 25% Y-o-Y.<\/strong><\/li>\n\n\n\n<li><strong>Brooklyn was home to the highest increase in sales with residential deals in the Prospect-Lefferts Gardens area doubling for a 100% upsurge.<\/strong><\/li>\n\n\n\n<li><strong>Citywide condo sales slowed 46% Y-o-Y, while single family deals were down 38% and co-op purchases dropped 35%.<\/strong><\/li>\n\n\n\n<li><strong>193 NYC neighborhoods posted negative sales growth rates, with positive gains recorded in only 22 areas.<\/strong><\/li>\n<\/ul>\n\n\n\n<div style=\"height:6px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<p>Covering <a href=\"https:\/\/www.propertyshark.com\/mason\/market-trends\/residential\/nyc-all\" target=\"_blank\" rel=\"noreferrer noopener\">New York City price trends<\/a> for years, PropertyShark has seen sales trend up and down throughout multiple cycles. Accordingly, with our latest report on the city\u2019s priciest neighborhoods finding that <a href=\"http:\/\/propertyshark.com\/Real-Estate-Reports\/2023\/04\/25\/priciest-nyc-neighborhoods-q1-2023\/\" target=\"_blank\" rel=\"noreferrer noopener\">sales dropped significantly in 46 of the 50 most expensive neighborhoods<\/a>, we were curious to see how the city\u2019s other 200 neighborhoods had fared during the last year.<\/p>\n\n\n\n<p>To discover the true extent of the NYC real estate market\u2019s slowdown during the last year, we analyzed sales data for all <a href=\"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/priciest-nyc-neighborhoods\/\" target=\"_blank\" rel=\"noreferrer noopener\">NYC neighborhoods<\/a> that closed at least five sales per quarter since January 2022. <\/p>\n\n\n\n<p>Of the 225 neighborhoods that met those conditions, a whopping <strong>193 neighborhoods logged clear drops in sales, and only 22 experienced increases<\/strong> in transactional activity.<\/p>\n\n\n\n<iframe title=\"Residential Sales Drop in 193 Neighborhoods as NYC Market Continues to Cool\" aria-label=\"Map\" id=\"datawrapper-chart-2Ykzx\" src=\"https:\/\/datawrapper.dwcdn.net\/2Ykzx\/1\/\" scrolling=\"no\" frameborder=\"0\" style=\"width: 0; min-width: 100% !important; border: none;\" height=\"777\" data-external=\"1\"><\/iframe><script type=\"text\/javascript\">!function(){\"use strict\";window.addEventListener(\"message\",(function(a){if(void 0!==a.data[\"datawrapper-height\"]){var e=document.querySelectorAll(\"iframe\");for(var t in a.data[\"datawrapper-height\"])for(var r=0;r<e.length;r++)if(e[r].contentWindow===a.source){var i=a.data[\"datawrapper-height\"][t]+\"px\";e[r].style.height=i}}}))}();\n<\/script>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Staten_Island_Queens_Brooklyn_Home_to_Sharpest_Drops_in_Neighborhood_Sales\"><\/span><strong>Staten Island, Queens &amp; Brooklyn Home to Sharpest Drops in Neighborhood Sales<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Following the buying frenzy of the pandemic, a market cooldown was to be expected. However, with the ongoing economic uncertainty and the dynamic evolution of federal interest rates, many NYC buyers and sellers have stepped to the sidelines, further slowing the market. In fact, the latest data shows that 40% fewer sales were closed during Q1 2023 than in Q1 2022.<\/p>\n\n\n\n<p>So, which NYC neighborhoods logged the sharpest drops in sales in the past year?<\/p>\n\n\n\n<p><strong>#1 Dongan Hills, Staten Island<\/strong><\/p>\n\n\n\n<p><strong>The #1 sharpest drop was logged in Staten Island\u2019s Dongan Hills neighborhood, where sales fell 85.7% <\/strong>year-over-year (Y-o-Y), going from 35 deals in Q1 2022 to just five in Q1 2023. In fact, Staten Island claimed five of the 10 sharpest drops in neighborhood-level sales in the entirety of NYC: Dongan Hills was joined by the neighborhoods of Grymes Hill-Silver Lake, St. George, Tottenville and Grasmere.