From January through March of 2018, there were five homes sold, with a median sale price of $1,250,000 - a 119.3% increase over the $570,000 median sale price for the same period of the previous year. There were five homes sold in East Harlem in the first quarter of 2017, as well.
The following table compares East Harlem to other New York County cities with similar median sales prices in the first quarter of 2018:
City | Jan. - Mar. 2018 Home Sales | Jan. - Mar. 2017 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2018 Median Sales Price | Jan. - Mar. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Lower East Side | 6 | 1 | 500% | $1,450,000 | $1,225,000 | 18.4% |
Lincoln Square | 50 | 38 | 31.6% | $1,447,500 | $1,745,000 | -17% |
Fulton/Seaport | 3 | 2 | 50% | $1,375,000 | $1,012,500 | 35.8% |
Gramercy Park | 10 | 6 | 66.7% | $1,330,000 | $1,832,500 | -27.4% |
Murray Hill | 27 | 42 | -35.7% | $1,275,000 | $1,237,500 | 3% |
East Harlem | 5 | 5 | 0% | $1,250,000 | $570,000 | 119.3% |
Midtown | 21 | 29 | -27.6% | $1,200,000 | $1,555,000 | -22.8% |
Manhattan Valley | 6 | 8 | -25% | $1,119,201.75 | $880,000 | 27.2% |
Clinton/Hell's Kitchen | 32 | 38 | -15.8% | $1,112,500 | $1,152,500 | -3.5% |
Chelsea | 34 | 37 | -8.1% | $1,053,500 | $1,150,000 | -8.4% |
Midtown East/Turtle Bay | 43 | 67 | -35.8% | $990,000 | $1,250,000 | -20.8% |