$9,195,000
2,512 SqFt
3 Beds
•3 Full Baths, 1 Partial
#RLMX-104787, Nicole Benoliel, Listing Office: Nestapple Inc
Is Hudson Square / West SoHo, 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, Hudson Square / West SoHo has remained a Buyer's Market.
Key Takeaway
Hudson Square / West SoHo is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Hudson Square / West SoHo, NY
How much do homes in Hudson Square / West SoHo, NY cost?
Median Sold Price
$2,017,500
$1,991/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$705,000(-25.9%)
Key Takeaway
Homes in Hudson Square / West SoHo have sold for 25.9% less than they did a year ago.
Summary: The median home sold price in Hudson Square / West SoHo was $2,017,500 in November 2024, down 25.9% from last year, and the median price per square foot was $1,991.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $1.7M | $1.4M | -15.8% |
| 2 Bedrooms | $2.8M | $2.5M | -7.3% |
| 3 Bedrooms | $4.9M | $4.3M | -13.2% |
| 4 Bedrooms | $3.9M | $7.5M | +91.8% |
| 5+ Bedrooms | $6.8M | $8.0M | +17.1% |
Summary: Hudson Square / West SoHo housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.8%, 2 bedroom homes decreased by 7.3%, 3 bedroom homes decreased by 13.2%, 4 bedroom homes increased by 91.8%, and 5+ bedroom homes increased by 17.1%.
Median Sold Price Compared To Nearby Neighborhoods
| TriBeCa | $3.4M | $3.5M | +3.0% |
| SoHo | $4.2M | $4.2M | 0.4% |
| 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 Hudson Square / West SoHo, NY
How many homes are available in Hudson Square / West SoHo, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 60 | 54 | -10.0% |
Summary: The Hudson Square / West SoHo real estate market had 54 homes for sale in November 2024, a 10.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 7 | -36.4% |
| 2 Bedrooms | 24 | 21 | -12.5% |
| 3 Bedrooms | 17 | 17 | 0.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Hudson Square / West SoHo housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 36.4%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hudson Square / West SoHo, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in Hudson Square / West SoHo in November 2024, down by 28.6% month-over-month. Of the 5 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Hudson Square / West SoHo, NY
We’re sorry, we don't have information for this market at the moment
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