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Saturday, December 28, 2024

Times Square home prices fall in July 2017

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The median sale price of a home sold in July 2017 in Times Square fell by $30,500 while total sales decreased by 52.9%, according to BlockShopper.com.

In July 2017, there were eight homes sold, with a median sale price of $967,500 - a 3.1% decrease over the $998,000 median sale price for the same period of the previous year. There were 17 homes sold in Times Square in July 2016.

The following table compares Times Square to other New York County cities with similar median sales prices in July 2017:

CityJuly 2017 Home SalesJuly 2016 Home Sales% change (Total Home Sales)July 2017 Median Sales PriceJuly 2016 Median Sales Price% change (Median Sales Price)
Kips Bay660%$1,145,000$630,00081.7%
Washington Heights10-$1,130,000$0-
Central Harlem710-30%$1,100,000$860,313.1727.9%
Murray Hill131118.2%$1,076,000$1,294,000-16.8%
Clinton/Hell's Kitchen15887.5%$999,000$1,176,250-15.1%
Times Square817-52.9%$967,500$998,000-3.1%
Two Bridges10-$960,000$0-
Yorkville201717.6%$843,250$1,200,000-29.7%
East Harlem220%$740,000$1,375,000-46.2%
Battery Park City712-41.7%$695,000$815,000-14.7%
Inwood13-66.7%$385,000$320,00020.3%

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