$6,828 Closing Credit*
$575,000
1 Bed
•1 Full Bath
#RPLU-5123284862, Sean Jadidian, Listing Office: Douglas Elliman Real Estate
Is Greenwich Village, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Greenwich Village has remained a Buyer's Market.
Key Takeaway
Greenwich Village is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Greenwich Village, NY
How much do homes in Greenwich Village, NY cost?
Median Sold Price
$1,663,875
$2,111/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$161,125(-8.8%)
Key Takeaway
Homes in Greenwich Village have sold for 8.8% less than they did a year ago.
Summary: The median home sold price in Greenwich Village was $1,663,875 in November 2024, down 8.8% from last year, and the median price per square foot was $2,111.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $1.1M | $1.1M | +1.7% |
| 2 Bedrooms | $2.2M | $2.3M | +3.3% |
| 3 Bedrooms | $4.6M | $4.4M | -4.1% |
| 4 Bedrooms | $7.3M | $7.3M | -0.6% |
| 5+ Bedrooms | $8.7M | $11.7M | +34.3% |
Summary: Greenwich Village housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.7%, 2 bedroom homes increased by 3.3%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes increased by 34.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Chelsea | $1.9M | $2.2M | +13.5% |
| Greenwich Village | $1.8M | $1.6M | -8.8% |
| West Village | $1.8M | $1.7M | -10.3% |
| Hudson Square / West SoHo | $2.7M | $2.0M | -25.9% |
Housing Supply in Greenwich Village, NY
How many homes are available in Greenwich Village, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 337 | 285 | -15.4% |
Summary: The Greenwich Village real estate market had 285 homes for sale in November 2024, a 15.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 142 | 107 | -24.6% |
| 2 Bedrooms | 91 | 76 | -16.5% |
| 3 Bedrooms | 45 | 42 | -6.7% |
| 4 Bedrooms | 26 | 26 | 0.0% |
| 5+ Bedrooms | 33 | 34 | +3.0% |
Summary: The Greenwich Village housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 24.6%, 2 bedroom homes decreased by 16.5%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 29 | 31 | +6.9% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
25 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Greenwich Village, expect to pay close to the asking price. 80.6% of homes here sold near the asking price last month.
Summary: A total of 31 homes were sold or pending in Greenwich Village in November 2024, up by 6.9% month-over-month. Of the 31 sold homes, 19% were sold under asking, 81% were sold at asking, and 0% were sold over asking.
Days on Market for Greenwich Village, NY
We’re sorry, we don't have information for this market at the moment
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