The median sales price for homes in NoLita for Sep 09 to Nov 09 was $1,325,000. This represents a decline of 50.1%, or $1,329,392, compared to the prior quarter and a decrease of 39.2% compared to the prior year. Sales prices have appreciated 63.7% over the last 5 years in NoLita, New York.
The median sales price of $1,325,000 for NoLita is 47.22% higher than the median sales price for New York NY. Average listing price for homes on Trulia in NoLita was $3,242,790 for the week ending Dec 16, which represents an increase of 6.9%, or $210,127 compared to the prior week and a decline of 7.3%, or $256,973, compared to the week ending Nov 25. Average price per square foot for homes in NoLita was $1,183 in the most recent quarter, which is 9.74% higher than the average price per square foot for homes in New York.
| Neighborhood | Week ending Dec 16 | w-o-w | Week ending Dec 9 | Week ending Dec 2 | Week ending Nov 25 |
|---|---|---|---|---|---|
| NoLita | $3,242,790 | +6.9% | $3,032,663 | $3,122,000 | $3,499,763 | New York | $1,828,033 | +0.7% | $1,815,256 | $1,825,359 | $1,830,156 |
| Neighborhoods | Week ending Dec 16 |
w-o-w | Week ending Dec 9 |
Week ending Dec 2 |
|---|---|---|---|---|
| Upper East Side | 1 | — | 1 | 1 |
| Upper West Side | 2 | — | 2 | 2 |
| Harlem | 3 | — | 3 | 3 |
| Greenwich Village | 4 | — | 4 | 5 |
| West Village | 5 | — | 5 | 4 |
| Chelsea | 6 | — | 6 | 6 |
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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