$8,000,000
2,000 SqFt
4 Beds
•2 Full Baths, 1 Partial
#RPLU-1032523271893, Courtney Mendez, Listing Office: Serhant
Is West Village, 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, West Village has remained a Buyer's Market.
Key Takeaway
West Village is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in West Village, NY
How much do homes in West Village, NY cost?
Median Sold Price
$1,750,000
$2,311/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$215,000(-10.9%)
Key Takeaway
Homes in West Village have sold for 10.9% less than they did a year ago.
Summary: The median home sold price in West Village was $1,750,000 in October 2024, down 10.9% from last year, and the median price per square foot was $2,311.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $1.1M | $1.1M | -0.6% |
| 2 Bedrooms | $2.4M | $2.1M | -12.2% |
| 3 Bedrooms | $6.7M | $7.2M | +6.9% |
| 4 Bedrooms | $8.5M | $5.8M | -31.9% |
| 5+ Bedrooms | $8.6M | $11.6M | +34.0% |
Summary: West Village housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.6%, 2 bedroom homes decreased by 12.2%, 3 bedroom homes increased by 6.9%, 4 bedroom homes decreased by 31.9%, and 5+ bedroom homes increased by 34%.
Median Sold Price Compared To Nearby Neighborhoods
| Chelsea | $1.9M | $2.2M | +14.2% |
| Greenwich Village | $1.8M | $1.7M | -6.7% |
| West Village | $1.9M | $1.7M | -10.9% |
| Hudson Square / West SoHo | $2.7M | $1.9M | -30.5% |
Housing Supply in West Village, NY
How many homes are available in West Village, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 194 | 174 | -10.3% |
Summary: The West Village real estate market had 174 homes for sale in October 2024, a 10.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 75 | 60 | -20.0% |
| 2 Bedrooms | 49 | 46 | -6.1% |
| 3 Bedrooms | 28 | 24 | -14.3% |
| 4 Bedrooms | 21 | 19 | -9.5% |
| 5+ Bedrooms | 21 | 25 | +19.0% |
Summary: The West Village housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes decreased by 6.1%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes increased by 19%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 13 | -45.8% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Village, expect to pay close to the asking price. 76.9% of homes here sold near the asking price last month.
Summary: A total of 13 homes were sold or pending in West Village in October 2024, down by 45.8% month-over-month. Of the 13 sold homes, 23% were sold under asking, 77% were sold at asking, and 0% were sold over asking.
Days on Market for West Village, NY
We’re sorry, we don't have information for this market at the moment
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