Is West Village, 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, West Village has remained a Buyer's Market.
Housing Prices in West Village, NY
How much do homes in West Village, NY cost?
Median Sold Price
$1,950,000
$2,376/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in West Village was $1,950,000 in April 2024, down 2.3% from last year, and the median price per square foot was $2,376.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $1.1M | $1.1M | +7.7% |
2 Bedrooms | $2.5M | $2.3M | -9.2% |
3 Bedrooms | $7.1M | $7.2M | +1.4% |
4 Bedrooms | $8.3M | $9.1M | +8.8% |
5+ Bedrooms | $10.1M | $8.6M | -14.3% |
Summary: West Village housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.7%, 2 bedroom homes decreased by 9.2%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes decreased by 14.3%.
Median Sold Price Compared To Nearby Neighborhoods
Hudson Square / West SoHo | $2.4M | $2.6M | +10.3% |
Chelsea | $1.9M | $2.0M | +5.8% |
Greenwich Village | $1.8M | $1.8M | +1.7% |
West Village | $1.9M | $1.9M | -2.3% |
Housing Supply in West Village, NY
How many homes are available in West Village, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
201 | 197 | -2.0% |
Summary: The West Village real estate market had 197 homes for sale in April 2024, a 2.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 80 | 75 | -6.3% |
2 Bedrooms | 46 | 50 | +8.7% |
3 Bedrooms | 31 | 27 | -12.9% |
4 Bedrooms | 23 | 25 | +8.7% |
5+ Bedrooms | 21 | 20 | -4.8% |
Summary: The West Village housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 6.3%, 2 bedroom homes increased by 8.7%, 3 bedroom homes decreased by 12.9%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes decreased by 4.8%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 10 | -16.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 10 homes were sold or pending in West Village in April 2024, down by 16.7% month-over-month. Of the 10 sold homes, 20% were sold under asking, 70% were sold at asking, and 10% were sold over asking.
Days on Market for West Village, NY
We’re sorry, we don't have information for this market at the moment