Market Overview for November, 2023
Median Sale Price
-4.5% YoY
Median Price/Sqft
-9.8% YoY
No. of Transactions
92.1% YoY
New York City Median Sale Price
-6% YoY
What is the median sale price and median price per sq ft in Manhattan?
The median home sale price in Manhattan as of November was $1M, down 4.5% year-over-year.
A total of 1984 assets were sold, representing a 92.1% growth compared to November last year.
The median price per square foot was $1,321, a -9.8% YoY change.
In November, the median home sale price in New York City was $675K.
Top Boroughs in New York City
Manhattan median price compared with other neighborhoods in New York City
Manhattan property values are on the higher-end among all boroughs in NYC .
Most Expensive Neighborhoods in Manhattan
| Neighborhood | Borough | Median Sale Price |
|---|---|---|
| Hudson Yards | Manhattan | $5,503,750 |
| TriBeCa | Manhattan | $4,550,000 |
| NoHo | Manhattan | $3,425,500 |
| Garment District | Manhattan | $3,047,500 |
| Hudson Square | Manhattan | $2,750,000 |
| SoHo | Manhattan | $2,695,000 |
| NoMad | Manhattan | $2,375,000 |
| Carnegie Hill | Manhattan | $1,925,000 |
| Two Bridges | Manhattan | $1,897,358 |
| Chinatown | Manhattan | $1,365,000 |
| Theatre District - Times Square | Manhattan | $1,365,000 |
| Lenox Hill | Manhattan | $1,350,000 |
| West Village | Manhattan | $1,300,000 |
| Central Park South | Manhattan | $1,297,500 |
| Flatiron District | Manhattan | $1,225,000 |
| Upper West Side | Manhattan | $1,200,000 |
| Greenwich Village | Manhattan | $1,195,133 |
| Clinton - Hell's Kitchen | Manhattan | $1,050,000 |
| Lincoln Square | Manhattan | $1,035,000 |
| Battery Park City | Manhattan | $1,000,000 |
| Sutton Place | Manhattan | $975,000 |
| NoLIta | Manhattan | $952,500 |
| Financial District | Manhattan | $927,500 |
| Turtle Bay | Manhattan | $917,500 |
| Central Midtown | Manhattan | $900,000 |
| East Village | Manhattan | $866,000 |
| Yorkville | Manhattan | $820,000 |
| Gramercy Park | Manhattan | $815,000 |
| Murray Hill | Manhattan | $765,000 |
| Civic Center | Manhattan | $725,000 |
| Morningside Heights | Manhattan | $650,000 |
| Lower East Side | Manhattan | $645,000 |
| Manhattan Valley | Manhattan | $625,000 |
| Kips Bay | Manhattan | $567,500 |
| Washington Heights | Manhattan | $455,000 |
| East Harlem | Manhattan | $430,000 |
| Chelsea | Manhattan | $407,500 |
| Harlem | Manhattan | $385,000 |
| Tudor City | Manhattan | $335,000 |
| Inwood | Manhattan | $330,000 |
Residential Properties Sold in Manhattan
| Property Type | Median sale price | Y-o-Y | Median sale price/sqft | Y-o-Y | Transactions |
| Condos | $1.7M | 12.9% | $1K | -7.4% | 0 |
| Coops | $789K | 10.5% | $951 | -1.3% | 0 |
| Houses | $7.9M | 39.1% | $1K | -22.5% | 0 |
The median house sale price in Manhattan in November was $7.9M, up 39.1% year-over-year. Condo and coop prices in Manhattan trended similarly, with a median condo price of $1.7M, up 12.9% year-over-year, and the median coop sale price up 10.5 % year-over-year to $789K.
See also
Manhattan Commercial Market Trends
Manhattan Multifamily Market Trends
Manhattan Retail Market Trends
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