{"id":6358,"date":"2021-03-02T11:27:45","date_gmt":"2021-03-02T16:27:45","guid":{"rendered":"https:\/\/www.realtyhop.com\/blog\/?p=6358"},"modified":"2022-01-25T13:57:38","modified_gmt":"2022-01-25T18:57:38","slug":"realtyhop-price-drops-report-march-2021","status":"publish","type":"post","link":"https:\/\/www.realtyhop.com\/blog\/realtyhop-price-drops-report-march-2021\/","title":{"rendered":"RealtyHop Price Drops Report: March 2021"},"content":{"rendered":"<div style=\"max-width: 900px; width: 100%; height: auto; margin-left: auto; margin-right: auto;\"><img decoding=\"async\" src=\"https:\/\/www.realtyhop.com\/blog\/wp-content\/uploads\/2021\/03\/nyc-price-drops-featured-image-march-2021.jpg\" alt=\"RealtyHop-Price-Drops-Mar-2021\" \/><\/div>\n<p>The real estate market has its ups and downs. In March&#8217;s monthly price drop report, RealtyHop analyzed available data for February across boroughs and neighborhoods in New York City to provide a useful resource for those looking to invest in real estate.<\/p>\n<p>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.<\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n<h2><strong>A Closer Look at NYC&#8217;s Neighborhoods<\/strong><\/h2>\n<p>Our interactive map below depicts the neighborhoods we analyzed. All numbers are based on RealtyHop&#8217;s proprietary dataset.<\/p>\n<p><button class=\"button button1\" button onclick = \"embedPopup()\" button = \"https:\/\/www.realtyhop.com\/blog\/wp-content\/uploads\/2021\/03\/2021_02_28_price_drops_map.html\" style=\"display: block; margin-left: auto; margin-right: 0px;\">Get the code to embed this map!<\/button><\/p>\n<div style=\"position: relative; overflow: hidden; width: 100%; max-width: 1000px; height: 680px; margin-left: auto; margin-right: auto; margin-bottom: 15px; border: 1px transparent #fffff; border-radius: 15px;\">\n<div style=\"padding-bottom: 68%; height: 0px; position: relative; width: 100%;\">\n<div style=\"position: absolute; height: 100%; width: 100%;\" align=\"center\"><iframe loading=\"lazy\" src=\"https:\/\/www.realtyhop.com\/blog\/wp-content\/uploads\/2021\/03\/2021_02_28_price_drops_map.html\" width=\"100%\" height=\"100%\" frameborder=\"0\" scrolling=\"no\" allowfullscreen=\"allowfullscreen\"><br \/>\n<\/iframe><\/div>\n<\/div>\n<\/div>\n<p><script>function embedPopup() {alert('<iframe loading=\"lazy\" src=\"https:\/\/www.realtyhop.com\/blog\/wp-content\/uploads\/2021\/03\/2021_02_28_price_drops_map.html\" width=\"100%\" height=\"600px\" frameborder=\"0\" scrolling=\"no\" allowfullscreen=\"allowfullscreen\"><\/iframe>');}<\/script><\/p>\n<style>\n.button1 {box-shadow: 0 0 0 0 rgba(0,0,0,0.2), 0 0 0 0 rgba(0,0,0,0.19);}.button {   background-color: #51527c; border: none; color: #ffffff; padding: 5px 15px; text-align: center; text-decoration: none; display: inline-block; font-size: 15px; font-weight: bold; margin:4px 2px; cursor: pointer; -webkit-transition-duration: 0.4s; transition-duration: 0.4s;}<\/style>\n<p>&nbsp;<\/p>\n<h2><strong>Top 5 Neighborhoods With the Highest Number of Price Drops<\/strong><\/h2>\n<div style=\"width: 100%; max-width: 1068px; margin: 25px auto 25px auto; text-align: center;\">\n<table style=\"text-align: center; border-spacing: 0px; width: 100%;\">\n<tbody>\n<tr style=\"height: 40px; vertical-align: middle;\">\n<td style=\"font-weight: normal; width: 5%; border: none; background-color: #51527c; border-left: 1px solid #51527c;\"><\/td>\n<td style=\"font-weight: bold; width: 45%; border: none; background-color: #51527c; color: #ffffff;\">Neighborhood<\/td>\n<td style=\"font-weight: bold; width: 25%; border: none; background-color: #51527c; color: #ffffff;\">Borough<\/td>\n<td style=\"font-weight: bold; width: 25%; border: none; background-color: #51527c; color: #ffffff; border-right: 1px solid #51527c;\">Number of Price Drops<\/td>\n<\/tr>\n<tr style=\"height: 40px; vertical-align: middle;\">\n<td style=\"font-weight: bold; padding: auto; width: 5%; border-left: 1px solid #51527c;\">1<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 45%;\">Turtle Bay-East Midtown<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 25%;\">Manhattan<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 25%; border-right: 1px solid #51527c;\">143<\/td>\n<\/tr>\n<tr style=\"height: 40px; vertical-align: middle;\">\n<td style=\"font-weight: bold; padding: auto; width: 5%; border-left: 1px solid #51527c;\">2<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 