<\/p>\n\n\n\n<p><strong>#2 Homecrest, Brooklyn<\/strong><\/p>\n\n\n\n<p>Homecrest claimed the second-sharpest drop in sales in the city at -82.1% Y-o-Y, going from 95 deals in Q1 2022 to just 17 at the start of this year. Not only that, but the neighborhood\u2019s median sale price also contracted $60,000 Y-o-Y, closing Q1 2023 at $405,000.<\/p>\n\n\n\n<p><strong>#3 Ditmars-Steinway, Queens<\/strong><\/p>\n\n\n\n<p>The second-most expensive neighborhood in Queens and one of the city\u2019s 50 priciest, Ditmars-Steinway logged the third-sharpest decrease in sales at -75.6% Y-o-Y. However, Ditmars was not the only Queens neighborhood to rank among those where sales slowed down at an especially fast pace. It was also joined by Auburndale and Fresh Meadows, two other neighborhoods that ranked among the city\u2019s most expensive.<\/p>\n\n\n\n<div style=\"height:6px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<iframe title=\"Staten Island Claims 5 of 10 Sharpest Drops in Neighborhood Sales\" aria-label=\"Grouped Bars\" id=\"datawrapper-chart-599X5\" src=https:\/\/datawrapper.dwcdn.net\/599X5\/9\/ scrolling=\"no\" frameborder=\"0\" style=\"width: 0; min-width: 100% !important; border: none;\" height=\"798\" data-external=\"1\"><\/iframe><script type=\"text\/javascript\">!function(){\"use strict\";window.addEventListener(\"message\",(function(a){if(void 0!==a.data[\"datawrapper-height\"]){var e=document.querySelectorAll(\"iframe\");for(var t in a.data[\"datawrapper-height\"])for(var r=0;r<e.length;r++)if(e[r].contentWindow===a.source){var i=a.data[\"datawrapper-height\"][t]+\"px\";e[r].style.height=i}}}))}();\n<\/script>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<p><strong>#4 Cobble Hill, Brooklyn<\/strong><\/p>\n\n\n\n<p>Cobble Hill was another Brooklyn neighborhood among those where transactional activity fell by the highest margins. Specifically, Cobble Hill sales contracted 71.9% Y-o-Y, going from 32 deals in the first three months of 2022 to just nine in the corresponding period this year. At the same time, the neighborhood\u2019s median sale price was also in freefall, slashed by a staggering $1.71 million to land at just $900,000.<\/p>\n\n\n\n<p><strong>#5 Auburndale, Queens<\/strong><\/p>\n\n\n\n<p>The 48<sup>th<\/sup>-most expensive neighborhood in NYC, Auburndale underwent a 70.7% contraction in sales, closing only 12 deals in the first quarter of 2023. For comparison, it logged 41 deals in Q1 2022.<\/p>\n\n\n\n<p><strong>#6 Grymes Hill-Silver Lake, Staten Island<\/strong><\/p>\n\n\n\n<p>One of five Staten Island neighborhoods to post one the city\u2019s 10 steepest drops in sales, Grymes Hill-Silver Lake underwent a 70.6% contraction in sales. In the case of this Staten Island neighborhood, though, that meant a decrease from 17 sales to just five. That said, this also marked the neighborhood\u2019s third consecutive quarter of single-digit sales.<\/p>\n\n\n\n<p><strong>#7 St. George, Staten Island<\/strong><\/p>\n\n\n\n<p>Sales in St. George contracted 70% Y-o-Y to close only six deals in Q1 2023 \u2014 just barely enough to calculate accurate neighborhood metrics. Additionally, its median sale price was lower than the borough\u2019s: Namely, St. George posted a $518,000 median sale price \u2014 $107,000 less than the borough\u2019s $625,000 median.<\/p>\n\n\n\n<p><strong>#8 Tottenville, Staten Island<\/strong><\/p>\n\n\n\n<p>Tottenville residential sales dropped 69.1% Y-o-Y, going from 55 deals in the first quarter of 2022 to just 17 in the first quarter of 2023. And, although transactional activity in the neighborhood fluctuated up and down throughout the last four quarters, Q1 2023 was the weakest yet by far.<\/p>\n\n\n\n<p><strong>#9 Grasmere, Staten Island<\/strong><\/p>\n\n\n\n<p>With a median sale price of $960,000, Grasmere was easily the most expensive Staten Island neighborhood among those to top citywide sale slowdowns. Here, sales dropped 68.8% Y-o-Y, the same as in Tottenville. However, in this case, that meant a drop from 16 sales in Q1 2022 to just five in Q1 2023.