In July 2017, there were six homes sold, with a median sale price of $1,145,000 - a 81.7% increase over the $630,000 median sale price for the same period of the previous year. There were six homes sold in Kips Bay in July 2016, as well.
The following table compares Kips Bay to other New York County cities with similar median sales prices in July 2017:
| City | July 2017 Home Sales | July 2016 Home Sales | % change (Total Home Sales) | July 2017 Median Sales Price | July 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Lenox Hill | 16 | 18 | -11.1% | $1,362,500 | $1,650,000 | -17.4% |
| Midtown East/Turtle Bay | 16 | 14 | 14.3% | $1,307,500 | $915,000 | 42.9% |
| Upper West Side | 31 | 28 | 10.7% | $1,285,000 | $1,032,500 | 24.5% |
| Hamilton Heights | 4 | 2 | 100% | $1,270,000 | $655,000 | 93.9% |
| Midtown | 5 | 9 | -44.4% | $1,260,000 | $1,360,000 | -7.4% |
| Kips Bay | 6 | 6 | 0% | $1,145,000 | $630,000 | 81.7% |
| Washington Heights | 1 | 0 | - | $1,130,000 | $0 | - |
| Central Harlem | 7 | 10 | -30% | $1,100,000 | $860,313.17 | 27.9% |
| Murray Hill | 13 | 11 | 18.2% | $1,076,000 | $1,294,000 | -16.8% |
| Clinton/Hell's Kitchen | 15 | 8 | 87.5% | $999,000 | $1,176,250 | -15.1% |
| Times Square | 8 | 17 | -52.9% | $967,500 | $998,000 | -3.1% |
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