In February 2018, there were three homes sold, with a median sale price of $1,585,000 - a 147.3% increase over the $641,000 median sale price for the same period of the previous year. There were four homes sold in Kips Bay in February 2017.
The following table compares Kips Bay to other New York County cities with similar median sales prices in February 2018:
City | Feb. 2018 Home Sales | Feb. 2017 Home Sales | % change (Total Home Sales) | Feb. 2018 Median Sales Price | Feb. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Greenwich Village | 5 | 3 | 66.7% | $1,860,000 | $1,300,000 | 43.1% |
Midtown | 7 | 4 | 75% | $1,740,000 | $1,775,000 | -2% |
Lower East Side | 1 | 0 | - | $1,725,000 | $0 | - |
East Harlem | 2 | 1 | 100% | $1,652,500 | $3,531,937.50 | -53.2% |
Upper East Side | 12 | 8 | 50% | $1,617,500 | $1,645,000 | -1.7% |
Kips Bay | 3 | 4 | -25% | $1,585,000 | $641,000 | 147.3% |
Two Bridges | 2 | 2 | 0% | $1,540,000 | $472,500 | 225.9% |
Midtown South | 3 | 6 | -50% | $1,525,000 | $1,265,000 | 20.6% |
Murray Hill | 9 | 16 | -43.8% | $1,310,000 | $1,267,500 | 3.4% |
Chelsea | 7 | 12 | -41.7% | $1,242,265 | $952,500 | 30.4% |
Upper West Side | 15 | 20 | -25% | $1,100,000 | $1,305,000 | -15.7% |