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WASHINGTON HEIGHTS A monthly analysis of residential sales in Washington Heights, Manhattan January 2018

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Residential Market Report, January 2018

Residential Market Report, January 2018 Washington Heights, Manhattan

SUMMARY MEDIAN SALE PRICE

NO. OF TRANSACTIONS

MEDIAN PRICE/SQ.FT.

MANHATTAN MEDIAN SALE PRICE

$560K

25

$694

$1.05M

6% YoY

-14% YoY

9% YoY

-6% YoY

NEIGHBORHOOD BOUNDARIES

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RESIDENTIAL STATS Median Sale Price by Month $700K

$560K

$600K $500K $400K $300K $200K $100K $

Median Sale Price by Quarter $600K

$513K

$500K $400K $300K $200K $100K $

Number of Transactions Year 2013 2014 2015 2016 2017 2018

Jan 19 32 32 19 29 25

Feb 23 22 30 35 24

Mar 25 31 24 27 30

Apr 22 27 36 26 17

May 24 26 39 22 29

Jun 42 33 44 45 37

Jul 40 38 28 32 19

Aug 34 62 32 34 29

Sep 39 53 27 29 25

Oct 35 38 30 24 26

Nov 26 35 22 28 13

Dec 35 33 51 27 24

50 40 30

25

20 10 0 Jan

Feb

Mar

Apr

May

Jun 2016 2017

Jul 2018

Aug

Sep

Oct

Nov

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Dec

Median Sale Price per Square Foot $800 $700 $600 $500 $400 $300 $200 $100 $

$694

RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $675,000 Coops $536,250 Houses -

Y-o-Y 24% 2% -

Median sale price/sqft $720 $675 -

Y-o-Y 16% 2% -

Transactions 2 23 0

Number of Sales by Building Type 8%

Condos Coops Houses

92%

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LIST OF TRANSACTIONS Address 720 Ft Washington Ave #3S 116 Pinehurst Ave #C52 900 W 190 St #7N 4018-4038 Broadway #3F 120 Bennett Ave #5L 880 W 181 St #4E 2360 Amsterdam Ave #3C 790 Riverside Dr #2LX 835 Riverside Dr #5A 330-340 Haven Ave #3H 250 Cabrini Blvd #4G 350 Cabrini Blvd #1H 31-37 Nagle Ave #6K 825 W 179 St #4G 720-728 W 173 St #46 720 Ft Washington Ave #4R 4523 Broadway #6D 930 St Nicholas Ave #4 225-237 Bennett Ave #4L 825 W 179 St #3E 720 Ft Washington Ave #1M 513-515 W 157 St #3D

BBL 1-02180-0614 1-02179-0170 1-02179-0373 1-02126-0001 1-02180-0192 1-02177-0242 1-02132-1010 1-02134-0071 1-02135-1040 1-02177-0234 1-02179-0466 1-02179-0440 1-02171-0012 1-02177-0166 1-02139-0316 1-02180-0614 1-02180-0633 1-02107-0014 1-02180-0522 1-02177-0166 1-02180-0614 1-02116-0045

Sale date 9-Jan-18 31-Jan-18 31-Jan-18 4-Jan-18 22-Jan-18 4-Jan-18 11-Jan-18 10-Jan-18 5-Jan-18 19-Jan-18 29-Jan-18 2-Jan-18 5-Jan-18 23-Jan-18 10-Jan-18 17-Jan-18 29-Jan-18 22-Jan-18 30-Jan-18 23-Jan-18 29-Jan-18 29-Jan-18

Sale price $985,000 $935,000 $835,000 $820,000 $755,000 $735,000 $685,000 $675,000 $665,000 $630,000 $565,000 $555,000 $517,500 $499,395 $485,000 $470,000 $435,000 $420,000 $385,000 $379,000 $340,000 $285,000

Property type Coop Coop Coop Coop Coop Coop Condo Coop Condo Coop Coop Coop Coop Coop Coop Coop Coop Coop Coop Coop Coop Coop

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Sqft

1,049 987 1,000 891 700

650 650