45%;\">Upper East Side-Carnegie Hill<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 25%;\">Manhattan<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 25%; border-right: 1px solid #51527c;\">134<\/td>\n<\/tr>\n<tr style=\"height: 40px; vertical-align: middle;\">\n<td style=\"font-weight: bold; padding: auto; width: 5%; border-left: 1px solid #51527c;\">3<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 45%;\">West Village<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 25%;\">Manhattan<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 25%; border-right: 1px solid #51527c;\">103<\/td>\n<\/tr>\n<tr style=\"height: 40px; vertical-align: middle;\">\n<td style=\"font-weight: bold; padding: auto; width: 5%; border-left: 1px solid #51527c;\">4<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 45%;\">Hudson Yards-Chelsea-Flatiron-Union Square<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 25%;\">Manhattan<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 25%; border-right: 1px solid #51527c;\">98<\/td>\n<\/tr>\n<tr style=\"height: 40px; vertical-align: middle;\">\n<td style=\"font-weight: bold; padding: auto; width: 5%; border-bottom: 1px solid #51527c; border-left: 1px solid #51527c;\">5<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 45%; border-bottom: 1px solid #51527c;\">Lincoln Square<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 25%; border-bottom: 1px solid #51527c;\">Manhattan<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 25%; border-bottom: 1px solid #51527c; border-right: 1px solid #51527c;\">98<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>For the month of February, the neighborhoods that saw the most price drops were all located in the borough of Manhattan. The neighborhood with the most price drops for the last month was, like last month, Turtle Bay-East Midtown in Manhattan. The neighborhood saw a total of 143 price drops, a slight drop compared to last month (177 price drops). The neighborhoods on the list had a total number of price drops ranging from 98 to 143 price drops.<\/p>\n<h2><strong>Top 5 Neighborhoods With the Highest Median Percentage Price Drops<\/strong><\/h2>\n<div style=\"width: 100%; max-width: 1068px; margin: 25px auto 25px auto; text-align: center;\">\n<table style=\"text-align: center; border-spacing: 0px; width: 100%;\">\n<tbody>\n<tr style=\"height: 40px; vertical-align: middle;\">\n<td style=\"font-weight: normal; width: 5%; border: none; background-color: #51527c; border-left: 1px solid #51527c;\"><\/td>\n<td style=\"font-weight: bold; width: 45%; border: none; background-color: #51527c; color: #ffffff;\">Neighborhood<\/td>\n<td style=\"font-weight: bold; width: 25%; border: none; background-color: #51527c; color: #ffffff;\">Borough<\/td>\n<td style=\"font-weight: bold; width: 25%; border: none; background-color: #51527c; color: #ffffff; border-right: 1px solid #51527c;\">Median % Price Drops<\/td>\n<\/tr>\n<tr style=\"height: 40px; vertical-align: middle;\">\n<td style=\"font-weight: bold; padding: auto; width: 5%; border-left: 1px solid #51527c;\">1<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 45%;\">Westchester-Unionport<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 25%;\">Bronx<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 25%; border-right: 1px solid #51527c;\">-25.0% (-$50,000)<\/td>\n<\/tr>\n<tr style=\"height: 40px; vertical-align: middle;\">\n<td style=\"font-weight: bold; padding: auto; width: 5%; border-left: 1px solid #51527c;\">2<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 45%;\">Hunts Point<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 25%;\">Bronx<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 25%; border-right: 1px solid #51527c;\">-22.4% (-$130,000)<\/td>\n<\/tr>\n<tr style=\"height: 40px; vertical-align: middle;\">\n<td style=\"font-weight: bold; padding: auto; width: 5%; border-left: 1px solid #51527c;\">3<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 45%;\">Mount Hope<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 25%;\">Bronx<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 25%; border-right: 1px solid #51527c;\">-18.4% (-$450,000)<\/td>\n<\/tr>\n<tr style=\"height: 40px; vertical-align: middle;\">\n<td style=\"font-weight: bold; padding: auto; width: 5%; border-left: 1px solid #51527c;\">4<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 