In March 2017, there were nine homes sold, with a median sale price of $1,160,000 - a 61.3% decrease over the $3,000,000 median sale price for the same period of the previous year. There were nine homes sold in Midtown in March 2016, as well.
The following table compares Midtown to other New York County cities with similar median sales prices in March 2017:
City | Mar. 2017 Home Sales | Mar. 2016 Home Sales | % change (Total Home Sales) | Mar. 2017 Median Sales Price | Mar. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Clinton/Hell's Kitchen | 16 | 12 | 33.3% | $1,619,444 | $1,137,500 | 42.4% |
Murray Hill | 12 | 10 | 20% | $1,382,500 | $1,362,500 | 1.5% |
Lincoln Square | 12 | 18 | -33.3% | $1,373,000 | $1,449,098.13 | -5.3% |
Chelsea | 12 | 13 | -7.7% | $1,370,000 | $1,180,000 | 16.1% |
Yorkville | 15 | 17 | -11.8% | $1,270,000 | $1,250,000 | 1.6% |
Midtown | 9 | 9 | 0% | $1,160,000 | $3,000,000 | -61.3% |
East Village | 2 | 2 | 0% | $1,002,500 | $1,450,000 | -30.9% |
Midtown East/Turtle Bay | 23 | 21 | 9.5% | $990,000 | $785,000 | 26.1% |
Fulton/Seaport | 1 | 1 | 0% | $985,000 | $1,795,000 | -45.1% |
Central Harlem | 5 | 14 | -64.3% | $900,000 | $1,575,000 | -42.9% |
Upper West Side | 19 | 33 | -42.4% | $860,000 | $1,100,000 | -21.8% |