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MORRIS PARK A quarterly analysis of residential sales in Morris Park, Bronx 4th Quarter 2017

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

Residential Market Report, 4th Quarter 2017

Residential Market Report, 4th Quarter 2017 Morris Park, Bronx

SUMMARY MEDIAN SALE PRICE

NO. OF TRANSACTIONS

MEDIAN PRICE/SQ.FT.

BRONX MEDIAN SALE PRICE

$501K

14

$289

$250K

-4% YoY

-13% YoY

-11% YoY

-14% YoY

NEIGHBORHOOD BOUNDARIES

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

RESIDENTIAL STATS Median Sale Price by Quarter $600K

$501K

$500K

$400K $300K $200K $100K $

Median Sale Price by Year $500K $450K $400K $350K $300K $250K $200K $150K $100K $50K $

$465K

Number of Transactions Quarter Q1 Q2 Q3 Q4

2012 14 13 7 16

18 16 14 12 10 8 6 4 2 0

2013 12 15 12 10

2014 7 11 14 14

2015 9 6 9 13

2016 7 11 16 16

2017 13 12 16 14

16

14

13

Q1

12

Q2

2015

Q3

2016

Q4

2017

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

Median Sale Price per Square Foot $350

$300

$289

$250 $200

$150 $100 $50

$

RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos Coops Houses $500,600

Y-o-Y -4%

Median sale price/sqft $289

Y-o-Y -11%

Transactions 0 0 14

Number of Sales by Building Type

Condos Coops Houses

100%

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

LIST OF TRANSACTIONS Address 1191 Lydig Ave 1857 Paulding Ave 1595 Hone Ave 1176 Van Nest Ave 1617 Paulding Ave 2015 Colden Ave 1852 Hone Ave 1921 Yates Ave 1957 Bogart Ave 1667 Fowler Ave 1546 Hone Ave 1054 Rhinelander Ave

BBL 2-04312-0022 2-04127-0011 2-04064-0008 2-04112-0005 2-04098-0028 2-04300-0011 2-04129-0059 2-04274-0033 2-04265-0039 2-04091-0009 2-04065-0029 2-04129-0003

Sale date 23-Oct-17 20-Dec-17 22-Dec-17 21-Dec-17 10-Oct-17 30-Oct-17 22-Dec-17 7-Dec-17 5-Dec-17 21-Dec-17 22-Nov-17 11-Oct-17

Sale price $900,000 $595,000 $550,000 $545,000 $535,000 $505,000 $496,200 $495,000 $435,000 $402,000 $320,000 $75,000

Property type House House House House House House House House House House House House

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

Sqft 2,496 2,100 2,128 1,470 1,980 1,401 1,462 1,683 1,831 1,272 1,534 1,408