PropertyShark released a new report a couple of weeks ago that showed that NYC still has some of the most expensive neighborhoods in the country.
The neighborhoods with the greatest year-over-year Q3 increases in median sale price are: Gowanus, Windsor Terrace, Hudson Square, Hudson Yards, Cobble Hill, Clinton Hill, Greenpoint, UWS, Bergen Beach, and the Columbia Street Waterfront District.
The neighborhoods with the greatest year-over-year Q3 decreases in median sale price are: East Village, Manhattan Beach, Belle Harbor, Financial District, SoHo, Brooklyn Heights, Chinatown, Battery Park City, Little Italy and Fiske Terrace.
Rank |
Borough |
Neighborhood |
Median Sale Price Q3 2022 |
Median Sale Price Q3 2021 |
Y-o-Y Change |
No of Sales Q3 2022 |
No of Sales Q3 2021 |
Y-o-Y Change |
1 |
Manhattan |
Hudson Yards |
$5,852,000 |
$4,354,000 |
34% |
12 |
9 |
33% |
2 |
Manhattan |
TriBeCa |
$3,515,000 |
$3,350,000 |
5% |
100 |
99 |
1% |
3 |
Manhattan |
Hudson Square |
$2,740,000 |
$2,016,000 |
36% |
24 |
90 |
-73% |
4 |
Manhattan |
SoHo |
$2,378,000 |
$2,850,000 |
-17% |
48 |
39 |
23% |
5 |
Manhattan |
Flatiron District |
$1,950,000 |
$1,765,000 |
10% |
175 |
148 |
18% |
6 |
Brooklyn |
Carroll Gardens |
$1,810,000 |
$1,596,000 |
13% |
31 |
34 |
-9% |
7 |
Brooklyn |
Gowanus |
$1,791,000 |
$1,088,000 |
65% |
31 |
22 |
41% |
8 |
Brooklyn |
DUMBO |
$1,775,000 |
$1,818,000 |
-2% |
43 |
36 |
19% |
9 |
Brooklyn |
Cobble Hill |
$1,755,000 |
$1,358,000 |
29% |
36 |
32 |
13% |
10 |
Manhattan |
Theatre District - Times Square |
$1,675,000 |
$1,525,000 |
10% |
46 |
74 |
-38% |
11 |
Manhattan |
Little Italy |
$1,484,000 |
$2,500,000 |
-41% |
13 |
11 |
18% |
12 |
Brooklyn |
Boerum Hill |
$1,451,000 |
$1,230,000 |
18% |
31 |
47 |
-34% |
13 |
Manhattan |
Greenwich Village |
$1,425,000 |
$1,223,000 |
17% |
155 |
186 |
-17% |
14 |
Manhattan |
Chelsea |
$1,424,000 |
$1,302,000 |
9% |
242 |
214 |
13% |
15 |
Brooklyn |
Columbia Street Waterfront District |
$1,400,000 |
$1,152,000 |
22% |
13 |
20 |
-35% |
16 |
Brooklyn |
Park Slope |
$1,393,000 |
$1,200,000 |
16% |
173 |
187 |
-7% |
17 |
Brooklyn |
Greenpoint |
$1,378,000 |
$1,095,000 |
26% |
53 |
38 |
39% |
18 |
Manhattan |
West Village |
$1,310,000 |
$1,298,000 |
1% |
132 |
101 |
31% |
19 |
Manhattan |
Battery Park City |
$1,287,000 |
$1,750,000 |
-26% |
106 |
49 |
116% |
20 |
Manhattan |
Upper West Side |
$1,273,000 |
$1,021,000 |
25% |
778 |
845 |
-8% |
21 |
Manhattan |
Upper East Side |
$1,233,000 |
$1,175,000 |
5% |
770 |
907 |
-15% |
22 |
Brooklyn |
Downtown Brooklyn |
$1,152,000 |
$1,175,000 |
-2% |
100 |
114 |
-12% |
23 |
Brooklyn |
Greenwood Heights |
$1,146,000 |
$1,160,000 |
-1% |
16 |
28 |
-43% |
24 |
Brooklyn |
Windsor Terrace |
$1,140,000 |
$835,000 |
37% |
29 |
39 |
-26% |
25 |
Queens |
Ditmars - Steinway |
$1,129,000 |
$960,000 |
18% |
10 |
15 |
-33% |
26 |
Brooklyn |
Clinton Hill |
$1,079,000 |
$840,000 |
28% |
102 |
49 |
108% |
26 |
Brooklyn |
Prospect Heights |
$1,079,000 |
$945,000 |
14% |
69 |
79 |
-13% |
27 |
Manhattan |
Lower East Side |
$1,075,000 |
$995,000 |
8% |
79 |
84 |
-6% |
28 |
Queens |
Hunters Point |
$1,055,000 |
$1,064,000 |
-1% |
105 |
232 |
-55% |
29 |
Brooklyn |
Fort Greene |
$1,050,000 |
$950,000 |
11% |
25 |
31 |
-19% |
30 |
Brooklyn |
Manhattan Beach |
$1,046,000 |
$1,200,000 |
-13% |
12 |
11 |
9% |
31 |
Brooklyn |
Williamsburg |
$1,027,000 |
$1,145,000 |
-10% |
157 |
183 |
-14% |
32 |
Queens |
Belle Harbor |
$999,000 |
$1,150,000 |
-13% |
11 |
5 |
120% |
32 |
Brooklyn |
Mill Basin |
$999,000 |
$825,000 |
21% |
14 |
11 |
27% |
33 |
Manhattan |
Roosevelt Island |
$995,000 |
$833,000 |
19% |
17 |
10 |
70% |
34 |
Brooklyn |
Dyker Heights |
$993,000 |
$935,000 |
6% |
20 |
18 |
11% |
35 |
Queens |
Fresh Meadows |
$992,000 |
$978,000 |
1% |
34 |
38 |
-11% |
36 |
Manhattan |
Financial District |
$980,000 |
$1,138,000 |
-14% |
109 |
130 |
-16% |
37 |
Manhattan |
East Village |
$970,000 |
$1,075,000 |
-10% |
83 |
85 |
-2% |
38 |
Manhattan |
Chinatown |
$965,000 |
$1,275,000 |
-24% |
10 |
8 |
25% |
39 |
Brooklyn |
Brooklyn Heights |
$955,000 |
$1,150,000 |
-17% |
80 |
99 |
-19% |
40 |
Queens |
Rockwood Park |
$950,000 |
$881,000 |
8% |
19 |
12 |
58% |
40 |
Manhattan |
Sutton Place |
$950,000 |
$862,000 |
10% |
75 |
117 |
-36% |
41 |
Brooklyn |
Bergen Beach |
$945,000 |
$768,000 |
23% |
5 |
13 |
-62% |
42 |
Manhattan |
Central Midtown |
$935,000 |
$852,000 |
10% |
78 |
74 |
5% |
43 |
Queens |
Queensboro Hill |
$917,000 |
$920,000 |
0% |
18 |
15 |
20% |
44 |
Manhattan |
Gramercy Park |
$910,000 |
$988,000 |
-8% |
111 |
124 |
-10% |
45 |
Brooklyn |
Fiske Terrace |
$905,000 |
$1,650,000 |
-45% |
8 |
5 |
60% |