NYC Real Estate Market Trends

Market Overview for Quarter 1, 2021


Median Sale Price

$705K

8% YoY


Median Price/Sqft

$763

2% YoY


No. of Transactions

7,847

4% YoY

Manhattan Median Sale Price

$1M

-1% YoY

As of Quarter 1, the median home sale price in New York City was $705K, up 8% year-over-year. A total of 7847 properties traded, representing a 4% year-over-year increase. The median price per square foot in Quarter 1 was $763, a 2% YoY change. The median home sale price in Manhattan was $1M.

NYC Map

New York City Median Sale Price

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Median Sale Price Per Square Feet

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Real Estate Transactions in New York City

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Top Boroughs in New York City

Most Expensive Neighborhoods in New York City

Neighborhood Borough Median Sale Price
Hudson Yards Manhattan $5,504,250
TriBeCa Manhattan $3,550,000
SoHo Manhattan $3,250,000
Hudson Square Manhattan $2,906,012
Civic Center Manhattan $2,760,000
NoLIta Manhattan $2,647,450
Central Park South Manhattan $2,147,500
NoHo Manhattan $1,935,000
Little Italy Manhattan $1,925,000
Garment District Manhattan $1,900,000
Flatiron District Manhattan $1,865,000
Chinatown Manhattan $1,733,179
NoMad Manhattan $1,623,500
Carnegie Hill Manhattan $1,500,000
Neponsit Queens $1,367,500
Manhattan Beach Brooklyn $1,360,000
DUMBO Brooklyn $1,342,500
Fiske Terrace Brooklyn $1,337,500
Boerum Hill Brooklyn $1,325,000
West Village Manhattan $1,312,500
Carroll Gardens Brooklyn $1,275,900
Columbia Street Waterfront District Brooklyn $1,247,500
Two Bridges Manhattan $1,225,900
Lighthouse Hill Staten Island $1,200,000
Gowanus Brooklyn $1,199,000
Cobble Hill Brooklyn $1,175,000
Greenwich Village Manhattan $1,165,000
Pelham Bay Park Bronx $1,162,000
Lenox Hill Manhattan $1,150,000
Greenpoint Brooklyn $1,147,000
Greenwood Heights Brooklyn $1,130,000
Gramercy Park Manhattan $1,119,375
Brooklyn Heights Brooklyn $1,102,500
Upper West Side Manhattan $1,100,000
Chelsea Manhattan $1,077,600
East Village Manhattan $1,049,500
Lincoln Square Manhattan $1,040,000
Park Slope Brooklyn $1,036,000
Theatre District - Times Square Manhattan $997,500
Red Hook Brooklyn $988,385
Financial District Manhattan $967,500
Williamsburg Brooklyn $953,354
Downtown Brooklyn Brooklyn $925,000
Malba Queens $905,000
Morris Heights Bronx $900,000
Belle Harbor Queens $895,000
Prospect Heights Brooklyn $895,000
East Flushing Queens $895,000
Fort Greene Brooklyn $890,500
Port Morris Bronx $875,000
Queensboro Hill Queens $863,000
Hunters Point Queens $860,000
Fresh Meadows Queens $854,000
Crown Heights Brooklyn $850,000
Bergen Beach Brooklyn $843,000
Todt Hill Staten Island $835,000
Bedford-Stuyvesant Brooklyn $835,000
Prospect - Lefferts Gardens Brooklyn $834,981
Dyker Heights Brooklyn $834,000
Prince's Bay Staten Island $831,343
Central Midtown Manhattan $830,000
Hollis Hills Queens $830,000
Auburndale Queens $825,000
Borough Park Brooklyn $824,782
Yorkville Manhattan $824,000
Turtle Bay Manhattan $820,000
Clinton Hill Brooklyn $815,000
Ditmars - Steinway Queens $812,500
Vinegar Hill Brooklyn $810,000
Midwood Brooklyn $810,000
Sutton Place Manhattan $803,750
Rockwood Park Queens $800,000
Manhattan Valley Manhattan $800,000