45%;\">Claremont-Bathgate<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 25%;\">Bronx<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 25%; border-right: 1px solid #51527c;\">-16.5% (-$99,000)<\/td>\n<\/tr>\n<tr style=\"height: 40px15; vertical-align: middle;\">\n<td style=\"font-weight: bold; padding: auto; width: 5%; border-bottom: 1px solid #51527c; border-left: 1px solid #51527c;\">5<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 45%; border-bottom: 1px solid #51527c;\">Brownsville<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 25%; border-bottom: 1px solid #51527c;\">Brooklyn<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 25%; border-bottom: 1px solid #51527c; border-right: 1px solid #51527c;\">-14.3% (-$112,000)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>While the Bronx remained the borough having the neighborhood with the highest median percentage price drop this month, the neighborhood differed this month. While we saw Fordham South at the top of the list last month, this month we have Westchester-Unionport at the top. The neighborhood saw a median percentage price drop of 25.0%, which equals a drop in price of $50,000. This month, the boroughs represented on this list is mainly Bronx, securing four spots out of five, and Brooklyn, securing fifth place on the list. The highest median price drops on the list in terms of percentage ranged from 14.3% to 25.0% this time around.<\/p>\n<h2><strong>Top 5 Neighborhoods With the Highest Median Dollar Price Drops<\/strong><\/h2>\n<div style=\"width: 100%; max-width: 1068px; margin: 25px auto 25px auto; text-align: center;\">\n<table style=\"text-align: center; border-spacing: 0px; width: 100%;\">\n<tbody>\n<tr style=\"height: 40px; vertical-align: middle;\">\n<td style=\"font-weight: normal; width: 5%; border: none; background-color: #51527c; border-left: 1px solid #51527c;\"><\/td>\n<td style=\"font-weight: bold; width: 45%; border: none; background-color: #51527c; color: #ffffff;\">Neighborhood<\/td>\n<td style=\"font-weight: bold; width: 25%; border: none; background-color: #51527c; color: #ffffff;\">Borough<\/td>\n<td style=\"font-weight: bold; width: 25%; border: none; background-color: #51527c; color: #ffffff; border-right: 1px solid #51527c;\">Median $ Price Drops<\/td>\n<\/tr>\n<tr style=\"height: 40px; vertical-align: middle;\">\n<td style=\"font-weight: bold; padding: auto; width: 5%; border-left: 1px solid #51527c;\">1<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 45%;\">Mount Hope<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 25%;\">Bronx<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 25%; border-right: 1px solid #51527c;\">-$450,000 (-18.4%)<\/td>\n<\/tr>\n<tr style=\"height: 40px; vertical-align: middle;\">\n<td style=\"font-weight: bold; padding: auto; width: 5%; border-left: 1px solid #51527c;\">2<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 45%;\">SoHo-TriBeCa-Civic Center-Little Italy<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 25%;\">Manhattan<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 25%; border-right: 1px solid #51527c;\">-$210,000 (-5.7%)<\/td>\n<\/tr>\n<tr style=\"height: 40px; vertical-align: middle;\">\n<td style=\"font-weight: bold; padding: auto; width: 5%; border-left: 1px solid #51527c;\">3<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 45%;\">Norwood<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 25%;\">Bronx<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 25%; border-right: 1px solid #51527c;\">-$133,000 (-13.1%)<\/td>\n<\/tr>\n<tr style=\"height: 40px; vertical-align: middle;\">\n<td style=\"font-weight: bold; padding: auto; width: 5%; border-left: 1px solid #51527c;\">4<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 45%;\">Hunts Point<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 25%;\">Bronx<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 25%; border-right: 1px solid #51527c;\">-$130,000 (-22.4%)<\/td>\n<\/tr>\n<tr style=\"height: 40px; vertical-align: middle;\">\n<td style=\"font-weight: bold; padding: auto; width: 5%; border-bottom: 1px solid #51527c; border-left: 1px solid #51527c;\">5<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 45%; border-bottom: 1px solid #51527c;\">Borough Park<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 25%; border-bottom: 1px solid #51527c;\">Brooklyn<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 25%; border-bottom: 1px solid #51527c; border-right: 1px solid #51527c;\">-$126,000 (-6.2%)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>SoHo-TriBeCa-Civic Center was listed at the top one neighborhood with the highest median dollar price drop last month. This month, the neighborhood got bumped one spot down to second as Mount Hope, located in the Bronx, took the top spot as the neighborhood with the highest median dollar price drop. The neighborhood had a median dollar price drop of $450,000, which equals an 18.4% drop in price. Other neighborhoods represented on the top five list include Norwood (Bronx), Hunts Point (Bronx), and Borough Park (Brooklyn).