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:
City | Nov. 2017 Home Sales | Nov. 2016 Home Sales | % change (Total Home Sales) | Nov. 2017 Median Sales Price | Nov. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Gramercy Park | 3 | 7 | -57.1% | $1,390,000 | $1,152,500 | 20.6% |
Greenwich Village | 5 | 4 | 25% | $1,285,000 | $1,325,000 | -3% |
Murray Hill | 6 | 5 | 20% | $1,267,500 | $890,000 | 42.4% |
Lower East Side | 1 | 2 | -50% | $1,245,000 | $1,235,000 | 0.8% |
Chelsea | 10 | 8 | 25% | $1,176,875 | $2,462,500 | -52.2% |
Kips Bay | 4 | 4 | 0% | $1,140,500 | $942,500 | 21% |
Clinton/Hell's Kitchen | 12 | 12 | 0% | $1,134,548.50 | $808,000.50 | 40.4% |
Little Italy | 1 | 0 | - | $1,100,000 | $0 | - |
Upper West Side | 23 | 25 | -8% | $1,020,000 | $1,250,000 | -18.4% |
Midtown East/Turtle Bay | 16 | 6 | 166.7% | $1,013,750 | $952,500 | 6.4% |
Times Square | 7 | 10 | -30% | $990,000 | $982,564.88 | 0.8% |