THE REAL ESTATE BOARD OF NEW YORK
Transcription
THE REAL ESTATE BOARD OF NEW YORK
THE REAL ESTATE BOARD OF NEW YORK NEW YORK CITY RESIDENTIAL SALES REPORT SECOND QUARTER 2015 TABLE OF CONTENTS Executive Summary ......................................................................................................................... 2 Total Consideration .......................................................................................................................... 5 Sales Charts ..................................................................................................................................... 6 Citywide and Borough Sales Data ................................................................................................... 7 Manhattan Neighborhood Sales Data ............................................................................................ 12 Brooklyn Neighborhood Sales Data ............................................................................................... 18 Queens Neighborhood Sales Data ................................................................................................ 34 Bronx Neighborhood Sales Data .................................................................................................... 42 Staten Island Neighborhood Sales Data ........................................................................................ 50 Manhattan Townhouse Sales Data ................................................................................................ 54 THE REAL ESTATE BOARD OF NEW YORK, NEW YORK CITY RESIDENTIAL REPORT 2Q15 | 1 Executive Summary Introduction The New York City residential sales market posted higher average sales prices along with increased sales in the second quarter of 2015 compared to the second quarter of 2014. The average sales price of a NYC home increased 12 percent to $923,000 compared to last year’s second quarter of $826,000 driven by a large average price increase in Manhattan as well as substantial average price increases in the other boroughs. NYC homes sales increased by 5 percent over last year’s second quarter to reach a total of 11,262. The Manhattan condo segment of the market again had the largest effect on the overall NYC home average sales price. The average price of a Manhattan condo increased 31 percent over last year’s second quarter to $2,353,000 with the number of sales increasing 2 percent. This large average price increase is again partly attributable to more closings at 157 West 57th Street where 6 sales over twenty million dollars were recorded during the quarter, including one over ninety million dollars. The average Manhattan condo sales price in the quarter without the 157 West 57th sales was $2,143,000, still a 19 percent increase over the second quarter of last year. The home sales markets in Brooklyn and Queens also had sizable average price increases of 9 percent. The two boroughs sales volumes though were more reserved compared to Manhattan, with increases of 1 percent and 5 percent respectively over the second quarter of last year. The total consideration for all residential sales in New York City during the second quarter of 2015 was $10.4 billion, up 17 percent from the second quarter of last year. Total consideration for Manhattan was $5.96 billion for the second quarter of 2015, up 20 percent from the second quarter of last year. In Brooklyn, the total consideration of residential sales was $2.16 billion, an increase of 10 percent compared to the second quarter of last year. The total consideration for Queens home sales was $1.6 billion, an increase of 15 percent compared to the second quarter of last year. Manhattan neighborhoods with the most home sales this quarter were; the Upper East Side (686 sales), the Upper West Side (584), Midtown West (274), Midtown East (264), Gramercy/Kips Bay (213), and Murray Hill (192). Brooklyn home sales activity was focused in Bedford Stuyvesant (183), Bay Ridge / Fort Hamilton (137), Park Slope (129), Borough Park (128), Gravesend / Mapleton (125), and Sheepshead Bay (113). Queens neighborhoods with the most home sales were; Rego Park/Forest Hills/Kew Gardens (378), Flushing (325), Jackson Heights/Elmhurst (286), Springfield Gardens/Jamaica/ South Jamaica/Baisley Park (275), Richmond Hill/ South Ozone Park/Woodhaven (268), Briarwood/Jamaica Hills/Hillcrest (173). Bronx neighborhoods with most residential home sales this quarter were Riverdale/Fieldston (121), Parkchester/Westchester Square/ Castle Hill/Soundview (119), City Island/Pelham Bay/Pelham Strip/Country Club/Throgs Neck/Schuylerville (103), and Woodlawn/Williamsbridge (88). All Homes The average sales price of a home in New York City during the second quarter of 2015 was $923,000, a 12 percent increase from the second quarter of last year. The average sales price of a home in Manhattan increased 19 percent from last year’s second quarter to $1,767,000. When compared to the second quarter of 2014, average sales price in Brooklyn rose by 9 percent to $778,000. The average sales price of a home in THE REAL ESTATE BOARD OF NEW YORK, NEW YORK CITY RESIDENTIAL REPORT 2Q15 | 2 Queens was $469,000, up 9 percent from the second quarter of 2014. The Bronx, with an average sales price of $364,000, increased 7 percent since the second quarter of last year. All Apartments The average sales price of an apartment in New York City during the second quarter of 2015 was $1,107,000, an increase of 13 percent year over year. The average sales price of an apartment in Manhattan this quarter was $1,704,000, an increase of 18 percent since the second quarter of 2014. Brooklyn, with an average sales price of $641,000, had a 7 percent increase since the second quarter of last year. The average sales price of an apartment in Queens during the second quarter of 2015 was $310,000 a 9 percent increase over the year. The Bronx average sales price of $252,000 down 1 percent from last year’s second quarter. Condominiums The average sales price of a condominium unit in New York City increased 19 percent in the second quarter of 2015 from the same quarter of last year to $1,583,000. The average sales price of a condo in Manhattan during this quarter was $2,353,000, a 31 percent increase over the year. The Brooklyn average sales price went up 1 percent to $844,000 from the second quarter of 2014. The average price in Queens was $498,000 this quarter, a 6 percent increase from last year’s second quarter average. Cooperatives The average sales price of a cooperative unit in New York City during the second quarter of 2015 was $793,000, up 3 percent from last year’s second quarter average. When compared to the second quarter of 2014, the average sales price of a coop in Manhattan increased 4 percent to $1,249,000. Brooklyn saw an increase in average sales price of 5 percent to $435,000 since the second quarter of 2014 and the average sales price of a coop in Queens rose 8 percent to $249,000. The average sales price of a coop unit in the Bronx increased 13 percent to $254,000 since last year’s second quarter. 