From January through March of 2018, there were 11 homes sold, with a median sale price of $1,585,000 - a 83.2% increase over the $865,000 median sale price for the same period of the previous year. There were 15 homes sold in Kips Bay in the first quarter of 2017.
The following table compares Kips Bay to other New York County cities with similar median sales prices in the first quarter of 2018:
| City | Jan. - Mar. 2018 Home Sales | Jan. - Mar. 2017 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2018 Median Sales Price | Jan. - Mar. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Flatiron | 8 | 15 | -46.7% | $1,865,000 | $1,350,000 | 38.1% |
| Greenwich Village | 11 | 12 | -8.3% | $1,860,000 | $1,410,000 | 31.9% |
| Hamilton Heights | 3 | 6 | -50% | $1,800,000 | $1,435,750 | 25.4% |
| Upper East Side | 29 | 36 | -19.4% | $1,712,500 | $2,075,000 | -17.5% |
| Carnegie Hill | 10 | 8 | 25% | $1,694,500 | $2,292,500 | -26.1% |
| Kips Bay | 11 | 15 | -26.7% | $1,585,000 | $865,000 | 83.2% |
| Lenox Hill | 41 | 36 | 13.9% | $1,575,000 | $1,421,250 | 10.8% |
| Lower East Side | 6 | 1 | 500% | $1,450,000 | $1,225,000 | 18.4% |
| Lincoln Square | 50 | 38 | 31.6% | $1,447,500 | $1,745,000 | -17% |
| Fulton/Seaport | 3 | 2 | 50% | $1,375,000 | $1,012,500 | 35.8% |
| Gramercy Park | 10 | 6 | 66.7% | $1,330,000 | $1,832,500 | -27.4% |
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