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MORRIS PARK A monthly analysis of residential sales in Morris Park, Bronx September 2016

P: 718-715-1758 www.PropertyShark.com [email protected]

Residential Market Report, September 2016

Residential Market Report, September 2016 Morris Park, Bronx

SUMMARY MEDIAN SALE PRICE

NO. OF TRANSACTIONS

MEDIAN PRICE/SQ.FT.

BRONX MEDIAN SALE PRICE

$449K

10

$292

$300K

7% YoY

233% YoY

22% YoY

6% YoY

NEIGHBORHOOD BOUNDARIES

P: 718-715-1758 www.PropertyShark.com [email protected]

RESIDENTIAL STATS Median Sale Price by Month $600K

$449K

$500K

$400K $300K $200K

$100K $

Median Sale Price by Quarter $600K

$455K

$500K $400K $300K

$200K $100K $

Number of Transactions Year 2011 2012 2013 2014 2015 2016

Jan 3 8 3 4 4 2

Feb 1 4 5 1 4 3

Mar 3 2 4 2 1 2

Apr 3 6 7 3 2 1

May 5 3 4 5 2 5

Jun 8 4 4 3 1 5

Jul 2 3 3 4 3 2

Aug 3 2 5 4 3 5

12

Sep 0 2 4 6 3 10

Oct 2 3 4 5 4

Nov 2 2 3 5 5

Dec 2 11 3 4 4

10

10 8 5

6 4

3

2

2

2

5

5 2

1

0 Jan

Feb

Mar

Apr

May

Jun 2014 2015

Jul 2016

Aug

Sep

Oct

Nov

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Dec

Median Sale Price per Square Foot $350 $300

$292

$250 $200 $150 $100 $50 $

RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $272,000 Coops Houses $483,000

Y-o-Y 15%

Median sale price/sqft $268 $298

Y-o-Y 25%

Transactions 1 0 9

Number of Sales by Building Type 10%

Condos Coops Houses

90%

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LIST OF TRANSACTIONS Address 2137 Tomlinson Ave 1197 Van Nest Ave 976 Van Nest Ave 1939 Tomlinson Ave 2029 Tomlinson Ave 1629 Radcliff Ave 1667 Bogart Ave 1144 Lydig Avenue #2F

BBL 2-04331-0015 2-04116-0023 2-04097-0002 2-04272-0019 2-04305-0012 2-04093-0123 2-04092-0010 2-04307-1039

Sale date 29-Sep-16 16-Sep-16 29-Sep-16 28-Sep-16 6-Sep-16 9-Sep-16 23-Sep-16 23-Sep-16

Sale price $565,000 $525,000 $515,000 $483,000 $415,000 $410,000 $397,000 $272,000

Property type House House House House House House House Condo

P: 718-715-1758 www.PropertyShark.com [email protected]

Sqft 1,496 1,672 1,666 1,821 1,458 1,881 1,330 1,015