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WASHINGTON HEIGHTS A monthly analysis of residential sales in Washington Heights, Manhattan June 2016

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

Residential Market Report, June 2016

Residential Market Report, June 2016 Washington Heights, Manhattan

SUMMARY MEDIAN SALE PRICE

NO. OF TRANSACTIONS

MEDIAN PRICE/SQ.FT.

MANHATTAN MEDIAN SALE PRICE

$540K

11

$610

$1.05M

37% YoY

-42% YoY

-2% YoY

5% YoY

NEIGHBORHOOD BOUNDARIES

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RESIDENTIAL STATS Median Sale Price by Month $700K $540K

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

Median Sale Price by Quarter $700K

$595K

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

Number of Transactions Year 2011 2012 2013 2014 2015 2016

Jan 8 4 5 11 14 8

Feb 5 8 7 11 12 15

Mar 15 11 6 16 4 10

Apr 13 9 8 7 17 7

May 4 10 6 6 13 8

Jun 10 5 13 8 19 11

Jul 9 11 12 9 13

Aug 6 15 13 34 10

Sep 4 7 12 32 9

Oct 2 7 16 12 9

Nov 11 9 10 18 2

Dec 4 8 12 16 20

40 30 20

15 8

10

10

8

7

11

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 $900 $800 $700 $600 $500 $400 $300 $200 $100 $

$610

RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $524,406 Coops $539,500 Houses -

Y-o-Y -17% 127% -

Median sale price/sqft $570 $610 -

Y-o-Y -12% 24% -

Transactions 2 9 0

Number of Sales by Building Type

18%

Condos Coops Houses

82%

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LIST OF TRANSACTIONS Address 371 Ft Washington Ave #5I 790 Riverside Dr #1A 779 Riverside Drive #C32 359 Ft Washington Ave #1I 371 Ft Washington Ave #6H 870 W 181 St #45 330-340 Haven Ave #1M 474 W 158 St #2 474 W 158 St #32 779 Riverside Drive #C40

BBL 1-02139-0523 1-02134-0071 1-02134-1241 1-02139-0530 1-02139-0523 1-02177-0170 1-02177-0234 1-02108-0035 1-02108-0035 1-02134-1254

Sale date 9-Jun-16 27-Jun-16 29-Jun-16 9-Jun-16 28-Jun-16 21-Jun-16 27-Jun-16 30-Jun-16 20-Jun-16 3-Jun-16

Sale price $985,000 $965,517 $809,509 $805,000 $749,000 $330,000 $299,000 $295,500 $286,000 $239,304

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

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

Sqft 1,600 1,600 1,049 1,278 650

649