<\/p>\n\n\n\n<p><strong>#10 Fresh Meadows, Queens<\/strong><\/p>\n\n\n\n<p>One of Queens\u2019 most expensive neighborhoods at $890,000, Fresh Meadows saw its sales fall 67.3% Y-o-Y. Notably, residential sales have become scarcer each quarter in this neighborhood, dropping from 52 deals in Q1 2022 to 42 sales in Q2 2022. They were followed by 40 and 21 sales in Q3 and Q4, respectively, and just 17 in the first three months of 2023.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Staten_Island_Downturn_Sharpest_in_NYC_While_Condo_Sales_Fall_at_Least_40_in_Every_Borough_Except_the_Bronx\"><\/span><strong>Staten Island Downturn Sharpest in NYC, While Condo Sales Fall at Least 40% in Every Borough, Except the Bronx<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Not only did Staten Island supply five of the 10 largest drops in NYC neighborhood sales, but 40 of its 43 neighborhoods included in this report also registered double-digit year-over-year contractions in residential sales. In fact, in 18 <a href=\"https:\/\/www.propertyshark.com\/mason\/market-trends\/residential\/nyc\/staten-island\" target=\"_blank\" rel=\"noreferrer noopener\">Staten Island<\/a> neighborhoods, sales were least halved.<\/p>\n\n\n\n<p><strong>Staten Island also logged the sharpest drop in sales at the borough level<\/strong>, coming in 46% below Q1 2022 figures with only 765 closed deals in the first three months of 2023. From an asset type perspective, single family home sales were cut by 44%, condos declined 46% and deals involving two-family residences were down 49% Y-o-Y.<\/p>\n\n\n\n<div style=\"height:6px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<iframe title=\"Staten Island Leads Transactional Deceleration, While Bronx Cools at Slowest Pace\" aria-label=\"Grouped Bars\" id=\"datawrapper-chart-zOD4w\" src=https:\/\/datawrapper.dwcdn.net\/zOD4w\/7\/ scrolling=\"no\" frameborder=\"0\" style=\"width: 0; min-width: 100% !important; border: none;\" height=\"441\" data-external=\"1\"><\/iframe><script type=\"text\/javascript\">!function(){\"use strict\";window.addEventListener(\"message\",(function(a){if(void 0!==a.data[\"datawrapper-height\"]){var e=document.querySelectorAll(\"iframe\");for(var t in a.data[\"datawrapper-height\"])for(var r=0;r<e.length;r++)if(e[r].contentWindow===a.source){var i=a.data[\"datawrapper-height\"][t]+\"px\";e[r].style.height=i}}}))}();\n<\/script>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<p>In Queens, on the other hand, the hardest hit asset class was condos, with sales dropping 41% Y-o-Y in Q1 2023. Here, sales of single family homes decreased 34%, while <a href=\"https:\/\/www.propertyshark.com\/info\/all-about-co-op-units\/\" target=\"_blank\" rel=\"noreferrer noopener\">co-ops<\/a> proved to be the most resilient to cooling market dynamics as purchases slowed by just 26% Y-o-Y.<\/p>\n\n\n\n<p>At the neighborhood level, 65 <a href=\"https:\/\/www.propertyshark.com\/mason\/market-trends\/residential\/nyc\/staten-island\" target=\"_blank\" rel=\"noreferrer noopener\">Queen<\/a>s areas met the five-sale minimum threshold to be included in this report. Of those, 52 experienced sales activity cooldowns, including 11 where sales were at least 50% lower year-over-year. <\/p>\n\n\n\n<p>Conversely, <strong>of the 22 NYC neighborhoods where sales picked up, 10 were from Queens<\/strong>. Other Queens neighborhoods where sales increased included Hollis (72.7%), East Flushing (70.6%), Long Island City (60%) and the Astoria Heights-Upper Ditmars (57.1%) area. Notably, for the Astoria Heights-Upper Ditmars area, that increase equated to a change from seven deals to 11.