RealtyHop Price Drops Report: November 2020
We specifically focused on neighborhoods with the highest total number of price drops, specifically the highest price drops by median percentage, median dollar value, and by street address.
A Closer Look at NYC’s Neighborhoods
Our interactive map below depicts the neighborhoods we analyzed. All numbers are based on RealtyHop’s proprietary dataset.
Top 5 Neighborhoods With the Highest Number of Price Drops
|Neighborhood||Borough||Number of Price Drops|
|1||Turtle Bay-East Midtown||Manhattan||259|
|2||Upper East Side-Carnegie Hill||Manhattan||224|
|3||Upper West Side||Manhattan||184|
|5||Hudson Yards-Chelsea-Flatiron-Union Square||Manhattan||168|
Top 5 Neighborhoods With the Highest Median Percentage Price Drops
|Neighborhood||Borough||Median % Price Drops|
|2||Van Cortlandt||Bronx||-9.7% (-$62,000)|
|4||Breezy Point-Belle Harbor-Rockaway Park-Broad Channel||Queens||-9.5% (-$45,000)|
|5||Crown Heights South||Brooklyn||-8.5% (-$88,000)|
Top 5 Neighborhoods With the Highest Median Dollar Price Drops
|Neighborhood||Borough||Median $ Price Drops|
|2||SoHo-TriBeCa-Civic Center-Little Italy||Manhattan||-$202,000 (-5.8%)|
|3||Upper East Side-Carnegie Hill||Manhattan||-$102,500 (-6.4%)|
|4||University Heights-Morris Heights||Bronx||-$100,000 (-8.3%)|
Top 5 Addresses (Still on the Market) with the Highest Percentage Price Drop in October
|Address||Current Price||Recent % Price Drops|
|1||465 Park Ave, Manhattan, NY 10022||$1,950,000||-34.9% (-$1,045,000)|
|2||303 E 57th St, Manhattan, NY 10022||$950,000||-34.5% (-$500,000)|
|3||100 W 57th St, Manhattan, NY 10019||$299,000||-33.6% (-$151,000)|
|4||80 E 10th St, Manhattan, NY 10003||$9,995,000||-33.4% (-$5,005,000)|
|5||30 E 31st St, Manhattan, NY 10016||$1,325,000||-32.9% (-$650,000)|
Top 5 Addresses (Still on the Market) with the Highest Dollar Price Drop in October
|Address||Current Price||Recent $ Price Drops|
|1||25 Columbus Cir, Manhattan, NY 10019||$62,500,000||-$12,5000,000 (-16.7%)|
|2||80 E 10th St, Manhattan, NY 10003||$9,995,000||-$5,005,000 (-33.4%)|
|3||625 Park Ave, Manhattan, NY 10065||$27,500,000||-$5,000,000 (-15.4%)|
|4||240 Centre St, Manhattan, NY 10013||$11,500,000||-$3,400,000 (-22.8%)|
|5||522 W 29th St, Manhattan, NY 10001||$11,980,000||-$3,120,000 (-20.7%)|
The interactive table below includes all NYC listings with price drops in the month of October. You can sort by column or do a quick search using the search bar.
The New York City Price Drop report is a monthly report that analyzes proprietary data from RealtyHop to map price drops for listings in New York City. The dataset analyzed is taken from the month prior to publication and includes all five boroughs of New York City, given sufficient data.
Want to know who owns these listings? Check it out for yourself on our site by using our New York Property Records Search.