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Empire State Today

Tuesday, December 24, 2024

Kips Bay home prices rise in November 2017

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The median sale price of a home sold in November 2017 in Kips Bay rose by $198,000 while total sales remained unchanged with four homes sold, according to BlockShopper.com.

In November 2017, there were four homes sold, with a median sale price of $1,140,500 - a 21% increase over the $942,500 median sale price for the same period of the previous year. There were four homes sold in Kips Bay in November 2016, as well.

The following table compares Kips Bay to other New York County cities with similar median sales prices in November 2017:

CityNov. 2017 Home SalesNov. 2016 Home Sales% change (Total Home Sales)Nov. 2017 Median Sales PriceNov. 2016 Median Sales Price% change (Median Sales Price)
Gramercy Park37-57.1%$1,390,000$1,152,50020.6%
Greenwich Village5425%$1,285,000$1,325,000-3%
Murray Hill6520%$1,267,500$890,00042.4%
Lower East Side12-50%$1,245,000$1,235,0000.8%
Chelsea10825%$1,176,875$2,462,500-52.2%
Kips Bay440%$1,140,500$942,50021%
Clinton/Hell's Kitchen12120%$1,134,548.50$808,000.5040.4%
Little Italy10-$1,100,000$0-
Upper West Side2325-8%$1,020,000$1,250,000-18.4%
Midtown East/Turtle Bay166166.7%$1,013,750$952,5006.4%
Times Square710-30%$990,000$982,564.880.8%

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