Is TriBeCa, 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, TriBeCa has remained a Buyer's Market.
Key Takeaway
TriBeCa is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in TriBeCa, NY
How much do homes in TriBeCa, NY cost?
Median Sold Price
$3,458,750
$2,022/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in TriBeCa have sold for 4.4% less than they did a year ago.
Summary: The median home sold price in TriBeCa was $3,458,750 in April 2024, down 4.4% from last year, and the median price per square foot was $2,022.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $1.4M | $1.5M | +7.9% |
| 2 Bedrooms | $3.1M | $2.8M | -9.7% |
| 3 Bedrooms | $4.2M | $4.8M | +15.8% |
| 4 Bedrooms | $8.6M | $8.5M | -1.7% |
| 5+ Bedrooms | $13.9M | $13.6M | -1.8% |
Summary: TriBeCa housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.9%, 2 bedroom homes decreased by 9.7%, 3 bedroom homes increased by 15.8%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes decreased by 1.8%.
Median Sold Price Compared To Nearby Neighborhoods
| SoHo | $3.4M | $4.4M | +30.3% |
| Hudson Square / West SoHo | $2.4M | $2.6M | +10.3% |
| Lower Manhattan | $1.7M | $1.8M | +6.0% |
| TriBeCa | $3.6M | $3.4M | -4.4% |
Housing Supply in TriBeCa, NY
How many homes are available in TriBeCa, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 203 | 213 | +4.9% |
Summary: The TriBeCa real estate market had 213 homes for sale in April 2024, a 4.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 30 | 32 | +6.7% |
| 2 Bedrooms | 65 | 68 | +4.6% |
| 3 Bedrooms | 63 | 62 | -1.6% |
| 4 Bedrooms | 29 | 33 | +13.8% |
| 5+ Bedrooms | 16 | 18 | +12.5% |
Summary: The TriBeCa housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 6.7%, 2 bedroom homes increased by 4.6%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes increased by 13.8%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 13 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
12 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in TriBeCa, expect to pay close to the asking price. 92.3% of homes here sold near the asking price last month.
Summary: A total of 13 homes were sold or pending in TriBeCa in April 2024, the same as the previous month. Of the 13 sold homes, 8% were sold under asking, 92% were sold at asking, and 0% were sold over asking.
Days on Market for TriBeCa, NY
We’re sorry, we don't have information for this market at the moment
©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services. 
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.