Madison Brooklyn $800,000
Flatbush Brooklyn $795,000
Woodrow Staten Island $795,000
Windsor Terrace Brooklyn $795,000
Richmond Valley Staten Island $794,500
Huguenot Staten Island $793,750
Bayside Queens $792,500
East Harlem Manhattan $790,000
Ridgewood Queens $782,500
Clinton - Hell's Kitchen Manhattan $779,500
The Tides at Charleston Staten Island $775,000
East Elmhurst Queens $765,000
Battery Park City Manhattan $762,900
South Astoria Queens $755,000
Murray Hill Manhattan $750,000
Middle Village Queens $747,000
Bushwick Brooklyn $740,000
Tottenville Staten Island $733,500
Floral Park Queens $732,500
Lower East Side Manhattan $728,000
Prospect Park South Brooklyn $725,000
Old Howard Beach Queens $715,000
Pomonok Queens $712,000
Grant City Staten Island $712,000
Mill Basin Brooklyn $710,000
Bensonhurst Brooklyn $707,500
Douglaston Queens $705,000
Harlem Manhattan $705,000
Eltingville Staten Island $697,500
New Dorp Staten Island $695,250
Breezy Point Queens $692,500
College Point Queens $684,000
Roosevelt Island Manhattan $676,551
Bay Ridge Brooklyn $675,000
Morningside Heights Manhattan $670,000
Glendale Queens $667,000
Grasmere Staten Island $661,000
Bath Beach Brooklyn $660,500
Whitestone Queens $660,000
Marine Park Brooklyn $656,500
Pelham Gardens Bronx $652,000
Annadale Staten Island $649,500
Spencer Estates - Country Club Bronx $645,000
Koreatown Manhattan $645,000
Sea Gate Brooklyn $640,000
Oakwood Staten Island $637,000
Gravesend Brooklyn $631,337
Meiers Corners Staten Island $625,000
Maspeth Queens $623,678
Kingsbridge Bronx $620,000
Wingate Brooklyn $616,041
Old Mill Basin Brooklyn $613,750
Morris Park Bronx $611,000
Castleton Corners Staten Island $611,000
Westchester Village Bronx $610,000
Charleston Staten Island $607,500
Ozone Park Queens $607,500
Queens Village Queens $600,000
Flatlands Brooklyn $600,000
Clifton Staten Island $600,000
Hollis Queens $600,000
Bay Terrace Staten Island $600,000
Kips Bay Manhattan $597,000
Rosebank Staten Island $590,500
Washington Heights Manhattan $590,000
New Brighton Staten Island $590,000
Old Astoria Queens $585,982
Richmond Hill Queens $585,000
Woodhaven Queens $580,000
Ditmas Park Brooklyn $580,000
Rosedale Queens $579,500
Arden Heights Staten Island $578,500
Dongan Hills Staten Island $577,500
Brookville Queens $577,500
South Ozone Park Queens $574,000
South Beach Staten Island $572,000
St. George Staten Island $565,000
Cambria Heights Queens $565,000
New Springville Staten Island $562,000
Gerritsen Beach Brooklyn $561,000
Arrochar Staten Island $560,000
Manor Heights Staten Island $560,000
Midland Beach Staten Island $556,982
City Island Bronx $556,500
Georgetown Brooklyn $552,500
Kensington Brooklyn $550,000
Sunset Park Brooklyn $550,000
Westerleigh Staten Island $549,000
Springfield Gardens Queens $549,000
Seaside Queens $547,500
Great Kills Staten Island $547,000
Port Richmond Staten Island $544,950
Pleasant Plains Staten Island $544,000
Throggs Neck Bronx $542,500
Randall Manor Staten Island $539,000
East Flatbush Brooklyn $535,000
Mount Eden Bronx $535,000
Inwood Manhattan $535,000
Saint Albans Queens $530,000
Hamilton Beach Queens $530,000
East New York Brooklyn $527,500
West Brighton Staten Island $525,000
New Dorp Beach Staten Island $525,000
Willowbrook Staten Island $524,000