1-3 Family Dwellings The average sales price of a 1-3 family dwelling in New York City during the second quarter of 2015 increased 9 percent from last year’s second quarter average to $691,000. The Brooklyn average sales price for a 1-3 family home was $882,000, up 12 percent from the second quarter of 2014. The average sales price in Queens rose 9 percent to $579,000 compared to last year’s second quarter. The average sales price in the Bronx increased 9 percent to $412,000 when compared to the second quarter of last year. The average sales price of a 1-3 family home in Staten Island was $436,000 in the second quarter of 2015, an increase of 4 percent from the average price during the second quarter of last year. Manhattan Neighborhoods The average sales price of a condominium on the Upper West Side during the second quarter of 2015 decreased 8 percent compared to the second quarter of last year to $2,002,000. The number of sales of condos in Upper West Side decreased over the same period to 200 from 210, but was still had the most condo sales of any Manhattan neighborhood. The average sales price of a coop unit on the Upper East Side during the second quarter of 2015 increased 9 percent compared to the second quarter of last year to $1,716,000. The number of coop sales on the Upper East Side was the most of any Manhattan neighborhood but decreased from 538 to 505. Brooklyn Neighborhoods The 84 condominium sales in Williamsburg were the most of any Brooklyn neighborhood during the second quarter of 2015 but were one less than in the second quarter of 2014. The second quarter average price of $1,073,000 for a condominium in Williamsburg though was 6 percent less than the average in the second quarter of 2014. THE REAL ESTATE BOARD OF NEW YORK, NEW YORK CITY RESIDENTIAL REPORT 2Q15 | 3 The average sales price of a 1-3 family home in Bedford Stuyvesant during the second quarter of 2015 increased 25 percent compared to the second quarter of last year to $937,000. The number of sales in Bedford Stuyvesant decreased from 184 to 143 but the neighborhood still had the most 1-3 family home sales in the borough. Queens Neighborhoods The Flushing condominium market during the second quarter of 2015 had 97 condominium sales, an increase over the 81 in the second quarter of last year and the most of any Queens neighborhood. The average price of a condominium in Flushing was $479,000; an 8 percent increase from the second quarter of 2014. The number of sales of a 1-3 family home in Springfield Gardens/Jamaica/ South Jamaica/Baisley Park during the second quarter of 2015 increased to 266 from 242 in second quarter of last year and tied with Richmond Hill/ South Ozone Park/Woodhaven for the most 1-3 family home sales in a Queens neighborhood. The average sales price of a 1-3 family home in Springfield Gardens/Jamaica/ South Jamaica/Baisley Park increased 17 compared to the second quarter of last year to $382,000. Bronx Neighborhoods City Island / Pelham Bay / Pelham Strip/ Country Club / Throgs Neck / Schuylerville had the most 1-3 family home sales in the Bronx with 94, an increase over the 77 sales in second quarter of 2014. The average price of a 1-3 family dwelling in the area was $405,000, an increase of 5 percent compared to the second quarter of 2014. THE REAL ESTATE BOARD OF NEW YORK, NEW YORK CITY RESIDENTIAL REPORT 2Q15 | 4 TOTAL CONSIDERATION Borough Manhattan Bronx Total Consideration for Residential Sales 2q15 Total Consideration for Residential Sales 1q15 Total Consideration for Residential Sales 2q14 $5,959,074,806 $5,539,304,902 $4,984,377,623 $264,819,863 $279,086,710 $224,272,071 Brooklyn $2,164,170,939 $2,188,392,324 $1,963,145,575 Queens $1,600,060,860 $1,684,879,298 $1,392,512,819 Staten Island NYC Borough $406,806,723 $374,808,868 $294,126,919 $10,394,933,190 $10,066,472,103 $8,858,435,007 Total Consideration Percentage Total Consideration Percentage Change From 1q15 Change From 2q14 Manhattan 7.04% 19.56% Bronx -5.39% 18.08% Brooklyn -1.12% 10.24% Queens -5.30% 14.90% Staten Island 7.87% 38.31% NYC 3.16% 17.35% Percentage of Total City Residential Consideration 1q15 Percentage of Total City Residential Consideration 4q14 Percentage of Total City Residential Consideration 1q14 57.33% 55.03% 56.27% Borough Manhattan Bronx 2.55% 2.77% 2.53% Brooklyn 20.82% 21.74% 22.16% Queens 15.39% 16.74% 15.72% 3.91% 3.72% 3.32% Staten Island TOTAL CONSIDERATION HISTORY Total NYC Residential Home Sales and Consideration ($Millions) $14,000 25,000 (Millions) $12,000 20,000 $10,000 $8,000 15,000 $6,000 10,000 $4,000 5,000 $2,000 $0 0 Consideration (Left Axis) Number of Sales (Right Axis) THE REAL ESTATE BOARD OF NEW YORK, NEW YORK CITY RESIDENTIAL REPORT 2Q15 | 5 SALES CHARTS NYC Average Home Sales Price (Thousands) $2,000 $1,768 $1,800 $1,491 $1,600 $1,400 $1,200 $923 $1,000 $826 $778 $715 $800 $600 $469 $431 $364 $341 $418 $395 2q15 2q14 2q15 2q14 Bronx SI $400 $200 $0 2q15 2q14 2q15 2q14 2q15 2q14 2q15 2q14 NYC Manhattan Brooklyn Queens NYC Median Home Sales Price (Thousands) $1,200 $1,000 $927 $867 $800 $621 $600 $545 $560 $510 $410 $400 $375 $356 $400 $375 $330 $200 $0 2q15 2q14 NYC 2q15 2q14 2q15 2q14 2q15 2q14 Manhattan Brooklyn Queens 2q15 2q14 Bronx 2q15 2q14 SI NYC Home Sales Volume 14,000 12,000 11,262 10,722 10,000 8,000 6,000 3,370 4,000 3,343 3,409 2,782 3,232 2,745 2,000 728 657 973 745 0 2q15 2q14 NYC 2q15 2q14 Manhattan 2q15 2q14 Brooklyn 2q15 2q14 2q15 2q14 Queens Bronx 2q15 2q14 SI THE REAL ESTATE BOARD OF NEW YORK, NEW YORK CITY RESIDENTIAL REPORT 2Q15 | 6 HOME SALE PRICE (includes all condominium, cooperative units & 1 – 3 family dwellings) AVG PRICE Change From 2q15 1q15 2q14 1q15 $923 $898 $826 3% 12% $1,768 $1,783 $1,491 -1% 19% Bronx $364 $381 $341 -5% 7% Brooklyn $778 $752 $715 3% 9% Queens $469 $471 $431 0% 9% Staten Island $418 $424 $395 -1% 6% 2q15 1q15 2q14 1q15 New York City $545 $535 $510 2% 7% Manhattan $927 $950 $867 -2% 7% Bronx $356 $360 $330 -1% 8% Brooklyn $621 $600 $560 4% 11% Queens $410 $410 $375 0% 9% Staten Island $400 $405 $375 -1% 7% 2q15 1q15 2q14 1q15 $651 $651 $646 0% 1% $1,453 $1,423 $1,298 2% 12% Bronx $237 $233 $225 2% 5% Brooklyn $540 $522 $495 3% 9% Queens $372 $357 $343 4% 8% Staten Island $272 $275 $263 -1% 4% 2q15 1q15 2q14 1q15 $413 $381 $416 8% -1% $1,292 $1,156 $1,152 12% 12% Bronx $216 $221 $207 -3% 4% Brooklyn $440 $394 $400 11% 10% Queens $337 $310 $311 9% 9% Staten Island $258 $252 $242 2% 7% 2q15 1q15 2q14 1q15 11,262 11,216 10,722 0% 5% 3,370 3,107 3,343 8% 1% New York City Manhattan 2q14 MEDIAN PRICE Change From 2q14 AVG PPSF Change From New York City Manhattan 2q14 MEDIAN PPSF Change From New York City Manhattan 2q14 SALES Change From New York City Manhattan Bronx 2q14 728 732 657 -1% 11% Brooklyn 2,782 2,911 2,745 -4% 1% Queens 3,409 3,581 3,232 -5% 5% 973 885 745 10% 31% Staten Island THE REAL ESTATE BOARD OF NEW YORK, NEW YORK CITY RESIDENTIAL REPORT 2Q15 | 7 APARTMENT SALE PRICE (includes all condominium & cooperative units) AVG PRICE Change From 2q15 1q15 2q14 1q15 New York City $1,107 $1,085 $979 2% 2q14 13% Manhattan $1,704 $1,687 $1,441 1% 18% Bronx $252 $254 $254 -1% -1% Brooklyn $641 $625 $601 3% 7% Queens $310 $293 $285 6% 9% Staten Island $324 $233 $219 39% 48% 2q15 1q15 2q14 1q15 New York City $581 $555 $550 5% 6% Manhattan $913 $930 $850 -2% 7% Bronx $182 $200 $178 -9% 2% Brooklyn $500 $499 $458 0% 9% Queens $249 $238 $231 5% 8% Staten Island $276 $220 $201 25% 38% 2q15 1q15 2q14 1q15 New York City $1,028 $992 $947 4% 9% Manhattan $1,445 $1,410 $1,296 2% 11% Bronx $243 $282 $271 -14% -10% Brooklyn $702 $686 $656 2% 7% Queens $433 $382 $379 13% 14% Staten Island $247 $260 $246 -5% 0% 2q15 1q15 2q14 1q15 $899 $863 $854 4% 5% $1,291 $1,224 $1,155 5% 12% Bronx $211 $259 $233 -18% -9% Brooklyn $638 $640 $598 0% 7% Queens $397 $343 $333 16% 19% Staten Island $233 $242 $235 -4% -1% 2q15 1q15 2q14 1q15 New York City 6,282 5,837 5,951 8% 6% Manhattan 3,315 3,059 3,291 8% 1% MEDIAN PRICE Change From 2q14 AVG PPSF Change From 2q14 MEDIAN PPSF Change From New York City Manhattan 2q14 SALES Change From Bronx 2q14 220 170 196 29% 12% Brooklyn 1,198 1,109 1,058 8% 13% Queens 1,392 1,394 1,314 0% 6% 157 105 92 50% 71% Staten Island THE REAL ESTATE BOARD OF NEW YORK, NEW YORK CITY RESIDENTIAL REPORT 2Q15 | 8 CONDOMINIUM SALE PRICE AVG PRICE Change From 2q15 1q15 2q14 1q15 New York City $1,583 $1,617 $1,327 -2% 2q14 19% Manhattan $2,353 $2,344 $1,796 0% 31% Bronx $245 $270 $322 -9% -24% Brooklyn $844 $824 $836 2% 1% Queens $498 $468 $468 6% 6% Staten Island $357 $250 $235 43% 52% 2q15 1q15 2q14 1q15 $867 $905 $855 -4% 1% $1,279 $1,392 $1,225 -8% 4% Bronx $140 $186 $184 -25% -24% Brooklyn $700 $727 $692 -4% 1% Queens $450 $410 $403 10% 12% Staten Island $300 $232 $225 29% 33% 2q15 1q15 2q14 1q15 New York City $1,195 $1,231 $1,137 -3% 5% Manhattan $1,626 $1,632 $1,469 0% 11% Bronx $216 $274 $292 -21% -26% Brooklyn $801 $800 $775 0% Queens $567 $536 $534 6% 6% Staten Island $247 $271 $252 -9% -2% 2q15 1q15 2q14 1q15 New York City $1,106 $1,135 $1,073 -3% 3% Manhattan $1,461 $1,440 $1,348 1% 8% Bronx $178 $208 $214 -14% -17% Brooklyn $794 $808 $809 -2% -2% Queens $533 $499 $494 7% 8% Staten Island $234 $247 $246 -5% -5% 2q15 1q15 2q14 1q15 2q14 New York City 2,498 2,242 2,239 11% 12% Manhattan 1,366 1,284 1,338 6% 2% 53 42 59 26% -10% Brooklyn 603 540 467 12% 29% Queens 343 295 302 16% 14% Staten Island 133 81 73 64% 82% MEDIAN PRICE Change From New York City Manhattan 2q14 AVG PPSF Change From 2q14 3% MEDIAN PPSF Change From 2q14 SALES Change From Bronx THE REAL ESTATE BOARD OF NEW YORK, NEW YORK CITY RESIDENTIAL REPORT 2Q15 | 9 COOPERATIVE SALE PRICE AVG PRICE Change From 2q15 1q15 2q14 1q15 $793 $753 $768 5% 3% $1,249 $1,211 $1,198 3% 4% Bronx $254 $248 $225 2% 13% Brooklyn $435 $436 $414 0% 5% Queens $249 $247 $231 1% Staten Island $140 $176 $159 -21% 2q15 1q15 2q14 1q15 New York City $425 $390 $410 9% 4% Manhattan $723 $695 $675 4% 7% Bronx $195 $201 $177 -3% 10% Brooklyn $325 $295 $310 10% 5% Queens $218 $218 $203 0% 7% Staten Island $135 $148 $140 -8% -4% 2q15 1q15 2q14 1q15 $801 $802 $798 0% 0% $1,179 $1,201 $1,144 -2% 3% Bronx $262 $285 $262 -8% 0% Brooklyn $509 $566 $539 -10% -6% Queens $334 $326 $313 2% 7% Staten Island $243 $225 $213 8% 14% 2q15 1q15 2q14 1q15 2q14 $659 $676 $713 -3% -8% $1,043 $1,047 $994 0% 5% Bronx $244 $272 $242 -11% 1% Brooklyn $390 $434 $433 -10% -10% Queens $319 $310 $294 3% 8% Staten Island $214 $213 $209 1% 3% 2q15 1q15 2q14 1q15 New York City 3,784 3,595 3,712 5% 2% Manhattan 1,949 1,775 1,953 10% 0% Bronx 167 128 137 30% 22% Brooklyn 595 569 591 5% 1% 1,049 1,099 1,012 -5% 4% 24 24 19 0% 26% New York City Manhattan 2q14 8% -12% MEDIAN PRICE Change From 2q14 AVG PPSF Change From New York City Manhattan 2q14 MEDIAN PPSF Change From New York City Manhattan SALES Change From Queens Staten Island 2q14 THE REAL ESTATE BOARD OF NEW YORK, NEW YORK CITY RESIDENTIAL REPORT 2Q15 | 10 ONE – THREE FAMILY DWELLING SALE PRICE AVG PRICE Change From 2q15 1q15 2q14 1q15 $691 $695 $636 -1% 9% $5,652 $7,887 $4,642 -28% 22% Bronx $412 $420 $379 -2% 9% Brooklyn $882 $830 $787 6% 12% Queens $579 $583 $530 -1% 9% Staten Island $436 $449 $420 -3% 4% 2q15 1q15 2q14 1q15 $519 $525 $480 -1% 8% $4,500 $6,360 $2,788 -29% 61% Bronx $410 $391 $370 5% 11% Brooklyn $700 $665 $610 5% 15% Queens $535 $549 $480 -3% 11% Staten Island $415 $425 $398 -2% 4% 2q15 1q15 2q14 1q15 $379 $371 $349 2% 8% $1,745 $2,051 $1,379 -15% 26% Bronx $235 $221 $210 6% 12% Brooklyn $464 $444 $415 5% 12% Queens $352 $346 $326 2% 8% Staten Island $275 $276 $265 0% 4% 2q15 1q15 2q14 1q15 $313 $308 $295 2% 6% $1,600 $1,761 $863 -9% 85% Bronx $216 $210 $196 3% 10% Brooklyn $391 $380 $356 3% 10% Queens $322 $317 $300 2% 7% Staten Island $261 $264 $243 -1% 7% 2q15 1q15 2q14 1q15 4,980 5,379 4,771 -7% 4% 55 48 52 15% 6% New York City Manhattan 2q14 MEDIAN PRICE Change From New York City Manhattan 2q14 AVG PPSF Change From New York City Manhattan 2q14 MEDIAN PPSF Change From New York City Manhattan 2q14 SALES Change From New York City Manhattan Bronx 2q14 508 562 461 -10% 10% Brooklyn 1,584 1,802 1,687 -12% -6% Queens 2,017 2,187 1,918 -8% 5% 816 780 653 5% 25% Staten Island THE REAL ESTATE BOARD OF NEW YORK, NEW YORK CITY RESIDENTIAL REPORT 2Q15 | 11 APARTMENT SALE PRICE (includes all condominium & cooperative units) AVERAGE 2q15 Manhattan Battery Park City Chelsea/Flatiron East Harlem East Village Financial/Seaport Gramercy/Kips Bay Greenwich Village Inwood Lower East Side Midtown East Midtown West Morningside Heights Murray Hill Roosevelt Island SoHo TriBeCa Upper East Side Upper West Side Washington Heights West Harlem West Village $1,704 $1,321 $1,764 $635 $1,514 $1,231 $1,632 $1,523 $406 $1,385 $1,481 $2,820 $622 $1,033 $656 $4,146 $3,345 $2,077 $1,585 $523 $834 $1,365 1q15 $1,687 $1,448 $1,699 $640 $1,232 $1,226 $1,523 $1,437 $374 $883 $1,324 $3,235 $815 $751 $845 $2,947 $4,115 $1,915 $1,637 $490 $951 $1,423 2q14 $1,441 $1,566 $1,450 $612 $1,038 $1,107 $1,241 $1,387 $317 $863 $1,156 $1,784 $518 $726 $920 $4,293 $3,318 $1,650 $1,714 $484 $663 $1,419 Percent Change 1q15 2q14 1% 18% -9% -16% 4% 22% -1% 4% 23% 46% 0% 11% 7% 32% 6% 10% 9% 28% 57% 60% 12% 28% -13% 58% -24% 20% 38% 42% -22% -29% 41% -3% -19% 1% 8% 26% -3% -8% 7% 8% -12% 26% -4% -4% MEDIAN 2q15 Manhattan Battery Park City Chelsea/Flatiron East Harlem East Village Financial/Seaport Gramercy/Kips Bay Greenwich Village Inwood Lower East Side Midtown East Midtown West Morningside Heights Murray Hill Roosevelt Island SoHo TriBeCa Upper East Side Upper West Side Washington Heights West Harlem West Village Note: Sale price in thousands $913 $882 $1,235 $577 $1,032 $1,095 $848 $1,130 $335 $723 $870 $1,056 $485 $825 $670 $2,932 $2,818 $945 $1,030 $496 $728 $927 1q15 $930 $872 $1,186 $520 $850 $1,140 $1,066 $1,150 $350 $650 $880 $1,300 $645 $618 $660 $2,148 $3,050 $900 $948 $448 $840 $993 2q14 $850 $1,075 $1,025 $549 $750 $975 $751 $1,058 $293 $598 $775 $950 $484 $610 $818 $2,975 $2,688 $830 $1,050 $452 $578 $970 Percent