Here Are the Depressing Stats on New York City's Most Expensive Neighborhoods

NYC's Priciest Neighborhoods, Q2 2018
NYC's Priciest Neighborhoods, Q2 2018

Real estate website Property Shark recently analyzed their data and found the top ten most expensive neighborhoods in New York City based on median sales point. Here are the depressing takeaways:

  • TriBeCa entrenched as #1 most expensive neighborhood in NYC, despite 26% Y-o-Y price drop
  • With a $2.95 million median sale price, SoHo remains firmly in second place
  • Brooklyn’s Homecrest sees sharpest median sale price increase at 80%
  • At #3, DUMBO is Brooklyn’s priciest neighborhood
  • The Upper East Side is NYC’s most active neighborhood sales market with 600 transactions, followed closely by the Upper West Side with 579 residences sold
  • Two Queens neighborhoods hit the $1 million mark

Check out the accompanying article for insights into what the data means for the City's real estate market.

Matt Coneybeare

Matt Coneybeare

Editor in Chief

Matt enjoys exploring the City's food scene with his Wife and the outdoors with their dog. He is an avid marathon runner, and spends most of his time eating, running, and working on cool stuff.

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