<\/p>\n<h2><strong>Top 5 Addresses (Still on the Market) with the Highest Percentage Price Drop in February<\/strong><\/h2>\n<div style=\"width: 100%; max-width: 1068px; margin: 25px auto 25px auto; text-align: center;\">\n<table style=\"text-align: center; border-spacing: 0px; width: 100%;\">\n<tbody>\n<tr style=\"height: 40px; vertical-align: middle;\">\n<td style=\"font-weight: normal; width: 5%; border: none; background-color: #51527c; border-left: 1px solid #51527c;\"><\/td>\n<td style=\"font-weight: bold; width: 45%; border: none; background-color: #51527c; color: #ffffff;\">Address<\/td>\n<td style=\"font-weight: bold; width: 25%; border: none; background-color: #51527c; color: #ffffff;\">Current Price<\/td>\n<td style=\"font-weight: bold; width: 25%; border: none; background-color: #51527c; color: #ffffff; border-right: 1px solid #51527c;\">Recent % Price Drops<\/td>\n<\/tr>\n<tr style=\"height: 40px; vertical-align: middle;\">\n<td style=\"font-weight: bold; padding: auto; width: 5%; border-left: 1px solid #51527c;\">1<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 45%;\"><a href=\"https:\/\/www.realtyhop.com\/building\/298-e-2nd-st-new-york-ny-10009\/3\/9216295\">298 E 2nd St, Manhattan, NY 10009<\/a><\/td>\n<td style=\"font-weight: normal; padding: auto; width: 25%;\">$1,750,000<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 25%; border-right: 1px solid #51527c;\">-37.5% (-$1,050,000)<\/td>\n<\/tr>\n<tr style=\"height: 40px; vertical-align: middle;\">\n<td style=\"font-weight: bold; padding: auto; width: 5%; border-left: 1px solid #51527c;\">2<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 45%;\"><a href=\"https:\/\/www.realtyhop.com\/building\/2063-turnbull-ave-bronx-ny-10473\/house\/12546289\">2063 Turnbull Ave, Bronx, NY 10473<\/a><\/td>\n<td style=\"font-weight: normal; padding: auto; width: 25%;\">$185,000<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 25%; border-right: 1px solid #51527c;\">-32.7% (-$90,000)<\/td>\n<\/tr>\n<tr style=\"height: 40px; vertical-align: middle;\">\n<td style=\"font-weight: bold; padding: auto; width: 5%; border-left: 1px solid #51527c;\">3<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 45%;\"><a href=\"https:\/\/www.realtyhop.com\/building\/320-e-35th-st\/6h\/7654391\">320 E 35th St, Manhattan, NY 10016<\/a><\/td>\n<td style=\"font-weight: normal; padding: auto; width: 25%;\">$250,000<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 25%; border-right: 1px solid #51527c;\">-28.6% (-$100,000)<\/td>\n<\/tr>\n<tr style=\"height: 40px; vertical-align: middle;\">\n<td style=\"font-weight: bold; padding: auto; width: 5%; border-left: 1px solid #51527c;\">4<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 45%;\"><a href=\"https:\/\/www.realtyhop.com\/building\/150-w-56th-st-new-york-ny-10019\/3108\/9318961\">150 W 56th St, Manhattan, NY 10019<\/a><\/td>\n<td style=\"font-weight: normal; padding: auto; width: 25%;\">$1,988,000<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 25%; border-right: 1px solid #51527c;\">-25.8% (-$690,000)<\/td>\n<\/tr>\n<tr style=\"height: 40px; vertical-align: middle;\">\n<td style=\"font-weight: bold; padding: auto; width: 5%; border-bottom: 1px solid #51527c; border-left: 1px solid #51527c;\">5<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 45%; border-bottom: 1px solid #51527c;\"><a href=\"https:\/\/www.realtyhop.com\/building\/521-w-47th-st-new-york-city-ny-10036\/4c\/9726750\">521 W 47th St, Manhattan, NY 10036<\/a><\/td>\n<td style=\"font-weight: normal; padding: auto; width: 25%; border-bottom: 1px solid #51527c;\">$599,000<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 25%; border-bottom: 1px solid #51527c; border-right: 1px solid #51527c;\">-25.0% (-$200,000)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>The table above highlights the properties with the highest percentage price drop in the past 30 days that are still on the market. The address with the highest percentage price drop was located in East Village in Manhattan and it had a price drop of 37.5%. That equals a drop in price of $1,050,000. All of the addresses on this list were located in Manhattan this time around and saw price cuts of 25% and up.