Is The Flatiron 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, The Flatiron District has remained a Buyer's Market.
Housing Prices in The Flatiron District, NY
How much do homes in The Flatiron District, NY cost?
Median Sold Price
$1,787,500
$1,678/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in The Flatiron District was $1,787,500 in April 2024, up 2.9% from last year, and the median price per square foot was $1,678.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $1.0M | $980K | -10.5% |
2 Bedrooms | $2.1M | $2.3M | +7.0% |
3 Bedrooms | $3.4M | $3.8M | +11.1% |
4 Bedrooms | $6.5M | $12.3M | +89.2% |
5+ Bedrooms | $6.2M | $4.2M | -31.9% |
Summary: The Flatiron District housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.5%, 2 bedroom homes increased by 7%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 89.2%, and 5+ bedroom homes decreased by 31.9%.
Median Sold Price Compared To Nearby Neighborhoods
Chelsea | $1.9M | $2.0M | +5.8% |
The Flatiron District | $1.7M | $1.7M | +2.9% |
Rose Hill | $2.4M | $2.3M | -5.2% |
NoMad | $4.6M | $4.2M | -9.2% |
Gramercy Park | $1.3M | $1.1M | -17.0% |
Housing Supply in The Flatiron District, NY
How many homes are available in The Flatiron District, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
116 | 111 | -4.3% |
Summary: The The Flatiron District real estate market had 111 homes for sale in April 2024, a 4.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 34 | 28 | -17.6% |
2 Bedrooms | 36 | 33 | -8.3% |
3 Bedrooms | 29 | 30 | +3.4% |
4 Bedrooms | 9 | 11 | +22.2% |
5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The The Flatiron District housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 17.6%, 2 bedroom homes decreased by 8.3%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 10 | +25.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in The Flatiron District in April 2024, up by 25.0% month-over-month. Of the 10 sold homes, 40% were sold under asking, 60% were sold at asking, and 0% were sold over asking.
Days on Market for The Flatiron District, NY
We’re sorry, we don't have information for this market at the moment