Wednesday, September 30, 2015
East Village home prices are up by 38% since 2004
Just checking out an interactive map via PropertyShark, which shows how home prices in NYC neighborhoods have changed in the past decade.
Average prices (adjusted for inflation) for condos, co-ops, and single- and two-family homes in the East Village have increased 38 percent — from $1,026 per square foot to $1,416 between 2004 and 2014. On the Bowery, prices climbed 62 percent, from $844 per square foot to $1,365.
These prices have nothing on Williamsburg, which shot up from $275 to $1,015 per square foot between 2004 and 2014 — good for a 269 percent increase, according to PropertyShark's data.