| Neighborhood | Aug - Oct '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| Garment District | $725,000 | -15.1% | $901,500 | $854,000 | $1,045,946 | New York | $950,000 | -9.5% | $975,000 | $1,050,000 | $631,408 |
The median sales price for homes in Garment District for Aug 09 to Oct 09 was $725,000. This represents a decline of 19.6%, or $176,500, compared to the prior quarter and a decrease of 15.1% compared to the prior year. Sales prices have depreciated 30.7% over the last 5 years in Garment District, New York.
The median sales price of $725,000 for Garment District is 23.68% lower than the median sales price for New York NY. Average listing price for homes on Trulia in Garment District was $2,080,591 for the week ending Nov 18, which represents an increase of 1.3%, or $27,307 compared to the prior week and an increase of 5.3%, or $104,033, compared to the week ending Oct 28. Average price per square foot for homes in Garment District was $1,052 in the most recent quarter, which is 7.96% lower than the average price per square foot for homes in New York.
| Neighborhood | Week ending Nov 18 | w-o-w | Week ending Nov 11 | Week ending Nov 4 | Week ending Oct 28 |
|---|---|---|---|---|---|
| Garment District | $2,080,591 | +1.3% | $2,053,284 | $2,021,859 | $1,976,558 | New York | $1,860,299 | -3.8% | $1,934,317 | $1,971,035 | $1,977,428 |
| Neighborhood | Aug - Oct '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| Garment District | $1,052 | -14.2% | $1,091 | $1,226 | $628 | New York | $1,143 | -11.0% | $1,164 | $1,284 | $778 |
| Neighborhoods | Week ending Nov 18 |
w-o-w | Week ending Nov 11 |
Week ending Nov 4 |
|---|---|---|---|---|
| Upper East Side | 1 | — | 1 | 1 |
| Upper West Side | 2 | — | 2 | 2 |
| Harlem | 3 | — | 3 | 3 |
| Chelsea | 4 | +2 | 6 | 6 |
| Greenwich Village | 5 | — | 5 | 5 |
| West Village | 6 | -2 | 4 | 4 |
Market Trends
Fair Housing and Equal Opportunity
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Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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