Dumbo is 8th Priciest Neighborhood of NYC in Q2 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

4 Comment

  • 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.

  • 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.

  • RE stats are slippery. Be interesting to see something that is calculated by foot rather than unit.

  • RE stats are slippery. Be interesting to see something that is calculated by foot rather than unit.