Baychester Bronx $520,000
Concord Staten Island $519,500
Wakefield Bronx $518,000
Unionport Bronx $515,000
Laconia Bronx $514,950
Elm Park Staten Island $510,668
Laurelton Queens $510,000
Jamaica Queens $508,000
Far Rockaway Queens $506,475
Van Nest Bronx $500,000
Bulls Head Staten Island $500,000
Chelsea - Travis Staten Island $499,999
Murray Hill Queens $497,500
Tudor City Manhattan $492,500
Rochdale Queens $492,000
Richmond Town Staten Island $490,000
Astoria Heights / Upper Ditmars Queens $490,000
Williamsbridge Bronx $482,500
University Heights Bronx $469,000
Rockaway Beach Queens $467,500
Edenwald Bronx $467,000
LIC Queens $460,000
Broad Channel Queens $460,000
Bay Terrace Queens $455,000
Brownsville Brooklyn $450,000
Elmhurst Queens $450,000
Grymes Hill - Silver Lake Staten Island $450,000
Stapleton Staten Island $445,000
Graniteville Staten Island $442,500
Coney Island Brooklyn $440,000
Sunnyside Staten Island $437,500
Sunnyside Gardens Queens $437,191
Rossville Staten Island $430,000
Clason Point Bronx $430,000
Forest Hills Queens $429,000
Mariner's Harbor Staten Island $425,000
Canarsie Brooklyn $425,000
Roxbury Queens $420,000
Downtown Flushing Queens $420,000
Pelham Bay Bronx $420,000
Sheepshead Bay Brooklyn $415,000
Port Ivory - Howland Hook Staten Island $415,000
Ocean Hill Brooklyn $414,445
Arverne Queens $410,500
Sunnyside Queens $405,000
Ramblersville Queens $380,000
Woodside Queens $371,000
Park Hill Staten Island $370,750
Bellerose Queens $370,000
Jackson Heights Queens $366,277
Belmont Bronx $365,040
Heartland Village Staten Island $356,000
Woodstock Bronx $351,500
Rego Park Queens $350,000
Brighton Beach Brooklyn $350,000
Rockaway Park Queens $349,000
Soundview Bronx $345,331
Morrisania Bronx $345,000
Mott Haven Bronx $337,500
Eastchester Bronx $335,000
Riverdale Bronx $335,000
Kew Gardens Queens $334,000
Glen Oaks Queens $330,500
Fieldston Bronx $322,500
Oakland Gardens Queens $322,000
Concourse Village Bronx $320,000
Briarwood Queens $320,000
East New York Queens $316,050
Allerton Bronx $312,000
North Riverdale Bronx $309,000
Lindenwood Queens $300,000
Olinville Bronx $297,500
Homecrest Brooklyn $293,809
Corona Queens $291,500
Kew Gardens Hills Queens $290,000
Little Neck Queens $285,000
Spuyten Duyvil Bronx $275,000
Jamaica Hills Queens $275,000
Jamaica Estates Queens $250,000
Kingsbridge Heights - Jerome Park Bronx $243,611
West Farms Bronx $240,000
Concourse Bronx $235,000
Bedford Park Bronx $217,500
Norwood Bronx $205,000
Longwood Bronx $200,000
Woodlawn Bronx $195,000
Parkchester Bronx $186,000
Park Versailles - Bronx River Bronx $180,000
Bronxdale Bronx $175,000
Fordham Bronx $155,000
Mount Hope Bronx $150,000
Foxhurst Bronx $150,000
High Bridge Bronx $70,000
Tremont Bronx $50,000

Residential Properties Sold in New York City

Property Type Median sale price Y-o-Y Median sale price/sqft Y-o-Y Transactions
Condos $960K 6% $1K 2% 2722
Coops $492K 5% $895 -4% 3235
Houses $705K 11% $511 9% 1873

The median house sale price in New York City in Quarter 1 was $705K, up 11% year-over-year. Condo and coop prices in New York City trended similarly, with a median condo price of $960K, up 6% year-over-year, and the median coop sale price up 5 % year-over-year to $492K.

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