Manhattan Real Estate Market Trends

Market Overview for Quarter 4, 2020


Median Sale Price

$1M

5% YoY


Median Price/Sqft

$1,286

-2% YoY


No. of Transactions

2,283

-16% YoY

New York City Median Sale Price

$685K

5% YoY

In Quarter 4, the median home sale price in Manhattan was $1M, a 5% increase year-over-year. A total of 2283 properties changed hands, representing a 16% contraction compared to the same month last year. The median price per square foot as of Quarter 4 was $1,286, a -2% YoY change. In New York City, the median home sale price was $685K.

Manhattan Borough Map

Manhattan Median Sale Price

View: GraphTable

Median Sale Price Per Square Feet

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Real Estate Transactions in Manhattan

View: Graph Table

Top Boroughs in New York City

Manhattan median price compared with other neighborhoods in New York City

Manhattan property values are on the higher-end among all boroughs in NYC .




Most Expensive Neighborhoods in Manhattan

Neighborhood Borough Median Sale Price
TriBeCa Manhattan $3,364,100
SoHo Manhattan $2,700,000
NoHo Manhattan $2,700,000
Hudson Yards Manhattan $2,678,750
NoLIta Manhattan $2,225,000
Two Bridges Manhattan $2,157,681
Central Park South Manhattan $2,100,000
Civic Center Manhattan $1,900,968
Hudson Square Manhattan $1,900,000
Central Midtown Manhattan $1,620,000
Chelsea Manhattan $1,593,750
Garment District Manhattan $1,502,500
Lincoln Square Manhattan $1,445,000
West Village Manhattan $1,417,500
Carnegie Hill Manhattan $1,400,000
NoMad Manhattan $1,395,000
Chinatown Manhattan $1,266,031
Flatiron District Manhattan $1,230,000
Upper West Side Manhattan $1,144,000
Greenwich Village Manhattan $1,140,000
Lenox Hill Manhattan $1,100,000
Little Italy Manhattan $999,500
Battery Park City Manhattan $990,000
Gramercy Park Manhattan $957,500
Turtle Bay Manhattan $952,000
Clinton - Hell's Kitchen Manhattan $895,000
Roosevelt Island Manhattan $895,000
Yorkville Manhattan $848,500
Theatre District - Times Square Manhattan $800,000
Financial District Manhattan $797,000
East Village Manhattan $795,500
Harlem Manhattan $782,500
Manhattan Valley Manhattan $723,400
Sutton Place Manhattan $722,500
Lower East Side Manhattan $700,000
Morningside Heights Manhattan $685,000
East Harlem Manhattan $660,000
Murray Hill Manhattan $635,000
Kips Bay Manhattan $627,500
Washington Heights Manhattan $513,250
Inwood Manhattan $405,000
Tudor City Manhattan $305,000

Residential Properties Sold in Manhattan

Property Type Median sale price Y-o-Y Median sale price/sqft Y-o-Y Transactions
Condos $1.6M 4% $1K -5% 1092
Coops $750K -2% $994 0% 1160
Houses $8.2M 7% $1K -11% 29

The median house sale price in Manhattan in Quarter 4 was $8.2M, up 7% year-over-year. Condo prices in Manhattan trended similarly, with the median condo price up 4% year-over-year to $1.6M. Median coop sale price in Manhattan were $750K, a change of -2% year-over-year.

See also

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