Change 1q15 2q14 -2% 7% 1% -18% 4% 21% 11% 5% 21% 38% -4% 12% -20% 13% -2% 7% -4% 15% 11% 21% -1% 12% -19% 11% -25% 0% 33% 35% 2% -18% 37% -1% -8% 5% 5% 14% 9% -2% 11% 10% -13% 26% -7% -4% THE REAL ESTATE BOARD OF NEW YORK, NEW YORK CITY RESIDENTIAL REPORT 2Q15 | 12 APARTMENT SALE PRICE PER SQUARE FOOT (includes all condominium & cooperative units) AVERAGE Manhattan Battery Park City Chelsea/Flatiron East Harlem East Village Financial/Seaport Gramercy/Kips Bay Greenwich Village Inwood Lower East Side Midtown East Midtown West Morningside Heights Murray Hill Roosevelt Island SoHo TriBeCa Upper East Side Upper West Side Washington Heights West Harlem West Village 2q15 1q15 2q14 $1,445 $1,192 $1,612 $813 $1,569 $1,247 $1,597 $1,626 $504 $1,416 $1,327 $1,915 $861 $1,275 $948 $1,837 $1,850 $1,420 $1,485 $654 $853 $1,819 $1,410 $1,291 $1,550 $743 $1,413 $1,262 $1,449 $1,535 $604 $1,063 $1,401 $1,905 $788 $1,083 $907 $2,015 $1,956 $1,330 $1,429 $646 $965 $1,877 $1,296 $1,301 $1,517 $651 $1,265 $1,168 $1,305 $1,419 $401 $995 $1,108 $1,665 $710 $1,032 $900 $2,287 $1,718 $1,238 $1,435 $560 $727 $1,615 Percent Change 1q15 2q14 2% 11% -8% -8% 4% 6% 10% 25% 11% 24% -1% 7% 10% 22% 6% 15% -17% 26% 33% 42% -5% 20% 1% 15% 9% 21% 18% 24% 5% 5% -9% -20% -5% 8% 7% 15% 4% 3% 1% 17% -12% 17% -3% 13% MEDIAN Manhattan Battery Park City Chelsea/Flatiron East Harlem East Village Financial/Seaport Gramercy/Kips Bay Greenwich Village Inwood Lower East Side Midtown East Midtown West Morningside Heights Murray Hill Roosevelt Island SoHo TriBeCa Upper East Side Upper West Side Washington Heights West Harlem West Village 2q15 1q15 2q14 $1,291 $1,128 $1,596 $781 $1,448 $1,257 $1,423 $1,542 $446 $1,319 $1,155 $1,503 $812 $1,206 $948 $1,779 $1,885 $1,219 $1,329 $629 $850 $1,748 $1,224 $1,093 $1,469 $685 $1,266 $1,242 $1,347 $1,402 $554 $801 $1,141 $1,545 $788 $1,075 $907 $1,640 $1,763 $1,083 $1,253 $634 $872 $1,655 $1,155 $1,198 $1,414 $612 $1,250 $1,123 $1,159 $1,270 $404 $794 $994 $1,363 $769 $996 $893 $1,753 $1,677 $1,081 $1,250 $562 $744 $1,437 Percent Change 1q15 2q14 5% 12% 3% -6% 9% 13% 14% 28% 14% 16% 1% 12% 6% 23% 10% 21% -20% 10% 65% 66% 1% 16% -3% 10% 3% 6% 12% 21% 5% 6% 8% 1% 7% 12% 13% 13% 6% 6% -1% 12% -3% 14% 6% 22% THE REAL ESTATE BOARD OF NEW YORK, NEW YORK CITY RESIDENTIAL REPORT 2Q15 | 13 CONDOMINIUM SALE PRICE AVERAGE 2q15 Manhattan Battery Park City Chelsea/Flatiron East Harlem East Village Financial/Seaport Gramercy/Kips Bay Greenwich Village Inwood Lower East Side Midtown East Midtown West Morningside Heights Murray Hill Roosevelt Island SoHo TriBeCa Upper East Side Upper West Side Washington Heights West Harlem West Village $2,353 $1,321 $2,654 $720 $2,037 $1,247 $2,787 $2,348 $385 $2,798 $2,480 $3,532 $715 $1,432 $785 $4,875 $3,499 $3,139 $2,002 $662 $931 $2,218 1q15 $2,344 $1,448 $2,257 $690 $1,755 $1,256 $2,116 $2,138 $345 $1,634 $1,773 $4,077 $1,159 $848 $3,267 $4,383 $2,593 $2,299 $613 $1,097 $2,287 2q14 $1,796 $1,566 $2,049 $632 $1,543 $1,056 $2,009 $1,564 $255 $1,535 $1,765 $1,993 $1,300 $1,115 $920 $4,524 $3,462 $1,883 $2,174 $524 $767 $1,986 Percent Change 1q15 2q14 0% 31% -9% -16% 18% 30% 4% 14% 16% 32% -1% 18% 32% 39% 10% 50% 12% 51% 71% 82% 40% 41% -13% 77% -45% 23% 28% -7% -15% 49% 8% -20% 1% 21% 67% -13% -8% 8% 26% -15% 21% -3% 12% MEDIAN Manhattan Battery Park City Chelsea/Flatiron East Harlem East Village Financial/Seaport Gramercy/Kips Bay Greenwich Village Inwood Lower East Side Midtown East Midtown West Morningside Heights Murray Hill Roosevelt Island SoHo TriBeCa Upper East Side Upper West Side Washington Heights West Harlem West Village Note: Sale price in thousands 2q15 1q15 2q14 $1,279 $882 $2,250 $690 $1,795 $1,102 $1,650 $1,950 $410 $1,253 $1,400 $1,233 $715 $1,207 $670 $4,975 $3,172 $1,506 $1,338 $631 $785 $1,706 $1,392 $872 $1,623 $530 $1,693 $1,150 $1,705 $1,538 $345 $1,350 $983 $1,550 $123 $1,030 $848 $2,450 $3,106 $1,660 $1,260 $572 $1,025 $1,825 $1,225 $1,075 $1,800 $652 $1,232 $975 $1,448 $1,396 $241 $1,450 $1,438 $1,170 $1,300 $943 $818 $3,295 $2,800 $1,373 $1,318 $454 $741 $1,755 Percent Change 1q15 2q14 -8% 4% 1% -18% 39% 25% 30% 6% 6% 46% -4% 13% -3% 14% 27% 40% 19% 70% -7% -14% 42% -3% -20% 5% 480% -45% 17% 28% -21% -18% 103% 51% 2% 13% -9% 10% 6% 2% 10% 39% -23% 6% -7% -3% THE REAL ESTATE BOARD OF NEW YORK, NEW YORK CITY RESIDENTIAL REPORT 2Q15 | 14 CONDOMINIUM SALE PRICE PER SQUARE FOOT AVERAGE Manhattan Battery Park City Chelsea/Flatiron East Harlem East Village Financial/Seaport Gramercy/Kips Bay Greenwich Village Inwood Lower East Side Midtown East Midtown West Morningside Heights Murray Hill Roosevelt Island SoHo TriBeCa Upper East Side Upper West Side Washington Heights West Harlem West Village 2q15 1q15 2q14 $1,626 $1,192 $1,856 $813 $1,464 $1,257 $1,968 $2,050 $489 $1,619 $1,636 $2,075 $1,632 $1,291 $1,716 $743 $1,645 $1,276 $1,775 $1,599 $520 $1,595 $1,648 $2,118 $196 $1,250 $907 $2,364 $2,026 $1,641 $1,613 $658 $994 $2,277 $1,469 $1,301 $1,735 $651 $1,404 $1,176 $1,673 $1,882 $273 $1,274 $1,451 $1,740 $863 $1,215 $900 $2,314 $1,715 $1,449 $1,595 $517 $716 $2,033 $1,472 $948 $2,019 $1,855 $1,694 $1,670 $706 $871 $2,196 Percent Change 1q15 2q14 0% 11% -8% -8% 8% 7% 10% 25% -11% 4% -1% 7% 11% 18% 28% 9% -6% 79% 1% 27% -1% 13% -2% 19% 18% 5% -15% -8% 3% 4% 7% -12% -4% 21% 5% -13% 8% 17% 5% 37% 22% 8% MEDIAN Manhattan Battery Park City Chelsea/Flatiron East Harlem East Village Financial/Seaport Gramercy/Kips Bay Greenwich Village Inwood Lower East Side Midtown East Midtown West Morningside Heights Murray Hill Roosevelt Island SoHo TriBeCa Upper East Side Upper West Side Washington Heights West Harlem West Village 2q15 1q15 2q14 $1,461 $1,192 $1,783 $781 $1,437 $1,257 $1,783 $1,796 $442 $1,522 $1,347 $1,541 $1,440 $1,291 $1,646 $685 $1,571 $1,276 $1,759 $1,676 $520 $1,489 $1,366 $1,675 $196 $1,215 $907 $1,818 $1,887 $1,462 $1,386 $637 $912 $2,109 $1,348 $1,301 $1,644 $612 $1,360 $1,176 $1,667 $1,752 $278 $1,342 $1,429 $1,433 $863 $1,131 $893 $1,873 $1,697 $1,334 $1,411 $529 $744 $1,963 $1,359 $948 $1,867 $1,901 $1,435 $1,517 $659 $857 $2,232 Percent Change 1q15 2q14 1% 8% -8% -8% 8% 8% 14% 28% -9% 6% -1% 7% 1% 7% 7% 2% -15% 59% 2% 13% -1% -6% -8% 7% 12% 5% 3% 1% -2% 9% 3% -6% 6% 20% 6% 0% 12% 8% 7% 25% 15% 14% THE REAL ESTATE BOARD OF NEW YORK, NEW YORK CITY RESIDENTIAL REPORT 2Q15 | 15 COOPERATIVE SALE PRICE AVERAGE Manhattan Battery Park City Chelsea/Flatiron East Harlem East Village Financial/Seaport Gramercy/Kips Bay Greenwich Village Inwood Lower East Side Midtown East Midtown West Morningside Heights Murray Hill Roosevelt Island SoHo TriBeCa Upper East Side Upper West Side Washington Heights West Harlem West Village 2q15 1q15 2q14 $1,249 $1,211 $1,198 $1,097 $498 $1,273 $952 $888 $1,422 $409 $786 $871 $1,208 $618 $670 $559 $3,353 $2,436 $1,716 $1,366 $438 $462 $1,100 $1,092 $559 $874 $670 $995 $1,319 $377 $675 $1,109 $949 $845 $557 $844 $2,526 $2,389 $1,694 $1,320 $457 $352 $1,054 $894 $584 $713 $2,208 $725 $1,368 $329 $648 $891 $1,410 $486 $558 $3,988 $2,494 $1,576 $1,447 $468 $342 $1,123 