<\/p>\n<h2><strong>Top 5 Addresses (Still on the Market) with the Highest Dollar Price Drop in February<\/strong><\/h2>\n<div style=\"width: 100%; max-width: 1068px; margin: 25px auto 25px auto; text-align: center;\">\n<table style=\"text-align: center; border-spacing: 0px; width: 100%;\">\n<tbody>\n<tr style=\"height: 40px; vertical-align: middle;\">\n<td style=\"font-weight: normal; width: 5%; border: none; background-color: #51527c; border-left: 1px solid #51527c;\"><\/td>\n<td style=\"font-weight: bold; width: 45%; border: none; background-color: #51527c; color: #ffffff;\">Address<\/td>\n<td style=\"font-weight: bold; width: 25%; border: none; background-color: #51527c; color: #ffffff;\">Current Price<\/td>\n<td style=\"font-weight: bold; width: 25%; border: none; background-color: #51527c; color: #ffffff; border-right: 1px solid #51527c;\">Recent $ Price Drops<\/td>\n<\/tr>\n<tr style=\"height: 40px; vertical-align: middle;\">\n<td style=\"font-weight: bold; padding: auto; width: 5%; border-left: 1px solid #51527c;\">1<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 45%;\"><a href=\"https:\/\/www.realtyhop.com\/building\/157-w-57th-st-10019\/87\/8664974\">157 W 57th St, Manhattan, NY 10019<\/a><\/td>\n<td style=\"font-weight: normal; padding: auto; width: 25%;\">$44,000,000<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 25%; border-right: 1px solid #51527c;\">-$5,800,000 (-11.6%)<\/td>\n<\/tr>\n<tr style=\"height: 40px; vertical-align: middle;\">\n<td style=\"font-weight: bold; padding: auto; width: 5%; border-left: 1px solid #51527c;\">2<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 45%;\"><a href=\"https:\/\/www.realtyhop.com\/building\/157-w-57th-st-new-york-ny-10019\/86\/11141186\">157 W 57th St, Manhattan, NY 10019<\/a><\/td>\n<td style=\"font-weight: normal; padding: auto; width: 25%;\">$39,800,000<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 25%; border-right: 1px solid #51527c;\">-$5,200,000 (-11.6%)<\/td>\n<\/tr>\n<tr style=\"height: 40px; vertical-align: middle;\">\n<td style=\"font-weight: bold; padding: auto; width: 5%; border-left: 1px solid #51527c;\">3<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 45%;\"><a href=\"https:\/\/www.realtyhop.com\/building\/151-e-58th-st-new-york-ny-10022\/ph5152w\/8440107\">151 E 58th St, Manhattan, NY 10022<\/a><\/td>\n<td style=\"font-weight: normal; padding: auto; width: 25%;\">$29,500,000<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 25%; border-right: 1px solid #51527c;\">-$4,500,000 (-13.2%)<\/td>\n<\/tr>\n<tr style=\"height: 40px; vertical-align: middle;\">\n<td style=\"font-weight: bold; padding: auto; width: 5%; border-left: 1px solid #51527c;\">4<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 45%;\"><a href=\"https:\/\/www.realtyhop.com\/building\/522-w-29th-st-new-york-ny-10001\/ph10b\/5862031\">522 W 29th St, Manhattan, NY 10001<\/a><\/td>\n<td style=\"font-weight: normal; padding: auto; width: 25%;\">$11,980,000<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 25%; border-right: 1px solid #51527c;\">-$3,120,000 (-20.7%)<\/td>\n<\/tr>\n<tr style=\"height: 40px; vertical-align: middle;\">\n<td style=\"font-weight: bold; padding: auto; width: 5%; border-bottom: 1px solid #51527c; border-left: 1px solid #51527c;\">5<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 45%; border-bottom: 1px solid #51527c;\"><a href=\"https:\/\/www.realtyhop.com\/building\/210-central-park-s-10019\/18ab\/12457542\">210 Central Park S, Manhattan, NY 10019<\/a><\/td>\n<td style=\"font-weight: normal; padding: auto; width: 25%; border-bottom: 1px solid #51527c;\">$9,990,000<\/td>\n<td style=\"font-weight: normal; padding: auto; width: 25%; border-bottom: 1px solid #51527c; border-right: 1px solid #51527c;\">-$3,010,000 (-23.2%)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>Again, for the list of neighborhoods that have the highest dollar price drops in February, the borough of Manhattan secured all top five spots on the list. The top address with the highest dollar price drop, that&#8217;s still on the market, was located in the Theater District. It had a price drop of $5.8M, which equals a price drop of 11.6%. The top addresses with the highest price drops in absolute dollar value ranged in drops between 3M to 5.8M in February.