From October through December of 2017, there were 25 homes sold, with a median sale price of $1,230,000 - a 6% increase over the $1,160,000 median sale price for the same period of the previous year. There were 25 homes sold in Murray Hill in the fourth quarter of 2016, as well.
The following table compares Murray Hill to other New York County cities with similar median sales prices in the fourth quarter of 2017:
City | Oct. - Dec. 2017 Home Sales | Oct. - Dec. 2016 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2017 Median Sales Price | Oct. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Midtown | 27 | 12 | 125% | $1,567,371 | $2,125,000 | -26.2% |
Washington Heights | 1 | 2 | -50% | $1,560,000 | $847,500 | 84.1% |
Chelsea | 25 | 26 | -3.8% | $1,475,000 | $1,675,000 | -11.9% |
Gramercy Park | 7 | 11 | -36.4% | $1,390,000 | $1,245,000 | 11.6% |
Lower East Side | 3 | 4 | -25% | $1,245,000 | $1,225,000 | 1.6% |
Murray Hill | 25 | 25 | 0% | $1,230,000 | $1,160,000 | 6% |
Two Bridges | 2 | 1 | 100% | $1,197,500 | $150,000 | 698.3% |
Midtown East/Turtle Bay | 50 | 47 | 6.4% | $1,157,500 | $1,050,000 | 10.2% |
East Village | 12 | 11 | 9.1% | $1,130,000 | $1,047,600 | 7.9% |
Upper West Side | 68 | 68 | 0% | $1,046,898.75 | $1,117,518.75 | -6.3% |
Little Italy | 2 | 0 | - | $1,045,000 | $0 | - |