Percent Change 1q15 2q14 3% 4% 0% -11% 46% 42% -11% 8% 9% 16% -21% 27% -27% 20% -34% 33% 2% 1% 4% -4% 31% 4% 23% -15% 79% -57% 23% 4% 25% 21% -2% -14% 27% 20% -16% -2% 9% -6% -6% 35% -2% MEDIAN Manhattan Battery Park City Chelsea/Flatiron East Harlem East Village Financial/Seaport Gramercy/Kips Bay Greenwich Village Inwood Lower East Side Midtown East Midtown West Morningside Heights Murray Hill Roosevelt Island SoHo TriBeCa Upper East Side Upper West Side Washington Heights West Harlem West Village 2q15 1q15 2q14 $723 $695 $675 $797 $244 $770 $536 $625 $973 $328 $675 $678 $671 $483 $518 $543 $2,200 $2,525 $815 $823 $377 $338 $855 $810 $376 $660 $699 $675 $1,061 $350 $575 $819 $596 $660 $480 $660 $1,600 $2,360 $750 $825 $405 $315 $824 $700 $499 $620 $625 $590 $978 $293 $535 $660 $715 $467 $493 $2,300 $2,565 $754 $860 $450 $295 $800 Percent Change 1q15 2q14 4% 7% -2% -35% 17% -23% -7% -8% -6% 17% -17% 13% -27% 8% -18% 38% 7% 9% 0% -7% 7% 4% 14% -51% 24% -14% 6% -1% 12% 26% 3% -6% 4% 5% -4% -2% 8% -4% -16% 14% 7% Note: Sale price in thousands THE REAL ESTATE BOARD OF NEW YORK, NEW YORK CITY RESIDENTIAL REPORT 2Q15 | 16 COOPERATIVE SALE PRICE PER SQUARE FOOT AVERAGE Manhattan Battery Park City Chelsea/Flatiron East Harlem East Village Financial/Seaport Gramercy/Kips Bay Greenwich Village Inwood Lower East Side Midtown East Midtown West Morningside Heights Murray Hill Roosevelt Island SoHo TriBeCa Upper East Side Upper West Side Washington Heights West Harlem West Village Percent Change 1q15 2q14 -2% 3% 2q15 1q15 2q14 $1,179 $1,201 $1,144 $1,186 $1,303 $1,239 -9% -4% $1,698 $419 $1,075 $1,514 $511 $919 $929 $1,142 $861 $931 $1,143 $692 $1,091 $1,518 $614 $785 $1,246 $1,091 $848 $992 $1,148 $839 $1,012 $1,346 $438 $830 $936 $1,455 $701 $934 48% -39% -1% 0% -17% 17% -25% 5% 2% -6% 48% -50% 6% 13% 17% 11% -1% -22% 23% 0% $1,391 $1,612 $1,234 $1,294 $593 $482 $1,577 $1,450 $1,360 $1,207 $1,313 $641 $509 $1,654 $2,243 $1,758 $1,155 $1,312 $595 $976 $1,318 -4% 18% 2% -1% -7% -5% -5% -38% -8% 7% -1% 0% -51% 20% MEDIAN Manhattan Battery Park City Chelsea/Flatiron East Harlem East Village Financial/Seaport Gramercy/Kips Bay Greenwich Village Inwood Lower East Side Midtown East Midtown West Morningside Heights Murray Hill Roosevelt Island SoHo TriBeCa Upper East Side Upper West Side Washington Heights West Harlem West Village Percent Change 1q15 2q14 0% 5% 2q15 1q15 2q14 $1,043 $1,047 $994 $1,168 $1,282 $1,190 -9% -2% $1,453 $419 $1,028 $1,413 $450 $815 $866 $985 $812 $908 $1,090 $692 $1,056 $1,369 $554 $756 $1,003 $1,026 $792 $1,003 $1,183 $839 $957 $1,250 $430 $702 $854 $1,021 $753 $885 33% -39% -3% 3% -19% 8% -14% -4% 3% -10% 23% -50% 7% 13% 5% 16% 1% -4% 8% 3% $1,372 $1,612 $1,052 $1,126 $542 $515 $1,623 $1,520 $1,453 $962 $1,123 $617 $514 $1,504 $1,416 $1,614 $977 $1,065 $609 $715 $1,292 -10% 11% 9% 0% -12% 0% 8% -3% 0% 8% 6% -11% -28% 26% THE REAL ESTATE BOARD OF NEW YORK, NEW YORK CITY RESIDENTIAL REPORT 2Q15 | 17 HOME SALE PRICE (includes all condominium, cooperative units and 1 – 3 family dwellings) AVERAGE Brooklyn Bath Beach Bay Ridge / Fort Hamilton Bedford Stuyvesant Bensonhurst Bergen Beach Boerum Hill Borough Park Brighton Beach Brooklyn Heights Brownsville / Ocean Hill Bushwick / Wyckoff Heights Canarsie Carroll Gardens Clinton Hill Cobble Hill Columbia Street Waterfront District Coney Island Crown Heights Cypress Hills Downtown Dyker Heights East Flatbush East New York / Spring Creek Flatbush / Prospect Park South Flatlands Fort Greene Gerritsen Beach Gowanus Gravesend / Mapleton Greenpoint Kensington / Parkville Manhattan Beach Marine Park / Madison Midwood Mill Basin Park Slope Prospect Heights Prospect Park Lefferts Gardens Red Hook SeaGate Sheepshead Bay Sunset Park Vinegar Hill / Dumbo Williamsburg Windsor Terrace 2q15 1q15 2q14 $778 $644 $564 $874 $808 $555 $1,286 $749 $541 $1,371 $556 $742 $450 $1,857 $957 $2,579 $945 $329 $803 $407 $999 $958 $412 $359 $706 $411 $1,217 $367 $1,189 $762 $1,118 $563 $1,426 $557 $679 $583 $1,367 $928 $618 $1,424 $431 $383 $751 $1,845 $1,156 $884 $752 $683 $579 $851 $806 $591 $1,363 $869 $615 $1,011 $549 $675 $413 $1,776 $944 $1,792 $904 $320 $751 $423 $991 $878 $402 $365 $771 $396 $1,128 $335 $1,186 $782 $1,219 $606 $1,857 $514 $718 $515 $1,301 $1,101 $665 $1,532 $372 $370 $855 $1,269 $1,044 $823 $715 $623 $538 $722 $813 $546 $1,158 $820 $418 $1,512 $499 $577 $400 $1,852 $692 $903 $1,087 $317 $711 $362 $850 $730 $448 $364 $513 $381 $1,208 $321 $895 $645 $1,011 $590 $1,133 $487 $583 $627 $1,342 $987 $568 $857 $698 $372 $692 $1,375 $1,071 $729 Percent Change 1q15 2q14 3% 9% -6% 3% -3% 5% 3% 21% 0% -1% -6% 2% -6% 11% -14% -9% -12% 29% 36% -9% 1% 12% 10% 28% 9% 12% 5% 0% 1% 38% 44% 186% 4% -13% 3% 4% 7% 13% -4% 12% 1% 17% 9% 31% 2% -8% -2% -1% -8% 38% 4% 8% 8% 1% 10% 14% 0% 33% -3% 18% -8% 11% -7% -5% -23% 26% 8% 14% -5% 16% 13% -7% 5% 2% -16% -6% -7% 9% -7% 66% 16% -38% 4% 3% -12% 8% 45% 34% 11% 8% 7% 21% Note: Sale price in thousands THE REAL ESTATE BOARD OF NEW YORK, NEW YORK CITY RESIDENTIAL REPORT 2Q15 | 18 HOME SALE PRICE (includes all condominium, cooperative units and 1 – 3 family dwellings) MEDIAN Brooklyn Bath Beach Bay Ridge / Fort Hamilton Bedford Stuyvesant Bensonhurst Bergen Beach Boerum Hill Borough Park Brighton Beach Brooklyn Heights Brownsville / Ocean Hill Bushwick / Wyckoff Heights Canarsie Carroll Gardens Clinton Hill Cobble Hill Columbia Street Waterfront District Coney Island Crown Heights Cypress Hills Downtown Dyker Heights East Flatbush East New York / Spring Creek Flatbush / Prospect Park South Flatlands Fort Greene Gerritsen Beach Gowanus Gravesend / Mapleton Greenpoint Kensington / Parkville Manhattan Beach Marine Park / Madison Midwood Mill Basin Park Slope Prospect Heights Prospect Park Lefferts Gardens Red Hook SeaGate Sheepshead Bay Sunset Park Vinegar Hill / Dumbo Williamsburg Windsor Terrace 2q15 1q15 2q14 $621 $559 $385 $850 $800 $566 $1,185 $700 $536 $916 $500 $728 $450 $1,750 $715 $1,250 $717 $325 $750 $436 $905 $950 $395 $323 $536 $465 $790 $340 $900 $685 $970 $400 $1,190 $545 $625 $545 $1,100 $680 $460 $1,200 $435 $278 $755 $1,513 $963 $900 $600 $655 $510 $765 $785 $568 $972 $810 $545 $625 $569 $660 $425 $1,515 $553 $1,258 $906 $320 $720 $462 $886 $854 $398 $349 $615 $428 $875 $345 $788 $718 $1,194 $478 $1,548 $503 $673 $508 $1,069 $814 $473 $1,560 $413 $290 $875 $1,175 $860 $600 $560 $673 $434 $682 $826 $523 $958 $753 $378 $888 $465 $543 $425 $1,735 $515 $590 $1,099 $285 $630 $344 $656 $718 $382 $350 $445 $400 $743 $323 $780 $578 $945 $400 $993 $499 $500 $510 $1,100 $795 $438 $610 $523 $308 $744 $1,227 $850 $580 Percent Change 1q15 2q14 4% 11% -15% -17% -25% -11% 11% 25% 2% -3% 0% 8% 22% 24% -14% -7% -2% 42% 47% 3% -12% 7% 10% 34% 6% 6% 16% 1% 29% 39% -1% 112% -21% -35% 2% 14% 4% 19% -6% 27% 2% 38% 11% 32% -1% 3% -7% -8% -13% 20% 9% 16% -10% 6% -1% 5% 14% 15% -5% 19% -19% 3% -16% 0% -23% 20% 8% 9% -7% 25% 7% 7% 3% 0% -16% -14% -3% 5% -23% 97% 5% -17% -4% -10% -14% 1% 29% 23% 12% 13% 50% 55% Note: Sale price in thousands THE REAL ESTATE BOARD OF NEW YORK, NEW