<\/p>\n\n\n\n<p>Meanwhile, Brooklyn had only four neighborhoods with sales on the rise, but those included<strong> the #1 sharpest increase in sales among all NYC neighborhoods with the Prospect-Lefferts Gardens area<\/strong>. Here, sales doubled, going from 10 deals to 20 Y-o-Y. At the same time, in Brooklyn\u2019s Prospect Park South, sales rose 56.3% Y-o-Y, while Manhattan Beach went up 40%. That said, in the case of Manhattan Beach, that translated to an increase of just two sales \u2014 from five deals in Q1 2022 to seven in Q1 2023.<\/p>\n\n\n\n<p>Overall,<strong> 43 Brooklyn neighborhoods had double-digit sales decreases<\/strong>, including 10 neighborhoods with drops of at least 50%. Among those were both mainstays of the city\u2019s 50 most expensive neighborhoods \u2014 like Downtown Brooklyn (-62.6%) and DUMBO (-62.5%) \u2014 as well as less-pricey areas, like Bensonhurst (-51.6%) and Gerritsen Beach (-57.1%).<\/p>\n\n\n\n<p>In Manhattan, where deals involving condos were nearly halved, dropping 46% Y-o-Y. They were joined by a 46% decrease in single family home sales, while co-ops were slightly less affected as sales decreased 40%.<\/p>\n\n\n\n<div style=\"height:6px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<iframe title=\"Condo Sales Take Hardest Hit in NYC Market Cooldown\" aria-label=\"Grouped Bars\" id=\"datawrapper-chart-YNgR0\" src=\"https:\/\/datawrapper.dwcdn.net\/YNgR0\/7\/\" scrolling=\"no\" frameborder=\"0\" style=\"width: 0; min-width: 100% !important; border: none;\" height=\"456\" data-external=\"1\"><\/iframe><script type=\"text\/javascript\">!function(){\"use strict\";window.addEventListener(\"message\",(function(a){if(void 0!==a.data[\"datawrapper-height\"]){var e=document.querySelectorAll(\"iframe\");for(var t in a.data[\"datawrapper-height\"])for(var r=0;r<e.length;r++)if(e[r].contentWindow===a.source){var i=a.data[\"datawrapper-height\"][t]+\"px\";e[r].style.height=i}}}))}();\n<\/script>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<p>It\u2019s worth noting here that <strong>Manhattan had the smallest number of neighborhoods with sales on the rise <\/strong>in Q1 2023,with East Harlem sales up 10% Y-o-Y, and the Civic Center area up 66.7% Y-o-Y. Conversely, 37 other <a href=\"https:\/\/www.propertyshark.com\/mason\/market-trends\/residential\/nyc\/manhattan\" target=\"_blank\" rel=\"noreferrer noopener\">Manhattan<\/a> neighborhoods recorded definite sales drops, 13 of which were down at least 50%.<\/p>\n\n\n\n<p>Specifically, the borough\u2019s five neighborhoods with the sharpest sales decreases included Turtle Bay (-58.4%) and four regulars of the city\u2019s 50 most expensive neighborhoods: Roosevelt Island (-58.3%), Greenwich Village (-58.8%), Hudson Yards (-62.5%) and TriBeCa (-66.1%).<\/p>\n\n\n\n<p>Finally,<strong> in the Bronx, sales drops were less sharp than they were in the other four boroughs<\/strong>: Of the 28 neighborhoods included in this report, three logged sales gains \u2014 Unionport (+40%), Bedford Park (+30%) and Riverdale (+21.1%) \u2014 while transactional activity trended down in 21 others. Of these, only four saw sales fall by 50% or more: Williamsbridge (-50%), Woodstock (-50%), Spuyten Duyvil (-55.4%) and Fordham (-64.7%). The Bronx was also the borough where condo sales fared best, decreasing a mere 3%. At the same time, single family and co-op sales in <a href=\"https:\/\/www.propertyshark.com\/mason\/market-trends\/residential\/nyc\/bronx\" target=\"_blank\" rel=\"noreferrer noopener\">the Bronx<\/a> both dropped 29% Y-o-Y.<\/p>\n\n\n\n<p><em><strong>For more information, explore sales data for 225 New York City neighborhoods in the interactive table below:<\/strong><\/em><\/p>\n\n\n\n<iframe title=\"\" aria-label=\"Table\" id=\"datawrapper-chart-u6J6W\" src=\"https:\/\/datawrapper.dwcdn.net\/u6J6W\/2\/\" scrolling=\"no\" frameborder=\"0\" style=\"width: 0; min-width: 100% !important; border: none;\" height=\"1085\" data-external=\"1\"><\/iframe><script type=\"text\/javascript\">!function(){\"use strict\";window.addEventListener(\"message\",(function(a){if(void 0!