Tendances du Marche

Trends July 2011

New York Summary

Average price per square foot for New York NY was $1,197, an increase of 7.4% compared to the same period last year. The median sales price for homes in New York NY for Apr 11 to Jun 11 was $1,075,000 based on 1,413 home sales. Compared to the same period one year ago, the median home sales price increased 3.5%, or $36,000, and the number of home sales increased 11.4%.

The average listing price for homes for sale in New York NY was $1,930,722 for the week ending Jul 27, which represents a decrease of 0.8%, or $15,689, compared to the prior week. Popular neighborhoods in New York include Upper East Side and Upper West Side, with average listing prices of $2,691,021 and $2,306,593.

Hamilton Heights Summary

The median sales price for homes in Hamilton Heights, New York for Apr 11 to Jun 11 was $662,875 based on 4 sales. Compared to the same period one year ago, the median sales price increased 105.7%, or $340,635, and the number of sales decreased 20%. Average price per square foot for Hamilton Heights was $331, a decrease of 23.4% compared to the same period last year.

The average listing price for homes for sale in Hamilton Heights was $787,936 for the week ending Jul 27, which represents an increase of 2.2%, or $17,193, compared to the prior week.

SoHo Summary

The median sales price for homes in SoHo, New York for Apr 11 to Jun 11 was $2,840,000 based on 30 sales. Compared to the same period one year ago, the median sales price increased 15.3%, or $377,500, and the number of sales increased 0%. Average price per square foot for SoHo was $1,471, an increase of 5.4% compared to the same period last year.

The average listing price for homes for sale in SoHo was $3,502,673 for the week ending Jul 27, which represents a decrease of 1.5%, or $54,811, compared to the prior week.

Financial District Summary

The median sales price for homes in Financial District, New York for Apr 11 to Jun 11 was $785,626 based on 140 sales. Compared to the same period one year ago, the median sales price increased 11.1%, or $78,626, and the number of sales increased 21.7%. Average price per square foot for Financial District was $907, an increase of 5.7% compared to the same period last year. 

The average listing price for homes for sale in Financial District was $1,212,583 for the week ending Jul 27, which represents an increase of 1%, or $12,147, compared to the prior week.

Source Trulia.com