YORK CITY RESIDENTIAL REPORT 2Q15 | 19 APARTMENT SALE PRICE (includes all condominium and cooperative units) AVERAGE Brooklyn Bath Beach Bay Ridge / Fort Hamilton Bedford Stuyvesant Bensonhurst Bergen Beach Boerum Hill Borough Park Brighton Beach Brooklyn Heights Brownsville / Ocean Hill Bushwick / Wyckoff Heights Canarsie Carroll Gardens Clinton Hill Cobble Hill Columbia Street Waterfront District Coney Island Crown Heights Cypress Hills Downtown Dyker Heights East Flatbush East New York / Spring Creek Flatbush / Prospect Park South Flatlands Fort Greene Gerritsen Beach Gowanus Gravesend / Mapleton Greenpoint Kensington / Parkville Manhattan Beach Marine Park / Madison Midwood Mill Basin Park Slope Prospect Heights Prospect Park Lefferts Gardens Red Hook SeaGate Sheepshead Bay Sunset Park Vinegar Hill / Dumbo Williamsburg Windsor Terrace 2q15 1q15 2q14 $641 $335 $303 $651 $443 $375 $1,076 $529 $534 $1,020 $432 $612 $368 $1,094 $699 $947 $776 $315 $623 $625 $333 $261 $677 $403 $406 $913 $487 $643 $854 $230 $549 $221 $881 $518 $821 $866 $285 $616 $995 $465 $224 $253 $410 $188 $756 $939 $525 $214 $252 $415 $183 $942 $601 $255 $290 $555 $267 $432 $945 $458 $416 $983 $281 $345 $227 $881 $536 $732 $890 $298 $573 $185 $716 $403 $209 $230 $371 $166 $624 $813 $422 $911 $337 $556 $283 $918 $351 $212 $308 $145 $957 $814 $332 $435 $240 $380 $1,534 $1,025 $539 Percent Change 1q15 2q14 3% 7% 1% 31% 16% 5% -4% 17% 10% 66% -8% -13% 18% 14% 9% 15% -17% 29% 20% 4% 88% 53% 12% 77% 66% 62% 24% 24% 35% 30% 15% 29% -10% -13% 11% 6% 1% 9% 6% -11% 5% 1% -1% 2% -20% 39% 16% 8% 10% 11% 13% 21% $608 $327 $861 $250 46% 49% -1% -4% 34% 29% 6% 35% $214 $229 $188 $994 $821 $351 $218 $288 $141 $911 $830 $274 $380 -1% 34% -23% -4% -1% -5% -3% 7% 3% 5% -2% 21% $209 $525 $1,269 $932 $535 $190 $417 $1,375 $1,064 $471 15% -28% 21% 10% 1% 27% -9% 12% -4% 15% Note: Sale price in thousands THE REAL ESTATE BOARD OF NEW YORK, NEW YORK CITY RESIDENTIAL REPORT 2Q15 | 20 APARTMENT SALE PRICE (includes all condominium and cooperative units) MEDIAN Brooklyn Bath Beach Bay Ridge / Fort Hamilton Bedford Stuyvesant Bensonhurst Bergen Beach Boerum Hill Borough Park Brighton Beach Brooklyn Heights Brownsville / Ocean Hill Bushwick / Wyckoff Heights Canarsie Carroll Gardens Clinton Hill Cobble Hill Columbia Street Waterfront District Coney Island Crown Heights Cypress Hills Downtown Dyker Heights East Flatbush East New York / Spring Creek Flatbush / Prospect Park South Flatlands Fort Greene Gerritsen Beach Gowanus Gravesend / Mapleton Greenpoint Kensington / Parkville Manhattan Beach Marine Park / Madison Midwood Mill Basin Park Slope Prospect Heights Prospect Park Lefferts Gardens Red Hook SeaGate Sheepshead Bay Sunset Park Vinegar Hill / Dumbo Williamsburg Windsor Terrace 2q15 1q15 2q14 $500 $333 $256 $634 $475 $440 $1,130 $556 $530 $850 $395 $626 $401 $1,148 $664 $849 $699 $285 $560 $499 $276 $230 $617 $474 $445 $892 $528 $578 $600 $230 $497 $164 $793 $499 $623 $906 $265 $625 $899 $465 $193 $275 $405 $188 $725 $868 $525 $194 $258 $364 $178 $763 $458 $223 $276 $500 $218 $425 $915 $450 $380 $806 $278 $330 $232 $830 $488 $552 $903 $270 $437 $185 $630 $403 $218 $244 $366 $160 $583 $609 $270 $851 $304 $540 $270 $970 $295 $172 $228 $130 $803 $642 $284 $435 $183 $347 $1,450 $890 $420 Percent Change 1q15 2q14 0% 9% 20% 49% 11% -7% 3% 27% 0% 118% -1% 4% 27% 23% 5% 24% -8% 39% 42% 5% 72% 42% 26% 90% 144% 73% 45% 38% 33% 36% 36% 54% -23% -23% 7% 5% -10% 28% 4% -11% -1% 6% 11% 6% -5% 43% 16% -12% 13% 11% 17% 24% $585 $210 $733 $241 13% 0% -12% 3% 4% 29% 16% 26% $171 $220 $125 $910 $799 $299 $177 $314 $141 $750 $763 $198 $380 1% 3% 4% -12% -20% -5% -3% -28% -7% 7% -16% 43% $177 $442 $1,175 $822 $530 $165 $335 $1,227 $850 $473 3% -22% 23% 8% -21% 11% 4% 18% 5% -11% Note: Sale price in thousands THE REAL ESTATE BOARD OF NEW YORK, NEW YORK CITY RESIDENTIAL REPORT 2Q15 | 21 APARTMENT SALE PRICE PER SQ. FT.(includes all condominium and cooperative units) AVERAGE Brooklyn Bath Beach Bay Ridge / Fort Hamilton Bedford Stuyvesant Bensonhurst Bergen Beach Boerum Hill Borough Park Brighton Beach Brooklyn Heights Brownsville / Ocean Hill Bushwick / Wyckoff Heights Canarsie Carroll Gardens Clinton Hill Cobble Hill Columbia Street Waterfront District Coney Island Crown Heights Cypress Hills Downtown Dyker Heights East Flatbush East New York / Spring Creek Flatbush / Prospect Park South Flatlands Fort Greene Gerritsen Beach Gowanus Gravesend / Mapleton Greenpoint Kensington / Parkville Manhattan Beach Marine Park / Madison Midwood Mill Basin Park Slope Prospect Heights Prospect Park Lefferts Gardens Red Hook SeaGate Sheepshead Bay Sunset Park Vinegar Hill / Dumbo Williamsburg Windsor Terrace 2q15 1q15 2q14 $702 $450 $391 $550 $440 $313 $1,093 $453 $551 $1,024 $490 $793 $356 $1,016 $840 $938 $887 $395 $718 $686 $400 $395 $649 $405 $367 $969 $417 $542 $961 $249 $647 $211 $915 $860 $987 $969 $369 $675 $1,107 $501 $271 $317 $571 $217 $864 $1,077 $462 $291 $295 $529 $218 $1,012 $656 $342 $394 $550 $322 $357 $941 $401 $430 $995 $310 $703 $271 $1,018 $740 $1,041 $1,146 $390 $588 $224 $826 $509 $279 $278 $467 $183 $690 $879 $405 $935 $432 $688 $333 $990 $506 $290 $379 $195 $1,060 $982 $327 $289 $340 $551 $1,215 $1,021 $687 Percent Change 1q15 2q14 2% 7% 13% 32% -1% -1% -15% 0% 9% 37% -15% -12% 13% 16% 9% 13% 2% 28% 7% 3% 96% 58% 23% 13% 69% 32% 11% 0% -2% 14% -5% -10% -8% -23% 7% 1% 6% 22% 3% 8% -7% 8% 8% -1% -15% 34% -2% -3% 14% 22% 19% 25% $889 $305 $962 $348 28% 22% -6% -15% -1% 33% -3% 24% $284 $307 $236 $959 $903 $296 $253 $345 $189 $1,011 $900 $278 $402 2% 23% -17% 11% 9% 10% 15% 10% 3% 5% 9% 18% $283 $640 $1,062 $916 $746 $267 $531 $1,041 $930 $630 20% -14% 14% 11% -8% 27% 4% 17% 10% 9% THE REAL ESTATE BOARD OF NEW YORK, NEW YORK CITY RESIDENTIAL REPORT 2Q15 | 22 APARTMENT SALE PRICE PER SQ. FT. (includes all condominium and cooperative units) MEDIAN Brooklyn Bath Beach Bay Ridge / Fort Hamilton Bedford Stuyvesant Bensonhurst Bergen Beach Boerum Hill Borough Park Brighton Beach Brooklyn Heights Brownsville / Ocean Hill Bushwick / Wyckoff Heights Canarsie Carroll Gardens Clinton Hill Cobble Hill Columbia Street Waterfront District Coney Island Crown Heights Cypress Hills Downtown Dyker Heights East Flatbush East New York / Spring Creek Flatbush / Prospect Park South Flatlands Fort Greene Gerritsen Beach Gowanus Gravesend / Mapleton Greenpoint Kensington / Parkville Manhattan Beach Marine Park / Madison Midwood Mill Basin Park Slope Prospect Heights Prospect Park Lefferts Gardens Red Hook SeaGate Sheepshead Bay Sunset Park Vinegar Hill / Dumbo Williamsburg Windsor Terrace 2q15 1q15 2q14 $638 $448 $353 $641 $421 $318 $1,145 $474 $574 $1,068 $413 $766 $392 $1,021 $815 $937 $868 $388 $690 $640 $427 $371 $718 $360 $399 $992 $443 $626 $941 $249 $674 $211 $871 $873 $979 $958 $346 $693 $1,133 $501 $227 $312 $559 $217 $841 $1,126 $462 $295 $293 $508 $221 $970 $598 $331 $390 $574 $316 $371 $961 $420 $452 $974 $246 $703 $272 $1,032 $741 $997 $1,094 $362 $622 $224 $891 $509 $256 $292 $446 $199 $579 $980 $338 $996 $411 $660 $315 $1,048 $534 $238 $293 $182 $1,069 $929 $314 $289 $324 $568 $1,250 $1,071 $614 Percent Change 1q15 2q14 0% 7% 5% 35% -5% -10% -11% 12% 17% 33% -20% -14% 15% 19% 7% 13% -8% 27% 13% 10% 66% 68% 14% 9% 86% 44% 17% -1% -7% 10% -4% -6% -9% -21% 12% 7% 0% 11% 1% 8% -23% 6% 10% -2% -13% 27% -2% -12% 7% 25% 9% 45% $900 $271 $958 $337 49% 7% -5% -23% 9% 25% 4% 22% $238 $300 $236 $930 $898 $314 $217 $341 $189 $1,000 $873 $306 $402 0% -2% -23% 15% 3% 0% 9% -14% -4% 7% 6% 3% $260 $640 $1,067 $1,002 $782 $254 $551 $1,064 $1,013 $580 25% -11% 17% 7% -21% 28% 3% 17% 6% 6% THE REAL ESTATE BOARD OF NEW YORK, NEW YORK CITY RESIDENTIAL REPORT 2Q15 | 23 CONDOMINIUM SALE PRICE AVERAGE Brooklyn Bath Beach Bay Ridge / Fort Hamilton Bedford Stuyvesant Bensonhurst Bergen Beach Boerum Hill Borough Park Brighton Beach Brooklyn Heights Brownsville / Ocean Hill Bushwick / Wyckoff Heights Canarsie Carroll Gardens Clinton Hill Cobble Hill Columbia Street Waterfront District Coney Island Crown Heights Cypress Hills Downtown Dyker Heights East Flatbush East New York / Spring Creek Flatbush / Prospect Park South Flatlands Fort Greene Gerritsen Beach Gowanus Gravesend / Mapleton Greenpoint Kensington / Parkville Manhattan Beach Marine Park / Madison Midwood Mill Basin Park Slope Prospect Heights Prospect Park Lefferts Gardens Red Hook SeaGate Sheepshead Bay Sunset Park Vinegar Hill / Dumbo Williamsburg Windsor Terrace Percent Change 1q15 2q14 2% 1% 4% -10% 2% 19% -4% 15% -12% 14% -8% -13% 20% 20% 4% 12% -8% 17% -14% -24% 88% 53% 12% 15% 66% 43% 26% 31% 41% 65% 36% 41% -10% -13% 43% -9% 9% 6% 2q15 1q15 2q14 $844 $482 $551 $651 $492 $375 $1,210 $558 $716 $1,055 $432 $612 $368 $1,186 $986 $917 $776 $452 $673 $824 $465 $541 $677 $559 $406 $1,012 $534 $782 $1,225 $230 $549 $221 $939 $701 $673 $866 $316 $616 $836 $535 $464 $568 $430 $432 $1,008 $499 $613 $1,396 $281 $533 $258 $908 $598 $652 $890 $496 $633 $1,118 $465 $363 $253 $604 $1,021 $525 9% -11% $252 $526 $891 $403 $278 $230 $550 1% 15% 26% 16% 31% 10% 10% $910 $1,204 $1,028 -24% -11% $813 $730 $931 $671 $556 $415 $894 $606 $608 $650 $863 $385 46% 76% 4% 11% 34% 12% 8% 74% $522 $449 $444 $315 40% 31% 18% 43% $1,280 $1,194 $364 $373 $342 $325 $1,122 $916 $513 $1,104 $1,073 $294 $380 14% 30% -29% 16% 11% 24% $435 $454 $405 $1,583 $1,073 $950 $373 $621 $1,261 $975 $768 $283 $506 $1,375 $1,139 $672 22% -35% 26% 10% 24% 61% -20% 15% -6% 41% Note: Sale price in thousands THE REAL ESTATE BOARD OF NEW YORK, NEW YORK CITY RESIDENTIAL REPORT 2Q15 | 24 CONDOMINIUM SALE PRICE MEDIAN Brooklyn Bath Beach Bay Ridge / Fort Hamilton Bedford Stuyvesant Bensonhurst Bergen Beach Boerum Hill Borough Park Brighton Beach Brooklyn Heights Brownsville / Ocean Hill Bushwick / Wyckoff Heights Canarsie Carroll Gardens Clinton Hill Cobble Hill Columbia Street Waterfront District Coney Island Crown Heights Cypress Hills Downtown Dyker Heights East Flatbush East New York / Spring Creek Flatbush / Prospect Park South Flatlands Fort Greene Gerritsen Beach Gowanus Gravesend / Mapleton Greenpoint Kensington / Parkville Manhattan Beach Marine Park / Madison Midwood Mill Basin Park Slope Prospect Heights Prospect Park Lefferts Gardens Red Hook SeaGate Sheepshead Bay Sunset Park Vinegar Hill / Dumbo Williamsburg Windsor Terrace Percent Change 1q15 2q14 -4% 1% 14% -6% -9% 16% 3% 21% -7% 16% -1% 4% 25% 22% 1% 15% -14% 49% -18% -1% 72% 42% 26% 17% 144% 21% 61% 46% 43% 74% 90% 101% -23% -23% 42% -11% 1% 26% 2q15 1q15 2q14 $700 $503 $520 $634 $500 $440 $1,185 $565 $695 $969 $395 $626 $401 $1,210 $950 $917 $699 $450 $630 $727 $442 $573 $617 $538 $445 $944 $560 $804 $1,188 $230 $497 $164 $750 $664 $483 $906 $316 $625 $692 $535 $450 $525 $430 $425 $975 $490 $466 $975 $278 $533 $330 $828 $546 $456 $903 $506 $500 $964 $465 $363 $275 $577 $925 $525 4% -11% $258 $550 $835 $403 $280 $244 $550 6% 5% 15% 16% 29% 13% 5% $790 $1,030 $1,075 -23% -27% $609 $510 $855 $705 $540 $400 $970 $560 $585 $511 $722 $385 13% 28% -12% 26% 4% 0% 18% 83% $522 $440 $389 $330 40% 28% 34% 34% $1,205 $1,171 $206 $373 $344 $325 $995 $865 $575 $960 $869 $150 $380 21% 35% -64% 26% 35% 38% $435 $452 $355 $1,450 $901 $950 $370 $586 $1,168 $837 $810 $255 $446 $1,227 $910 $635 22% -39% 24% 8% 17% 77% -20% 18% -1% 50% Note: Sale price in thousands THE REAL ESTATE BOARD OF NEW YORK, NEW YORK CITY RESIDENTIAL REPORT 2Q15 | 25 CONDOMINIUM SALE PRICE PER SQUARE FOOT AVERAGE Brooklyn Bath Beach Bay Ridge / Fort Hamilton Bedford Stuyvesant Bensonhurst Bergen Beach Boerum Hill Borough Park Brighton Beach Brooklyn Heights Brownsville / Ocean Hill Bushwick / Wyckoff Heights Canarsie Carroll Gardens Clinton Hill Cobble Hill Columbia Street Waterfront District Coney Island Crown Heights Cypress Hills Downtown Dyker Heights East Flatbush East New York / Spring Creek Flatbush / Prospect Park South Flatlands Fort Greene Gerritsen Beach Gowanus Gravesend / Mapleton Greenpoint Kensington / Parkville Manhattan Beach Marine Park / Madison Midwood Mill Basin Park Slope Prospect Heights Prospect Park Lefferts Gardens Red Hook SeaGate Sheepshead Bay Sunset Park Vinegar Hill / Dumbo Williamsburg Windsor Terrace Percent Change 1q15 2q14 0% 3% 5% -21% 2% 11% -15% 0% -13% 28% -15% -12% 13% 15% 9% 5% 0% 24% 1% 7% 96% 58% 23% 13% 69% 32% 19% -6% 5% 28% 9% 24% -8% -23% 33% -9% 21% 24% 2q15 1q15 2q14 $801 $463 $555 $550 $440 $313 $1,056 $458 $645 $1,136 $490 $793 $356 $1,011 $901 $938 $887 $445 $742 $800 $442 $542 $649 $508 $367 $938 $419 $646 $1,125 $249 $647 $211 $851 $857 $860 $969 $335 $615 $775 $584 $498 $550 $345 $357 $921 $435 $520 $1,059 $310 $703 $271 $1,081 $705 $757 $1,146 $488 $597 $1,156 $501 $396 $317 $652 $1,139 $462 $295 $548 $942 $509 $253 $278 $611 8% 19% 23% -2% 57% 14% 7% $985 $1,214 $930 -19% 6% $879 $538 $935 $612 $688 $459 $997 $558 $889 $431 $966 $435 28% 17% -6% 10% -1% 25% -3% 41% $513 $464 $402 $392 18% 31% 28% 18% $1,095 $1,110 $274 $435 $355 $312 $992 $881 $284 $1,079 $926 $190 $402 10% 26% -4% 1% 20% 44% $289 $441 $571 $1,219 $1,021 $753 $427 $698 $1,061 $920 $848 $315 $575 $1,041 $953 $720 3% -18% 15% 11% -11% 40% -1% 17% 7% 5% 2% 8% THE REAL ESTATE BOARD OF NEW YORK, NEW YORK CITY RESIDENTIAL REPORT 2Q15 | 26 CONDOMINIUM SALE PRICE PER SQUARE FOOT MEDIAN Brooklyn Bath Beach Bay Ridge / Fort Hamilton Bedford Stuyvesant Bensonhurst Bergen Beach Boerum Hill Borough Park Brighton Beach Brooklyn Heights Brownsville / Ocean Hill Bushwick / Wyckoff Heights Canarsie Carroll Gardens Clinton Hill Cobble Hill Columbia Street Waterfront District Coney Island Crown Heights Cypress Hills Downtown Dyker Heights East Flatbush East New York / Spring Creek Flatbush / Prospect Park South Flatlands Fort Greene Gerritsen Beach Gowanus Gravesend / Mapleton Greenpoint Kensington / Parkville Manhattan Beach Marine Park / Madison Midwood Mill Basin Park Slope Prospect Heights Prospect Park Lefferts Gardens Red Hook SeaGate Sheepshead Bay Sunset Park Vinegar Hill / Dumbo Williamsburg Windsor Terrace Percent Change 1q15 2q14 -2% -2% 5% -19% 10% 16% -11% 12% -22% 22% -20% -14% 7% 15% 8% 7% -1% 34% 0% 9% 66% 68% 14% 