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NYC Gazette

Friday, April 18, 2025

Kips Bay home prices rise in February 2018

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The median sale price of a home sold in February 2018 in Kips Bay rose by $944,000 while total sales decreased by 25%, according to BlockShopper.com.

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:

CityFeb. 2018 Home SalesFeb. 2017 Home Sales% change (Total Home Sales)Feb. 2018 Median Sales PriceFeb. 2017 Median Sales Price% change (Median Sales Price)
Greenwich Village5366.7%$1,860,000$1,300,00043.1%
Midtown7475%$1,740,000$1,775,000-2%
Lower East Side10-$1,725,000$0-
East Harlem21100%$1,652,500$3,531,937.50-53.2%
Upper East Side12850%$1,617,500$1,645,000-1.7%
Kips Bay34-25%$1,585,000$641,000147.3%
Two Bridges220%$1,540,000$472,500225.9%
Midtown South36-50%$1,525,000$1,265,00020.6%
Murray Hill916-43.8%$1,310,000$1,267,5003.4%
Chelsea712-41.7%$1,242,265$952,50030.4%
Upper West Side1520-25%$1,100,000$1,305,000-15.7%

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