Dumbo is 8th Priciest Neighborhood of NYC in Q2 2012
July 20th, 2012
Our friends over at PropertyShark.com sent us their latest real estate reports showing the priciest NYC neighborhoods in Q2 2012. Dumbo is #8.
Top 10 NYC Neighborhoods by Median Sale Price – Q2 2012:
Also shown is the priciest sale that happened in each of these neighborhoods (the 12th sale was in Dumbo, 1 Main Street #11J (2,005sf, 2bed, 2bath) for $2,2150,000)
Largest residential sale in Q2 2012 for each top NYC neighborhoods by median sale price:
Note: Date Range: closed residential sales starting April 1st 2012 through June 30th 2012
July 21st, 2012 at 3:28 pm
Median sale price doesn’t tell you much because you have no idea what type of properties were on the market in Q2. Example, West Village is undeniably more expensive than Flatiron but inventory turnover is probably lower, especially with the pricer/nice apartments.
July 23rd, 2012 at 10:08 am
RE stats are slippery. Be interesting to see something that is calculated by foot rather than unit.