From July through December of 2017, there were 39 homes sold, with a median sale price of $876,000 - a 0.2% decrease over the $877,500 median sale price for the same period of the previous year. There were 28 homes sold in Kips Bay in the second half of 2016.
The following table compares Kips Bay to other New York County cities with similar median sales prices in the second half of 2017:
| City | July - Dec. 2017 Home Sales | July - Dec. 2016 Home Sales | % change (Total Home Sales) | July - Dec. 2017 Median Sales Price | July - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Central Harlem | 50 | 38 | 31.6% | $925,000 | $1,062,500 | -12.9% |
| Hamilton Heights | 17 | 16 | 6.3% | $910,000 | $1,075,000 | -15.3% |
| Two Bridges | 4 | 2 | 100% | $880,000 | $115,000 | 665.2% |
| Battery Park City | 61 | 63 | -3.2% | $878,749.75 | $855,000 | 2.8% |
| Yorkville | 85 | 80 | 6.3% | $878,000 | $942,000 | -6.8% |
| Kips Bay | 39 | 28 | 39.3% | $876,000 | $877,500 | -0.2% |
| Washington Heights | 4 | 3 | 33.3% | $822,500 | $545,000 | 50.9% |
| Wall Street | 47 | 50 | -6% | $787,500 | $836,900 | -5.9% |
| Chinatown | 10 | 9 | 11.1% | $784,000 | $830,000 | -5.5% |
| Manhattan Valley | 11 | 25 | -56% | $740,000 | $800,000 | -7.5% |
| East Harlem | 12 | 15 | -20% | $620,000 | $600,000 | 3.3% |
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