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SoHo Market Trends

Today, November 14, 2009

Median Sales Price in SoHo

Embed Info
1 yr 5 yr Max
SoHo median sales prices
Number of sold homes in SoHo
NeighborhoodAug - Oct '09y-o-y3 months prior1 year prior5 years prior
SoHo$2,350,000+2.2%$2,482,500$2,300,000$1,425,550
New York$950,000-9.5%$975,000$1,050,000$631,408
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SoHo Summary

The median sales price for homes in SoHo for Aug 09 to Oct 09 was $2,350,000. This represents a decline of 5.3%, or $132,500, compared to the prior quarter and an increase of 2.2% compared to the prior year. Sales prices have appreciated 64.8% over the last 5 years in SoHo, New York.

The median sales price of $2,350,000 for SoHo is 147.37% higher than the median sales price for New York NY. Average listing price for homes on Trulia in SoHo was $3,515,058 for the week ending Nov 04, which represents an increase of 3.5%, or $119,705 compared to the prior week and an increase of 4%, or $136,104, compared to the week ending Oct 14. Average price per square foot for homes in SoHo was $1,288 in the most recent quarter, which is 12.69% higher than the average price per square foot for homes in New York.

 

Average Listing Price in SoHo

Embed Info
1 yr 5 yr Max
SoHo average property price
SoHo – number of properties
NeighborhoodWeek ending
Nov 4
w-o-wWeek ending
Oct 28
Week ending
Oct 21
Week ending
Oct 14
SoHo$3,515,058+3.5%$3,395,353$3,456,843$3,378,954
New York$1,971,035-0.3%$1,977,428$1,993,857$2,008,290
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Average Price Per Sqft for Homes in SoHo

Embed Info
1 yr 5 yr Max
SoHo average price per square foot
NeighborhoodAug - Oct '09y-o-y3 months prior1 year prior5 years prior
SoHo$1,288-15.7%$1,289$1,527$874
New York$1,143-11.0%$1,164$1,284$778
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Popular Neighborhoods in New York

Neighborhoods Week ending
Nov 4
w-o-w Week ending
Oct 28
Week ending
Oct 21
Upper East Side 1 — 1 1
Upper West Side 2 — 2 2
Harlem 3 — 3 3
West Village 4 — 4 4
Greenwich Village 5 +1 6 6
Chelsea 6 -1 5 5
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Homes for Sale in SoHo

45 Crosby Street #7S, New York NY
45 Crosby…
$2,650,000
3 br  2 ½ ba
60 Grand Street, New York NY
60 Grand St…
$1,685,000
2 br  1 ba
46 Mercer Street #7W, New York NY
46 Mercer…
$2,675,000
3 br  2 ba
210 Lafayette Street #4A, New York NY
210 Lafaye…
$599,000
2 br  2 ba
55 Crosby Street, New York NY
55 Crosby…
$6,300,000
4 br  2 ba
145 Avenue Of The Americas #PH, New York NY
145 Avenue…
$14,500,000
6 br  7 ½ ba
View all SoHo Homes for Sale
 
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Nearby Neighborhoods

Neighborhoods
Median
sales price
Average
listing price
Tribeca
$2,125,000
$3,308,827
NoLita
$1,355,000
$3,724,466
Little Italy
$165,000
$4,101,041
NoHo
$1,795,500
$3,830,064
Chinatown
$1,200,000
$2,755,175
Greenwich Village
$1,525,000
$1,696,598
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Advice & Opinions

Recent Q&A in New York, NY

Q: Have the prices of homes in The Diamond Head area and the St louis area declining. Be the first to answer
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Nearby Neighborhoods Real Estate

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SoHo Stats & Trends

  • SoHo Real Estate Overview
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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.