$6,950,000
3,726 SqFt
4 Beds
•3 Full Baths, 1 Partial
#PRCH-37024623, Ashton Monroe, Listing Office: Sothebys International Realty
Is Theater District, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Theater District was a Neutral Market.
Key Takeaway
Theater District is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Theater District, NY
How much do homes in Theater District, NY cost?
Median Sold Price
$935,000
$1,138/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$10,000(-1.1%)
Key Takeaway
Homes in Theater District have sold for 1.1% less than they did a year ago.
Summary: The median home sold price in Theater District was $935,000 in November 2024, down 1.1% from last year, and the median price per square foot was $1,138.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $725K | $843.7K | +16.4% |
| 2 Bedrooms | $1.5M | $1.2M | -15.2% |
| 3 Bedrooms | - | $4.7M | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | $11.9M | - | N/A |
Summary: Theater District housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.4%, 2 bedroom homes decreased by 15.2%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Midtown East | $1.1M | $1.1M | +0.7% |
| Midtown Manhattan | $1.2M | $1.2M | -0.3% |
| Theater District | $945K | $935K | -1.1% |
Housing Supply in Theater District, NY
How many homes are available in Theater District, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 | 29 | -3.3% |
Summary: The Theater District real estate market had 29 homes for sale in November 2024, a 3.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 15 | 15 | 0.0% |
| 2 Bedrooms | 11 | 10 | -9.1% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Theater District housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 9.1%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Theater District, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Theater District in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Theater District, NY
We’re sorry, we don't have information for this market at the moment
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