Is Financial District, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Financial District has remained a Buyer's Market.
Housing Prices in Financial District, NY
How much do homes in Financial District, NY cost?
Median Sold Price
$1,094,619
$1,186/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Financial District was $1,094,619 in April 2024, down 18.6% from last year, and the median price per square foot was $1,186.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $915K | $865K | -5.5% |
2 Bedrooms | $1.6M | $1.5M | -5.3% |
3 Bedrooms | $3.2M | $3.2M | 0.2% |
4 Bedrooms | $6.6M | $7.0M | +5.2% |
5+ Bedrooms | $11.7M | - | N/A |
Summary: Financial District housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.5%, 2 bedroom homes decreased by 5.3%, 3 bedroom homes increased by 0.2%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Lower Manhattan | $1.7M | $1.8M | +6.0% |
Battery Park City | $1.2M | $1.3M | +5.5% |
TriBeCa | $3.6M | $3.4M | -4.4% |
Financial District | $1.3M | $1.0M | -18.6% |
Housing Supply in Financial District, NY
How many homes are available in Financial District, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
216 | 215 | -0.5% |
Summary: The Financial District real estate market had 215 homes for sale in April 2024, a 0.5% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 91 | 97 | +6.6% |
2 Bedrooms | 89 | 85 | -4.5% |
3 Bedrooms | 26 | 24 | -7.7% |
4 Bedrooms | 8 | 7 | -12.5% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Financial District housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 6.6%, 2 bedroom homes decreased by 4.5%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 10 | +42.9% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Financial District in April 2024, up by 42.9% month-over-month. Of the 10 sold homes, 20% were sold under asking, 80% were sold at asking, and 0% were sold over asking.
Days on Market for Financial District, NY
We’re sorry, we don't have information for this market at the moment