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Midtown Center Market Trends

Today, December 22, 2009

Median Sales Price in Midtown Center

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1 yr 5 yr Max
Midtown Center median sales prices
Number of sold homes in Midtown Center
NeighborhoodSep - Nov '09y-o-y3 months prior1 year prior5 years prior
Midtown Center$1,787,500+25.4%$2,550,000$1,425,000$1,160,000
New York$900,000-9.5%$980,000$995,000$627,612
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Midtown Center Summary

The median sales price for homes in Midtown Center for Sep 09 to Nov 09 was $1,787,500. This represents a decline of 29.9%, or $762,500, compared to the prior quarter and an increase of 25.4% compared to the prior year. Sales prices have appreciated 54.1% over the last 5 years in Midtown Center, New York.

The median sales price of $1,787,500 for Midtown Center is 98.61% higher than the median sales price for New York NY. Average listing price for homes on Trulia in Midtown Center was $2,382,065 for the week ending Dec 16, which represents an increase of 0.3%, or $6,018 compared to the prior week and a decline of 0.8%, or $18,914, compared to the week ending Nov 25. Average price per square foot for homes in Midtown Center was $1,352 in the most recent quarter, which is 25.42% higher than the average price per square foot for homes in New York.

 

Average Listing Price in Midtown Center

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1 yr 5 yr Max
Midtown Center average property price
Midtown Center – number of properties
NeighborhoodWeek ending
Dec 16
w-o-wWeek ending
Dec 9
Week ending
Dec 2
Week ending
Nov 25
Midtown Center$2,382,065+0.3%$2,376,047$2,310,923$2,400,979
New York$1,828,033+0.7%$1,815,256$1,825,359$1,830,156
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Average Price Per Sqft for Homes in Midtown Center

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1 yr 5 yr Max
Midtown Center average price per square foot
NeighborhoodSep - Nov '09y-o-y3 months prior1 year prior5 years prior
Midtown Center$1,352-29.5%$1,780$1,919$1,072
New York$1,078-10.3%$1,193$1,202$752
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Popular Neighborhoods in New York

Neighborhoods Week ending
Dec 16
w-o-w Week ending
Dec 9
Week ending
Dec 2
Upper East Side 1 — 1 1
Upper West Side 2 — 2 2
Harlem 3 — 3 3
Greenwich Village 4 — 4 5
West Village 5 — 5 4
Chelsea 6 — 6 6

Homes for Sale in Midtown Center

60 East 55th Street #19B, New York NY
60 E 55th…
$930,000
1 br  1 ba
111 East 56th Street, New York NY
111 E 56th…
$495,000
  1 ba
146 East 49th Street, New York NY
146 E 49th…
$425,000
1 br  1 ba
146 East 49th Street #7A, New York NY
146 E 49th…
$585,000
1 br  1 ba
15 West 53rd Street, New York NY
15 W 53rd…
$1,850,000
1 br  1 ½ ba
25 West 54th Street, New York NY
25 W 54th…
$595,000
1 br  1 ba
View all Midtown Center Homes for Sale
 
Stats & Trends
Midtown Center, New York

Real Estate Overview

Market Trends

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Nearby Neighborhoods

Neighborhoods
Median
sales price
Average
listing price
Theater District - Times Square
$633,000
$1,245,989
Midtown East
$725,000
$1,487,396
Murray Hill
$787,000
$938,134
Garment District
$765,000
$1,416,985
Sutton Place
$653,000
$1,980,954
Midtown South Central
$1,370,000
$1,809,995

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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.