<\/p>\n<h2><strong>Full Dataset<\/strong><\/h2>\n<p>The interactive table below includes all NYC listings with price drops in the month of February. You can sort by column or do a quick search using the search bar.<\/p>\n<div style=\"max-width: 1068px; width: 100%; height: auto;\"><iframe loading=\"lazy\" style=\"sroll: hidden;\" src=\"https:\/\/www.realtyhop.com\/blog\/wp-content\/uploads\/2021\/03\/nyc-price-drops-full-data-march-2021.html\" width=\"100%\" height=\"760\" frameborder=\"0\"><\/iframe><\/div>\n<h2><strong>Methodology<\/strong><\/h2>\n<p>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.<\/p>\n<p>Want to know who owns these listings? Check it out for yourself on our site by using our <a href=\"https:\/\/www.realtyhop.com\/property-records\/search\">New York Property Records Search<\/a>.<\/p>\n<style>\n.button1 {box-shadow: 0 0 0 0 rgba(0,0,0,0.2), 0 0 0 0 rgba(0,0,0,0.19);}.button {   background-color: #51527c; border: none; color: #ffffff; padding: 5px 15px; text-align: center; text-decoration: none; display: inline-block; font-size: 15px; font-weight: bold; margin:4px 2px; cursor: pointer; -webkit-transition-duration: 0.4s; transition-duration: 0.4s;}<\/style>\n","protected":false},"excerpt":{"rendered":"<p>The real estate market has its ups and downs. In March&#8217;s monthly price drop report, RealtyHop analyzed available data for February across boroughs and neighborhoods in New York City to provide a useful resource for those looking to invest in real estate. We specifically focused on neighborhoods with the highest total number of price drops, [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":6374,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[3],"tags":[],"class_list":["post-6358","post","type-post","status-publish","format-standard","has-post-thumbnail","category-market-trends-and-research"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>RealtyHop Price Drops Report: March 2021 - RealtyHop Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.realtyhop.com\/blog\/realtyhop-price-drops-report-march-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RealtyHop Price Drops Report: March 2021 - RealtyHop Blog\" \/>\n<meta property=\"og:description\" content=\"The real estate market has its ups and downs. In March&#8217;s monthly price drop report, RealtyHop analyzed available data for February across boroughs and neighborhoods in New York City to provide a useful resource for those looking to invest in real estate. We specifically focused on neighborhoods with the highest total number of price drops, [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.realtyhop.com\/blog\/realtyhop-price-drops-report-march-2021\/\" \/>\n<meta property=\"og:site_name\" content=\"RealtyHop Blog\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-02T16:27:45+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-01-25T18:57:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.realtyhop.com\/blog\/wp-content\/uploads\/2021\/03\/nyc-price-drops-featured-image-march-2021.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2344\" \/>\n\t<meta property=\"og:image:height\" content=\"1570\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Shane Lee\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shane Lee\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.realtyhop.com\\\/blog\\\/realtyhop-price-drops-report-march-2021\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.realtyhop.com\\\/blog\\\/realtyhop-price-drops-report-march-2021\\\/\"},\"author\":{\"name\":\"Shane Lee\",\"@id\":\"https:\\\/\\\/www.realtyhop.com\\\/blog\\\/#\\\/schema\\\/person\\\/8cce324bd04987aa7dbe03a4a2a3eeee\"},\"headline\":\"RealtyHop Price Drops Report: March 2021\",\"datePublished\":\"2021-03-02T16:27:45+00:00\",\"dateModified\":\"2022-01-25T18:57:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.realtyhop.com\\\/blog\\\/realtyhop-price-drops-report-march-2021\\\/\"},\"wordCount\":845,\"image\":{\"@id\":\"https:\\\/\\\/www.realtyhop.com\\\/blog\\\/realtyhop-price-drops-report-march-2021\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.realtyhop.com\\\/blog\\\/wp-content\\\/uploads\\\/2021\\\/03\\\/nyc-price-drops-featured-image-march-2021.jpg\",\"articleSection\":[\"Market