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Friday, January 10, 2025

Kips Bay home prices fall in January 2018

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The median sale price of a home sold in January 2018 in Kips Bay fell by $150,000 while total sales decreased by 42.9%, according to BlockShopper.com.

In January 2018, there were four homes sold, with a median sale price of $685,000 - a 18% decrease over the $835,000 median sale price for the same period of the previous year. There were seven homes sold in Kips Bay in January 2017.

The following table compares Kips Bay to other New York County cities with similar median sales prices in January 2018:

CityJan. 2018 Home SalesJan. 2017 Home Sales% change (Total Home Sales)Jan. 2018 Median Sales PriceJan. 2017 Median Sales Price% change (Median Sales Price)
West Village35-40%$1,020,000$2,111,250-51.7%
Yorkville141127.3%$945,940.50$745,00027%
Upper West Side2022-9.1%$945,468.94$1,007,500-6.2%
Two Bridges110%$945,000$197,013.54379.7%
Midtown East/Turtle Bay1426-46.2%$940,000$1,315,000-28.5%
Midtown916-43.8%$930,000$1,655,000-43.8%
Times Square10911.1%$929,500$749,00024.1%
Midtown South7616.7%$792,500$1,029,000-23%
Wall Street515-66.7%$770,000$770,0000%
Kips Bay47-42.9%$685,000$835,000-18%
Inwood10-$295,000$0-

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