$4,250,000
1,663 SqFt
2 Beds
•2 Full Baths
#PRCH-36953758, Gabrielle From, Listing Office: Sothebys International Realty
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 October 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
$1,909,950
$1,937/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$840,050(-30.5%)
Key Takeaway
Homes in Hudson Square / West SoHo have sold for 30.5% less than they did a year ago.
Summary: The median home sold price in Hudson Square / West SoHo was $1,909,950 in October 2024, down 30.5% from last year, and the median price per square foot was $1,937.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $1.6M | $1.5M | -7.8% |
| 2 Bedrooms | $2.9M | $2.5M | -10.5% |
| 3 Bedrooms | $4.9M | $4.7M | -5.6% |
| 4 Bedrooms | $4.0M | $7.5M | +85.9% |
| 5+ Bedrooms | $7.2M | $8.0M | +11.8% |
Summary: Hudson Square / West SoHo housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.8%, 2 bedroom homes decreased by 10.5%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 85.9%, and 5+ bedroom homes increased by 11.8%.
Median Sold Price Compared To Nearby Neighborhoods
| TriBeCa | $3.4M | $3.4M | -0.8% |
| Greenwich Village | $1.8M | $1.7M | -6.7% |
| West Village | $1.9M | $1.7M | -10.9% |
| SoHo | $4.3M | $3.6M | -17.1% |
| Hudson Square / West SoHo | $2.7M | $1.9M | -30.5% |
Housing Supply in Hudson Square / West SoHo, NY
How many homes are available in Hudson Square / West SoHo, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 56 | 60 | +7.1% |
Summary: The Hudson Square / West SoHo real estate market had 60 homes for sale in October 2024, a 7.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 12 | 11 | -8.3% |
| 2 Bedrooms | 21 | 25 | +19.0% |
| 3 Bedrooms | 13 | 13 | 0.0% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Hudson Square / West SoHo housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 8.3%, 2 bedroom homes increased by 19%, 3 bedroom homes remained the same, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 7 | +133.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
6 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. 85.7% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in Hudson Square / West SoHo in October 2024, up by 133.3% month-over-month. Of the 7 sold homes, 14% were sold under asking, 86% 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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