Trends &amp; Research\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.realtyhop.com\\\/blog\\\/realtyhop-price-drops-report-march-2021\\\/\",\"url\":\"https:\\\/\\\/www.realtyhop.com\\\/blog\\\/realtyhop-price-drops-report-march-2021\\\/\",\"name\":\"RealtyHop Price Drops Report: March 2021 - RealtyHop Blog\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.realtyhop.com\\\/blog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.realtyhop.com\\\/blog\\\/realtyhop-price-drops-report-march-2021\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.realtyhop.com\\\/blog\\\/realtyhop-price-drops-report-march-2021\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.realtyhop.com\\\/blog\\\/wp-content\\\/uploads\\\/2021\\\/03\\\/nyc-price-drops-featured-image-march-2021.jpg\",\"datePublished\":\"2021-03-02T16:27:45+00:00\",\"dateModified\":\"2022-01-25T18:57:38+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.realtyhop.com\\\/blog\\\/#\\\/schema\\\/person\\\/8cce324bd04987aa7dbe03a4a2a3eeee\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.realtyhop.com\\\/blog\\\/realtyhop-price-drops-report-march-2021\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.realtyhop.com\\\/blog\\\/realtyhop-price-drops-report-march-2021\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.realtyhop.com\\\/blog\\\/realtyhop-price-drops-report-march-2021\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.realtyhop.com\\\/blog\\\/wp-content\\\/uploads\\\/2021\\\/03\\\/nyc-price-drops-featured-image-march-2021.jpg\",\"contentUrl\":\"https:\\\/\\\/www.realtyhop.com\\\/blog\\\/wp-content\\\/uploads\\\/2021\\\/03\\\/nyc-price-drops-featured-image-march-2021.jpg\",\"width\":2344,\"height\":1570},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.realtyhop.com\\\/blog\\\/realtyhop-price-drops-report-march-2021\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.realtyhop.com\\\/blog\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"RealtyHop Price Drops Report: March 2021\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.realtyhop.com\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/www.realtyhop.com\\\/blog\\\/\",\"name\":\"RealtyHop Blog\",\"description\":\"RealtyHop\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.realtyhop.com\\\/blog\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.realtyhop.com\\\/blog\\\/#\\\/schema\\\/person\\\/8cce324bd04987aa7dbe03a4a2a3eeee\",\"name\":\"Shane Lee\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/5dd9186563dda776dd081f8cfc7a8a67f6e878198225fc4a9cb6a59036bd7169?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/5dd9186563dda776dd081f8cfc7a8a67f6e878198225fc4a9cb6a59036bd7169?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/5dd9186563dda776dd081f8cfc7a8a67f6e878198225fc4a9cb6a59036bd7169?s=96&d=mm&r=g\",\"caption\":\"Shane Lee\"},\"url\":\"https:\\\/\\\/www.realtyhop.com\\\/blog\\\/author\\\/alsoshane\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"RealtyHop Price Drops Report: March 2021 - RealtyHop Blog","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.realtyhop.com\/blog\/realtyhop-price-drops-report-march-2021\/","og_locale":"en_US","og_type":"article","og_title":"RealtyHop Price Drops Report: March 2021 - RealtyHop Blog","og_description":"The real estate market has its ups and downs. In March&#8217;s monthly price drop report, RealtyHop analyzed available data for February across boroughs and neighborhoods in New York City to provide a useful resource for those looking to invest in real estate. We specifically focused on neighborhoods with the highest total number of price drops, [&hellip;]","og_url":"https:\/\/www.realtyhop.com\/blog\/realtyhop-price-drops-report-march-2021\/","og_site_name":"RealtyHop Blog","article_published_time":"2021-03-02T16:27:45+00:00","article_modified_time":"2022-01-25T18:57:38+00:00","og_image":[{"width":2344,"height":1570,"url":"https:\/\/www.realtyhop.com\/blog\/wp-content\/uploads\/2021\/03\/nyc-price-drops-featured-image-march-2021.jpg","type":"image\/jpeg"}],"author":"Shane Lee","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Shane Lee","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.realtyhop.com\/blog\/realtyhop-price-drops-report-march-2021\/#article","isPartOf":{"@id":"https:\/\/www.realtyhop.com\/blog\/realtyhop-price-drops-report-march-2021\/"},"author":{"name":"Shane