==a.data[\"datawrapper-height\"]){var e=document.querySelectorAll(\"iframe\");for(var t in a.data[\"datawrapper-height\"])for(var r=0;r<e.length;r++)if(e[r].contentWindow===a.source){var i=a.data[\"datawrapper-height\"][t]+\"px\";e[r].style.height=i}}}))}();\n<\/script>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Methodology\"><\/span>Methodology<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>In order to identify the neighborhoods that underwent the sharpest decreases in sales, we aggregated all&nbsp; residential property sales recorded in ACRIS and with the Richmond County Clerk between January 1, 2022, and March 31, 2023, grouping sales data by quarters. Residential asset types included were single and two-family homes; condos; and co-ops. Package deals were excluded.<\/p>\n\n\n\n<p>Only neighborhoods that recorded at least five sales between January 1 and March 31, 2023, were included. Year-over-year changes in the number of sales were calculated only for neighborhoods that also recorded a minimum of five sales between January 1 and March 31, 2022.<\/p>\n\n\n\n<p>Median sale prices were calculated according to the same criteria as the number of sales. Median sale prices were rounded to the nearest $1,000.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>193 NYC neighborhoods logged clear drops in sales, and only 22 experienced increases in transactional activity as market slowdown continues.<\/p>\n","protected":false},"author":49,"featured_media":42334,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[389,349,89,328,373,390],"tags":[7],"class_list":["post-42333","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bronx-real-estate","category-brooklyn-real-estate","category-manhattan-real-estate","category-new-york-real-estate","category-queens-real-estate","category-staten-island-real-estate","tag-residential-sales"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Staten Island Leads NYC Neighborhoods Sales Drops | PropertyShark<\/title>\n<meta name=\"description\" content=\"193 NYC neighborhoods logged clear drops in sales, and only 22 experienced increases in transactional activity as market slowdown continues.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2023\/05\/30\/nyc-neighborhood-sales-drop\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Which NYC Neighborhoods Saw Sales Fall the Most in the Past Year? Staten Island Claims Top Spot with Dongan Hills\u2019 86% Drop as Sales Contract in 193 Neighborhoods\" \/>\n<meta property=\"og:description\" content=\"193 NYC neighborhoods logged clear drops in sales, and only 22 experienced increases in transactional activity as market slowdown continues.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2023\/05\/30\/nyc-neighborhood-sales-drop\/\" \/>\n<meta property=\"og:site_name\" content=\"PropertyShark Real Estate Blog\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-30T15:30:37+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-12T11:06:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-content\/uploads\/sites\/98\/2023\/05\/What-NYC-neighborhoods-saw-sales-drop-most-Staten-Island.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1280\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Eliza Theiss\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Eliza Theiss\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"8 minutes\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Staten Island Leads NYC Neighborhoods Sales Drops | PropertyShark","description":"193 NYC neighborhoods logged clear drops in sales, and only 22 experienced increases in transactional activity as market slowdown continues.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2023\/05\/30\/nyc-neighborhood-sales-drop\/","og_locale":"en_US","og_type":"article","og_title":"Which NYC Neighborhoods Saw Sales Fall the Most in the Past Year? 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