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Tuesday, December 24, 2024

Gramercy Park home prices rise in November 2017

Realestate1

The median sale price of a home sold in November 2017 in Gramercy Park rose by $237,500 while total sales decreased by 57.1%, according to BlockShopper.com.

In November 2017, there were three homes sold, with a median sale price of $1,390,000 - a 20.6% increase over the $1,152,500 median sale price for the same period of the previous year. There were seven homes sold in Gramercy Park in November 2016.

The following table compares Gramercy Park 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)
East Harlem15-80%$2,450,000$980,000150%
Midtown63100%$2,022,500$2,250,000-10.1%
Lenox Hill10100%$1,957,500$1,205,00062.4%
Lincoln Square1320-35%$1,650,000$2,260,037.50-27%
West Village770%$1,580,000$1,866,600-15.4%
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%

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