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Washington Heights Market Trends

Today, November 24, 2009

Washington Heights Summary

The median sales price for homes in Washington Heights for Aug 09 to Oct 09 was $390,000. This represents a decline of 24.3%, or $125,000, compared to the prior quarter and an increase of 0% compared to the prior year. Sales prices have appreciated 8.3% over the last 5 years in Washington Heights, New York.

The median sales price of $390,000 for Washington Heights is 58.95% lower than the median sales price for New York NY. Average listing price for homes on Trulia in Washington Heights was $506,965 for the week ending Nov 18, which represents an increase of 3.6%, or $17,498 compared to the prior week and an increase of 1.2%, or $6,190, compared to the week ending Oct 28. Average price per square foot for homes in Washington Heights was $144 in the most recent quarter, which is 87.40% lower than the average price per square foot for homes in New York.

 

Average Listing Price in Washington Heights

Embed Info
1 yr 5 yr Max
Washington Heights average property price
Washington Heights – number of properties
NeighborhoodWeek ending
Nov 18
w-o-wWeek ending
Nov 11
Week ending
Nov 4
Week ending
Oct 28
Washington Heights$506,965+3.6%$489,467$504,514$500,775
New York$1,860,299-3.8%$1,934,317$1,971,035$1,977,428
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Popular Neighborhoods in New York

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
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Homes for Sale in Washington Heights

501 West 156th Street, New York NY
501 W 156th…
$250,000
1 br  1 ba
2 Sylvan Terrace, New York NY
2 Sylvan T…
$1,100,000
 
930 Saint Nicholas Avenue #2, New York NY
930 Saint…
$325,000
2 br  1 ba
930 Saint Nicholas Avenue #56, New York NY
930 Saint…
$335,000
2 br  1 ba
2360 Amsterdam Avenue #6E, New York NY
2360 Amste…
$449,300
2 br  1 ½ ba
2360 Amsterdam Avenue #4D, New York NY
2360 Amste…
$423,700
2 br  2 ba
View all Washington Heights Homes for Sale
 
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Washington Heights, New York

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Nearby Neighborhoods

Neighborhoods
Median
sales price
Average
listing price
Fort George
$445,000
$442,361
Hamilton Heights
$960,000
$414,320
Inwood
$243,750
$383,774
Harlem
$800,000
$747,674
Morningside Heights
$849,000
$773,569
East Harlem
$605,000
$938,695
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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 Home Prices

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Washington Heights 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.