Lee","@id":"https:\/\/www.realtyhop.com\/blog\/#\/schema\/person\/8cce324bd04987aa7dbe03a4a2a3eeee"},"headline":"RealtyHop Price Drops Report: March 2021","datePublished":"2021-03-02T16:27:45+00:00","dateModified":"2022-01-25T18:57:38+00:00","mainEntityOfPage":{"@id":"https:\/\/www.realtyhop.com\/blog\/realtyhop-price-drops-report-march-2021\/"},"wordCount":845,"image":{"@id":"https:\/\/www.realtyhop.com\/blog\/realtyhop-price-drops-report-march-2021\/#primaryimage"},"thumbnailUrl":"https:\/\/www.realtyhop.com\/blog\/wp-content\/uploads\/2021\/03\/nyc-price-drops-featured-image-march-2021.jpg","articleSection":["Market Trends &amp; Research"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.realtyhop.com\/blog\/realtyhop-price-drops-report-march-2021\/","url":"https:\/\/www.realtyhop.com\/blog\/realtyhop-price-drops-report-march-2021\/","name":"RealtyHop Price Drops Report: March 2021 - RealtyHop Blog","isPartOf":{"@id":"https:\/\/www.realtyhop.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.realtyhop.com\/blog\/realtyhop-price-drops-report-march-2021\/#primaryimage"},"image":{"@id":"https:\/\/www.realtyhop.com\/blog\/realtyhop-price-drops-report-march-2021\/#primaryimage"},"thumbnailUrl":"https:\/\/www.realtyhop.com\/blog\/wp-content\/uploads\/2021\/03\/nyc-price-drops-featured-image-march-2021.jpg","datePublished":"2021-03-02T16:27:45+00:00","dateModified":"2022-01-25T18:57:38+00:00","author":{"@id":"https:\/\/www.realtyhop.com\/blog\/#\/schema\/person\/8cce324bd04987aa7dbe03a4a2a3eeee"},"breadcrumb":{"@id":"https:\/\/www.realtyhop.com\/blog\/realtyhop-price-drops-report-march-2021\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.realtyhop.com\/blog\/realtyhop-price-drops-report-march-2021\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.realtyhop.com\/blog\/realtyhop-price-drops-report-march-2021\/#primaryimage","url":"https:\/\/www.realtyhop.com\/blog\/wp-content\/uploads\/2021\/03\/nyc-price-drops-featured-image-march-2021.jpg","contentUrl":"https:\/\/www.realtyhop.com\/blog\/wp-content\/uploads\/2021\/03\/nyc-price-drops-featured-image-march-2021.jpg","width":2344,"height":1570},{"@type":"BreadcrumbList","@id":"https:\/\/www.realtyhop.com\/blog\/realtyhop-price-drops-report-march-2021\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.realtyhop.com\/blog\/"},{"@type":"ListItem","position":2,"name":"RealtyHop Price Drops Report: March 2021"}]},{"@type":"WebSite","@id":"https:\/\/www.realtyhop.com\/blog\/#website","url":"https:\/\/www.realtyhop.com\/blog\/","name":"RealtyHop Blog","description":"RealtyHop","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.realtyhop.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.realtyhop.com\/blog\/#\/schema\/person\/8cce324bd04987aa7dbe03a4a2a3eeee","name":"Shane Lee","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/5dd9186563dda776dd081f8cfc7a8a67f6e878198225fc4a9cb6a59036bd7169?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/5dd9186563dda776dd081f8cfc7a8a67f6e878198225fc4a9cb6a59036bd7169?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/5dd9186563dda776dd081f8cfc7a8a67f6e878198225fc4a9cb6a59036bd7169?s=96&d=mm&r=g","caption":"Shane Lee"},"url":"https:\/\/www.realtyhop.com\/blog\/author\/alsoshane\/"}]}},"modified_by":"Shane Lee","_links":{"self":[{"href":"https:\/\/www.realtyhop.com\/blog\/wp-json\/wp\/v2\/posts\/6358","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.realtyhop.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.realtyhop.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.realtyhop.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.realtyhop.com\/blog\/wp-json\/wp\/v2\/comments?post=6358"}],"version-history":[{"count":10,"href":"https:\/\/www.realtyhop.com\/blog\/wp-json\/wp\/v2\/posts\/6358\/revisions"}],"predecessor-version":[{"id":7444,"href":"https:\/\/www.realtyhop.com\/blog\/wp-json\/wp\/v2\/posts\/6358\/revisions\/7444"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.realtyhop.com\/blog\/wp-json\/wp\/v2\/media\/6374"}],"wp:attachment":[{"href":"https:\/\/www.realtyhop.com\/blog\/wp-json\/wp\/v2\/media?parent=6358"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.realtyhop.com\/blog\/wp-json\/wp\/v2\/categories?post=6358"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.realtyhop.com\/blog\/wp-json\/wp\/v2\/tags?post=6358"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}