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Little Italy Market Trends

Today, December 21, 2009

Little Italy Summary

The median sales price for homes in Little Italy for Sep 09 to Nov 09 was $165,000. This represents an increase of 0%, or $165,000, compared to the prior quarter and a decrease of 88.4% compared to the prior year. Sales prices have depreciated 66.4% over the last 5 years in Little Italy, New York.

The median sales price of $165,000 for Little Italy is 81.67% lower than the median sales price for New York NY. Average listing price for homes on Trulia in Little Italy was $5,326,514 for the week ending Dec 08, which represents an increase of 4.8%, or $245,514 compared to the prior week and an increase of 38%, or $1,467,650, compared to the week ending Nov 17. Average price per square foot for homes in Little Italy was $160 in the most recent quarter, which is 85.16% lower than the average price per square foot for homes in New York.

 

Average Listing Price in Little Italy

Embed Info
1 yr 5 yr Max
Little Italy average property price
Little Italy – number of properties
NeighborhoodWeek ending
Dec 8
w-o-wWeek ending
Dec 1
Week ending
Nov 24
Week ending
Nov 17
Little Italy$5,326,514+4.8%$5,081,000$4,784,402$3,858,864
New York$1,817,137-0.4%$1,824,786$1,831,612$1,866,566
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Popular Neighborhoods in New York

Neighborhoods Week ending
Dec 9
w-o-w Week ending
Dec 2
Week ending
Nov 25
Upper East Side 1 — 1 1
Upper West Side 2 — 2 2
Harlem 3 — 3 3
Greenwich Village 4 +1 5 5
West Village 5 -1 4 4
Chelsea 6 — 6 6
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Homes for Sale in Little Italy

5 Centre Market Place, New York NY
5 Centre M…
$14,000,000
 
Address Not Disclosed, New York NY
Address Not…
$650,000
1 br  1 ba
Address Not Disclosed, New York NY
Address Not…
$1,295,000
1 br  1 ba
Address Not Disclosed, New York NY
Address Not…
$690,000
2 br  1 ba
354 Broome Street, New York NY
354 Broome…
$1,149,000
1 br  2 ba
240 Centre Street, New York NY
240 Centre…
$19,950,000
4 br  4 ½ ba
View all Little Italy Homes for Sale
 
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Nearby Neighborhoods

Neighborhoods
Median
sales price
Average
listing price
Chinatown
$1,217,500
$4,136,979
NoLita
$1,325,000
$3,054,998
Civic Center
$2,225,000
$748,676
SoHo
$2,525,000
$3,463,950
Lower East Side
$497,625
$748,873
Two Bridges
$500,000
$699,995
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Little Italy Stats & Trends

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Our real estate market trends page gives you a valuable overview of the New York real estate market. Find New York properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on New York average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and New York housing statistics are available for each New York, NY neighborhood.
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About this Info
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.

 
   
About this Info
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.

 
   
About this Info
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.

 
   
About this Info
Average Price per Square Foot 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.