In January 2017, there were seven homes sold, with a median sale price of $835,000 - a 46% decrease over the $1,545,000 median sale price for the same period of the previous year. There were two homes sold in Kips Bay in January 2016.
The following table compares Kips Bay to other New York County cities with similar median sales prices in January 2017:
| City | Jan. 2017 Home Sales | Jan. 2016 Home Sales | % change (Total Home Sales) | Jan. 2017 Median Sales Price | Jan. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Midtown South | 6 | 5 | 20% | $1,029,000 | $1,205,000 | -14.6% |
| Upper West Side | 22 | 17 | 29.4% | $1,007,500 | $1,425,000 | -29.3% |
| Chelsea | 13 | 8 | 62.5% | $995,000 | $2,007,000 | -50.4% |
| Battery Park City | 14 | 5 | 180% | $952,500 | $839,000 | 13.5% |
| Clinton/Hell's Kitchen | 12 | 9 | 33.3% | $941,000 | $1,685,000 | -44.2% |
| Kips Bay | 7 | 2 | 250% | $835,000 | $1,545,000 | -46% |
| Washington Heights | 2 | 1 | 100% | $820,000 | $1,200,000 | -31.7% |
| Central Harlem | 7 | 7 | 0% | $775,000 | $725,000 | 6.9% |
| Wall Street | 15 | 3 | 400% | $770,000 | $600,000 | 28.3% |
| Times Square | 9 | 5 | 80% | $749,000 | $960,000 | -22% |
| Yorkville | 11 | 8 | 37.5% | $745,000 | $787,500 | -5.4% |
Alerts Sign-up