$3,890,000
2,446 SqFt
3 Beds
•3 Full Baths, 1 Partial
#RPLU-5123093496, Wendy Lee, Listing Office: Douglas Elliman Real Estate
![MLS logo](https://dnmtvrxsstng6.cloudfront.net/mlslogos/IDX_28_small.png)
August 2024
Report Updated 7 Days Ago
Is Midtown East, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Midtown East has remained a Buyer's Market.
How much do homes in Midtown East, NY cost?
$1,086,875
$1,224/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
Summary: The median home sold price in Midtown East was $1,086,875 in August 2024, down 5.3% from last year, and the median price per square foot was $1,224.
# BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $725.7K | $700K | -3.5% |
2 Bedrooms | $1.3M | $1.2M | -9.0% |
3 Bedrooms | $2.7M | $2.8M | +2.2% |
4 Bedrooms | $3.7M | $3.4M | -8.1% |
5+ Bedrooms | $6.4M | $8.1M | +25.6% |
Summary: Midtown East housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.5%, 2 bedroom homes decreased by 9%, 3 bedroom homes increased by 2.2%, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes increased by 25.6%.
Sutton Place | $950K | $975K | +2.6% |
Midtown East | $1.1M | $1.0M | -5.3% |
Turtle Bay | $1.1M | $999K | -10.6% |
How many homes are available in Midtown East, NY?
Jul 2024 | Aug 2024 | CHANGE |
---|---|---|
859 | 776 | -9.7% |
Summary: The Midtown East real estate market had 776 homes for sale in August 2024, a 9.7% decrease compared to July 2024.
# BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 313 | 282 | -9.9% |
2 Bedrooms | 307 | 264 | -14.0% |
3 Bedrooms | 150 | 142 | -5.3% |
4 Bedrooms | 61 | 59 | -3.3% |
5+ Bedrooms | 28 | 29 | +3.6% |
Summary: The Midtown East housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 9.9%, 2 bedroom homes decreased by 14%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes increased by 3.6%.
Jul 2024 | Aug 2024 | CHANGE |
---|---|---|
53 | 50 | -5.7% |
11 Homes Were Sold
Under Asking
37 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 50 homes were sold or pending in Midtown East in August 2024, down by 5.7% month-over-month. Of the 50 sold homes, 22% were sold under asking, 74% were sold at asking, and 4% were sold over asking.
How long does it take to sell a home in Midtown East, NY?
Aug 2023 | Aug 2024 | CHANGE |
---|---|---|
143 Days | 187 Days | +30.3% |
Summary: Homes in Midtown East had an average of 187 days on market in Aug 2024, up by 30.3% compared to last year.
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During August 2024, 50 homes were sold in Midtown East; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.
Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.
Report Updated 7 Days Ago
What homes are available in Midtown East, NY?
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Based on information from Real Estate Board of New York, OneKey MLS, and Brooklyn MLS for the period 09/01/2022 - 09/01/2024
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This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 9/7/2024, 8:11:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 9/7/2024, 8:20:46 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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