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Friday, November 22, 2024

Carnegie Hill home prices fall in the first quarter of 2018

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The median sale price of a home sold in the first quarter of 2018 in Carnegie Hill fell by $598,000 while total sales increased by 25%, according to BlockShopper.com.

From January through March of 2018, there were 10 homes sold, with a median sale price of $1,694,500 - a 26.1% decrease over the $2,292,500 median sale price for the same period of the previous year. There were eight homes sold in Carnegie Hill in the first quarter of 2017.

The following table compares Carnegie Hill to other New York County cities with similar median sales prices in the first quarter of 2018:

CityJan. - Mar. 2018 Home SalesJan. - Mar. 2017 Home Sales% change (Total Home Sales)Jan. - Mar. 2018 Median Sales PriceJan. - Mar. 2017 Median Sales Price% change (Median Sales Price)
NoHo31200%$2,400,000$2,125,00012.9%
Flatiron815-46.7%$1,865,000$1,350,00038.1%
Greenwich Village1112-8.3%$1,860,000$1,410,00031.9%
Hamilton Heights36-50%$1,800,000$1,435,75025.4%
Upper East Side2936-19.4%$1,712,500$2,075,000-17.5%
Carnegie Hill10825%$1,694,500$2,292,500-26.1%
Kips Bay1115-26.7%$1,585,000$865,00083.2%
Lenox Hill413613.9%$1,575,000$1,421,25010.8%
Lower East Side61500%$1,450,000$1,225,00018.4%
Lincoln Square503831.6%$1,447,500$1,745,000-17%
Fulton/Seaport3250%$1,375,000$1,012,50035.8%

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