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:
City | Jan. 2018 Home Sales | Jan. 2017 Home Sales | % change (Total Home Sales) | Jan. 2018 Median Sales Price | Jan. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
West Village | 3 | 5 | -40% | $1,020,000 | $2,111,250 | -51.7% |
Yorkville | 14 | 11 | 27.3% | $945,940.50 | $745,000 | 27% |
Upper West Side | 20 | 22 | -9.1% | $945,468.94 | $1,007,500 | -6.2% |
Two Bridges | 1 | 1 | 0% | $945,000 | $197,013.54 | 379.7% |
Midtown East/Turtle Bay | 14 | 26 | -46.2% | $940,000 | $1,315,000 | -28.5% |
Midtown | 9 | 16 | -43.8% | $930,000 | $1,655,000 | -43.8% |
Times Square | 10 | 9 | 11.1% | $929,500 | $749,000 | 24.1% |
Midtown South | 7 | 6 | 16.7% | $792,500 | $1,029,000 | -23% |
Wall Street | 5 | 15 | -66.7% | $770,000 | $770,000 | 0% |
Kips Bay | 4 | 7 | -42.9% | $685,000 | $835,000 | -18% |
Inwood | 1 | 0 | - | $295,000 | $0 | - |