$7,400,000
3,068 SqFt
4 Beds
•4 Full Baths, 1 Partial
#RPLU-33423272299, Daniel Davis, Listing Office: Corcoran Group
Is TriBeCa, 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, TriBeCa has remained a Buyer's Market.
Key Takeaway
TriBeCa is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in TriBeCa, NY
How much do homes in TriBeCa, NY cost?
Median Sold Price
$3,588,000
$1,932/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$103,000(+3.0%)
Key Takeaway
Homes in TriBeCa have sold for 3% more than they did a year ago.
Summary: The median home sold price in TriBeCa was $3,588,000 in November 2024, up 3% from last year, and the median price per square foot was $1,932.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $1.5M | $1.6M | +2.2% |
| 2 Bedrooms | $2.7M | $2.8M | +4.7% |
| 3 Bedrooms | $4.5M | $4.8M | +5.8% |
| 4 Bedrooms | $8.7M | $7.5M | -13.3% |
| 5+ Bedrooms | $15.6M | $10.1M | -35.2% |
Summary: TriBeCa housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.2%, 2 bedroom homes increased by 4.7%, 3 bedroom homes increased by 5.8%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes decreased by 35.2%.
Median Sold Price Compared To Nearby Neighborhoods
| TriBeCa | $3.4M | $3.5M | +3.0% |
| SoHo | $4.2M | $4.2M | 0.4% |
| Lower Manhattan | $1.7M | $1.6M | -6.5% |
| Hudson Square / West SoHo | $2.7M | $2.0M | -25.9% |
Housing Supply in TriBeCa, NY
How many homes are available in TriBeCa, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 202 | 188 | -6.9% |
Summary: The TriBeCa real estate market had 188 homes for sale in November 2024, a 6.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 24 | 18 | -25.0% |
| 2 Bedrooms | 66 | 62 | -6.1% |
| 3 Bedrooms | 71 | 68 | -4.2% |
| 4 Bedrooms | 27 | 26 | -3.7% |
| 5+ Bedrooms | 14 | 14 | 0.0% |
Summary: The TriBeCa housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 6.1%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 13 | +30.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in TriBeCa, expect to pay close to the asking price. 92.3% of homes here sold near the asking price last month.
Summary: A total of 13 homes were sold or pending in TriBeCa in November 2024, up by 30.0% month-over-month. Of the 13 sold homes, 0% were sold under asking, 92% were sold at asking, and 8% were sold over asking.
Days on Market for TriBeCa, NY
We’re sorry, we don't have information for this market at the moment
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