From January through March of 2017, there were five homes sold, with a median sale price of $2,000,000 - a 161.1% increase over the $766,000 median sale price for the same period of the previous year. There were seven homes sold in Chinatown in the first quarter of 2016.
The following table compares Chinatown to other New York County cities with similar median sales prices in the first quarter of 2017:
City | Jan. - Mar. 2017 Home Sales | Jan. - Mar. 2016 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2017 Median Sales Price | Jan. - Mar. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
TriBeCa | 34 | 28 | 21.4% | $2,850,000 | $2,801,500 | 1.7% |
West Village | 15 | 29 | -48.3% | $2,650,000 | $2,400,000 | 10.4% |
Carnegie Hill | 8 | 11 | -27.3% | $2,292,500 | $1,900,000 | 20.7% |
NoHo | 1 | 2 | -50% | $2,125,000 | $2,150,000 | -1.2% |
Upper East Side | 36 | 33 | 9.1% | $2,075,000 | $1,195,000 | 73.6% |
Chinatown | 5 | 7 | -28.6% | $2,000,000 | $766,000 | 161.1% |
Gramercy Park | 6 | 10 | -40% | $1,832,500 | $1,723,040.63 | 6.4% |
Lincoln Square | 38 | 46 | -17.4% | $1,745,000 | $1,347,500 | 29.5% |
Morningside Heights | 1 | 0 | - | $1,745,000 | $0 | - |
Midtown | 29 | 19 | 52.6% | $1,555,000 | $1,739,999.99 | -10.6% |
Hamilton Heights | 6 | 8 | -25% | $1,435,750 | $2,012,500 | -28.7% |