In July 2017, there were five homes sold, with a median sale price of $1,735,000 - a 59.1% decrease over the $4,237,500 median sale price for the same period of the previous year. There were four homes sold in SoHo in July 2016.
The following table compares SoHo 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) |
---|---|---|---|---|---|---|
Gramercy Park | 3 | 2 | 50% | $2,430,000 | $1,095,000 | 121.9% |
Chinatown | 1 | 2 | -50% | $2,400,000 | $562,500 | 326.7% |
Carnegie Hill | 6 | 5 | 20% | $2,250,000 | $1,800,000 | 25% |
Chelsea | 13 | 13 | 0% | $1,974,000 | $1,175,000 | 68% |
Lincoln Square | 16 | 17 | -5.9% | $1,832,500 | $1,405,000 | 30.4% |
SoHo | 5 | 4 | 25% | $1,735,000 | $4,237,500 | -59.1% |
Upper East Side | 15 | 12 | 25% | $1,640,000 | $949,000 | 72.8% |
Wall Street | 5 | 8 | -37.5% | $1,635,000 | $990,000 | 65.2% |
Greenwich Village | 5 | 4 | 25% | $1,595,000 | $3,230,000 | -50.6% |
East Village | 3 | 5 | -40% | $1,425,000 | $2,430,000 | -41.4% |
Manhattan Valley | 3 | 4 | -25% | $1,395,000 | $845,500 | 65% |