The New York City Spring Housing Market broke records, but it is not blowing minds.
Hudson Yards in Manhattan’s Side Side Side is the most expensive neighborhood of the city – again.
A dense price of $ 5.95 million in average sale there continued the winner of the six -year -old Encla -filled tower. Neighborhoods similarly with good Manhattan heels of Tribeca and Soho took the second and third places, respectively, but some Brooklyn Nabes are being caught.
The ranking of the 50 most expensive neighborhoods in New York City, which excludes the island of state and Bronx, has been compiled every three months from property. The data portal compared city sales data between April 1 and June 30, 2024 with the same period of this year.
Sales across the city in general, the report found, went gangbusters. Sales increased 4% year by year to reach a high average sale price of $ 799,000 this spring.
Hudson Yards, as usual, exceeded her peers. A relatively limited number of transactions in the high neighborhood carried the team. Only seven properties sold in the second quarter of this year, compared to five last year. Thanks to the astronomical price labels, however, sales at Hudson Yards exceeded the $ 1.8 million racing neighborhood.
This spring without tribes wins its highest awards in six years and second place in the rankings of Sshark. The average tribe sales pricing increased annually by 43% to $ 4.15 million. The Cultural Center was collapsed from the podium earlier this year by round sales in small Italy. 105 Stribeca impressive sales – a more than 50% increase in last year’s spring sales – allowed it to regain silver.
Elsewhere in the lower Manhattan, Soho Sales hit the average prices of $ 3.68 million in 32 sales.
A total of 39 neighborhoods recorded average sales in the north of $ 1 million, and five neighborhoods increased much over $ 2 million. Although Brooklyn put less sales and lower prices this year, Borough of Kings claimed the same number of neighborhoods in the top 50 countries as Manhattan.
Brooklyn’s most precious point, the Waterfront District of Columbia Road, is a young man of ranking, but settled in sixth city with an average sale price of $ 1.92 million in 12 spring sales.
Nearby, the Carroll Sedate gardens saw a 32% reduction in the average sales price to $ 1.33 million. This was despite increasing NYC sales growth to 129% – a sign that Carroll’s garden prices may be approximating to approximation to buyers’ wallets.
The Manhattan high -priced beach, on the other hand, boasted of the city’s sharpest growth with prices 197% on an average of $ 1.47 million. Most houses there recently sold for more than $ 1 million.
Sales in Queens, which made up a third of the city’s transactions last quarter, remained largely flat in terms of prices. Fresh Meadows, a Nabe-Me-Fillyman, joined the rankings as Queens’s most precious neighborhood of $ 1.15 million, mostly thanks to sales with a home.
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Image Source : nypost.com