$10,000 Closing Credit*
$1,945,000
2 Beds
•2 Full Baths, 1 Partial
#RPLU-21923269673, Victoria Vinokur, Listing Office: Brown Harris Stevens Residential Sales LLC
Is Upper East Side, 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, Upper East Side has remained a Buyer's Market.
Key Takeaway
Upper East Side is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Upper East Side, NY
How much do homes in Upper East Side, NY cost?
Median Sold Price
$1,496,042
$1,255/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,626(+1.4%)
Key Takeaway
Homes in Upper East Side have sold for 1.4% more than they did a year ago.
Summary: The median home sold price in Upper East Side was $1,496,042 in October 2024, up 1.4% from last year, and the median price per square foot was $1,255.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $700.5K | $727.3K | +3.8% |
| 2 Bedrooms | $1.5M | $1.4M | -0.3% |
| 3 Bedrooms | $2.7M | $2.5M | -6.9% |
| 4 Bedrooms | $5.4M | $4.6M | -15.4% |
| 5+ Bedrooms | $10.9M | $9.0M | -17.7% |
Summary: Upper East Side housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.8%, 2 bedroom homes decreased by 0.3%, 3 bedroom homes decreased by 6.9%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes decreased by 17.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Lenox Hill | $1.4M | $1.5M | +11.1% |
| Upper East Side | $1.4M | $1.4M | +1.4% |
| Central Park | $1.8M | $1.8M | -2.6% |
| Carnegie Hill | $2.2M | $2.1M | -8.0% |
| Yorkville | $1.1M | $978.7K | -14.8% |
Housing Supply in Upper East Side, NY
How many homes are available in Upper East Side, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1,505 | 1,471 | -2.3% |
Summary: The Upper East Side real estate market had 1,471 homes for sale in October 2024, a 2.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 427 | 417 | -2.3% |
| 2 Bedrooms | 458 | 453 | -1.1% |
| 3 Bedrooms | 285 | 278 | -2.5% |
| 4 Bedrooms | 177 | 168 | -5.1% |
| 5+ Bedrooms | 158 | 155 | -1.9% |
Summary: The Upper East Side housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 2.3%, 2 bedroom homes decreased by 1.1%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes decreased by 1.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 138 | 135 | -2.2% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
117 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Upper East Side, expect to pay close to the asking price. 86.7% of homes here sold near the asking price last month.
Summary: A total of 135 homes were sold or pending in Upper East Side in October 2024, down by 2.2% month-over-month. Of the 135 sold homes, 13% were sold under asking, 87% were sold at asking, and 0% were sold over asking.
Days on Market for Upper East Side, NY
We’re sorry, we don't have information for this market at the moment
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