9% 86% 44% 23% -6% 6% 24% 35% 30% -9% -21% 29% -10% 4% 11% 2q15 1q15 2q14 $794 $473 $592 $641 $421 $318 $1,076 $478 $645 $1,136 $413 $766 $392 $1,021 $873 $937 $868 $432 $690 $808 $452 $537 $718 $538 $399 $1,010 $443 $654 $1,138 $249 $674 $211 $830 $826 $693 $958 $335 $661 $809 $584 $512 $574 $345 $371 $934 $447 $481 $1,039 $246 $703 $272 $1,089 $705 $720 $1,094 $478 $623 $1,166 $501 $396 $312 $773 $1,139 $462 $293 $545 $961 $509 $255 $292 $611 6% 42% 21% -2% 55% 7% 26% $971 $1,083 $1,050 -10% -8% $980 $474 $996 $654 $660 $472 $1,105 $590 $900 $441 $966 $435 49% 0% -10% 11% 9% 7% 3% 50% $513 $464 $378 $357 22% 31% 36% 30% $1,114 $1,041 $123 $422 $355 $312 $1,007 $919 $352 $1,084 $904 $112 $402 11% 13% -65% 3% 15% 10% $289 $451 $599 $1,251 $1,071 $753 $432 $690 $1,063 $1,010 $832 $336 $591 $1,064 $1,021 $751 4% -13% 18% 6% -10% 34% 1% 18% 5% 0% 2% 8% THE REAL ESTATE BOARD OF NEW YORK, NEW YORK CITY RESIDENTIAL REPORT 2Q15 | 27 COOPERATIVE SALE PRICE AVERAGE Brooklyn Bath Beach Bay Ridge / Fort Hamilton Bedford Stuyvesant Bensonhurst Bergen Beach Boerum Hill Borough Park Brighton Beach Brooklyn Heights Brownsville / Ocean Hill Bushwick / Wyckoff Heights Canarsie Carroll Gardens Clinton Hill Cobble Hill Columbia Street Waterfront District Coney Island Crown Heights Cypress Hills Downtown Dyker Heights East Flatbush East New York / Spring Creek Flatbush / Prospect Park South Flatlands Fort Greene Gerritsen Beach Gowanus Gravesend / Mapleton Greenpoint Kensington / Parkville Manhattan Beach Marine Park / Madison Midwood Mill Basin Park Slope Prospect Heights Prospect Park Lefferts Gardens Red Hook SeaGate Sheepshead Bay Sunset Park Vinegar Hill / Dumbo Williamsburg Windsor Terrace 2q15 1q15 2q14 $435 $236 $275 $436 $233 $236 $148 $216 $414 $200 $267 $453 $202 $789 $295 $332 $1,015 $792 $263 $263 $779 $878 $595 $976 $709 $469 $969 $291 $439 $283 $615 $541 Percent Change 1q15 2q14 0% 5% 1% 18% 16% 3% -31% -27% $676 $279 $280 $856 0% 12% 26% 30% 17% 6% 19% 19% $157 $134 $860 $511 $780 24% 27% 1% 2% 17% 25% 3% -29% 10% 61% $409 $265 $272 $185 $389 32% 39% $209 $214 $179 -3% 17% $367 $188 $632 $396 $183 $636 $365 $166 $506 -7% 2% -1% 0% 13% 25% $233 $380 $311 $207 $1,053 $304 $203 $800 $246 13% -64% 2% 15% -53% 26% $181 $288 $145 $697 $682 $314 $182 $208 $119 $894 $786 $278 $170 $282 $141 $760 $748 $248 -1% 38% 22% -22% -13% 13% 6% 2% 3% -8% -9% 26% $176 $345 $1,073 $345 $507 $186 $443 $1,475 $308 $476 $180 $239 -5% -22% -27% 12% 7% -3% 44% $271 $410 27% 24% Note: Sale price in thousands THE REAL ESTATE BOARD OF NEW YORK, NEW YORK CITY RESIDENTIAL REPORT 2Q15 | 28 COOPERATIVE SALE PRICE MEDIAN Brooklyn Bath Beach Bay Ridge / Fort Hamilton Bedford Stuyvesant Bensonhurst Bergen Beach Boerum Hill Borough Park Brighton Beach Brooklyn Heights Brownsville / Ocean Hill Bushwick / Wyckoff Heights Canarsie Carroll Gardens Clinton Hill Cobble Hill Columbia Street Waterfront District Coney Island Crown Heights Cypress Hills Downtown Dyker Heights East Flatbush East New York / Spring Creek Flatbush / Prospect Park South Flatlands Fort Greene Gerritsen Beach Gowanus Gravesend / Mapleton Greenpoint Kensington / Parkville Manhattan Beach Marine Park / Madison Midwood Mill Basin Park Slope Prospect Heights Prospect Park Lefferts Gardens Red Hook SeaGate Sheepshead Bay Sunset Park Vinegar Hill / Dumbo Williamsburg Windsor Terrace 2q15 1q15 2q14 $325 $222 $245 $295 $225 $227 $148 $225 $310 $205 $247 $429 $200 $655 $247 $312 $719 $750 $178 $240 $569 $930 $550 $849 $835 $475 $925 $257 $455 $265 $600 $533 Percent Change 1q15 2q14 10% 5% -1% 8% 8% -1% -34% -26% $765 $300 $260 $665 -13% 39% 30% 26% -14% -18% 20% 8% $157 $134 $830 $448 $590 11% 16% -8% 12% 23% 44% -3% -24% 1% 52% $305 $255 $299 $185 $357 75% 49% $182 $194 $143 -6% 27% $374 $188 $470 $355 $178 $536 $357 $160 $500 5% 6% -12% 5% 17% -6% $229 $380 $299 $205 $1,053 $284 $195 $800 $234 12% -64% 5% 17% -53% 28% $165 $220 $130 $652 $620 $304 $157 $215 $119 $759 $782 $283 $176 $272 $141 $671 $700 $275 5% 3% 9% -14% -21% 7% -6% -19% -7% -3% -11% 10% $160 $321 $1,073 $293 $380 $171 $400 $1,475 $331 $483 $152 $220 -7% -20% -27% -11% -21% 6% 46% $275 $376 6% 1% Note: Sale price in thousands THE REAL ESTATE BOARD OF NEW YORK, NEW YORK CITY RESIDENTIAL REPORT 2Q15 | 29 COOPERATIVE SALE PRICE PER SQUARE FOOT AVERAGE Brooklyn Bath Beach Bay Ridge / Fort Hamilton Bedford Stuyvesant Bensonhurst Bergen Beach Boerum Hill Borough Park Brighton Beach Brooklyn Heights Brownsville / Ocean Hill Bushwick / Wyckoff Heights Canarsie Carroll Gardens Clinton Hill Cobble Hill Columbia Street Waterfront District Coney Island Crown Heights Cypress Hills Downtown Dyker Heights East Flatbush East New York / Spring Creek Flatbush / Prospect Park South Flatlands Fort Greene Gerritsen Beach Gowanus Gravesend / Mapleton Greenpoint Kensington / Parkville Manhattan Beach Marine Park / Madison Midwood Mill Basin Park Slope Prospect Heights Prospect Park Lefferts Gardens Red Hook SeaGate Sheepshead Bay Sunset Park Vinegar Hill / Dumbo Williamsburg Windsor Terrace Percent Change 1q15 2q14 -10% -6% 14% 32% -7% -6% 2q15 1q15 2q14 $509 $398 $353 $566 $348 $379 $539 $302 $377 $322 $299 $1,254 $278 $400 $937 $996 $403 $341 $902 $1,059 $182 $364 $968 26% -31% 17% 4% 18% 52% 10% -3% $1,032 $800 $1,204 $861 $1,113 $968 $756 $1,244 -14% -7% 7% 6% $334 $583 $372 $876 -10% -33% -7% 46% $731 $752 $358 $400 $224 $583 -3% 25% $250 $291 $290 -14% -14% $530 $217 $708 $524 $218 $770 $459 $183 $621 1% -1% -8% 16% 19% 14% $287 $250 $870 $345 3% 15% $394 $278 $907 $490 -20% 14% $263 $363 $195 $1,008 $829 $388 $261 $300 $160 $932 $911 $305 $212 $337 $189 $947 $889 $403 1% 21% 22% 8% -9% 27% 24% 8% 3% 6% -7% -4% $281 $526 $1,130 $260 $568 $1,069 $625 $712 $261 $341 8% -7% 6% 8% 55% -5% 13% $676 $389 $601 THE REAL ESTATE BOARD OF NEW YORK, NEW YORK CITY RESIDENTIAL REPORT 2Q15 | 30 COOPERATIVE SALE PRICE PER SQUARE FOOT MEDIAN Brooklyn Bath Beach Bay Ridge / Fort Hamilton Bedford Stuyvesant Bensonhurst Bergen Beach Boerum Hill Borough Park Brighton Beach Brooklyn Heights Brownsville / Ocean Hill Bushwick / Wyckoff Heights Canarsie Carroll Gardens Clinton Hill Cobble Hill Columbia Street Waterfront District Coney Island Crown Heights Cypress Hills Downtown Dyker Heights East Flatbush East New York / Spring Creek Flatbush / Prospect Park South Flatlands Fort Greene Gerritsen Beach Gowanus Gravesend / Mapleton Greenpoint Kensington / Parkville Manhattan Beach Marine Park / Madison Midwood Mill Basin Park Slope Prospect Heights Prospect Park Lefferts Gardens Red Hook SeaGate Sheepshead Bay Sunset Park Vinegar Hill / Dumbo Williamsburg Windsor Terrace Percent Change 1q15 2q14 -10% -10% 18% 25% -9% -9% 2q15 1q15 2q14 $390 $398 $335 $434 $338 $367 $433 $318 $369 $323 $299 $1,282 $278 $393 $1,000 $900 $358 $365 $898 $1,059 $201 $393 $957 42% -22% 8% 11% 21% 38% 0% 4% $1,032 $781 $1,204 $915 $1,179 $940 $778 $1,200 -14% -15% 10% 0% $322 $583 $346 $933 -7% -37% -7% 46% $726 $699 $345 $400 $224 $606 4% 20% $214 $295 $281 -27% -24% $542 $217 $670 $508 $221 $740 $440 $199 $561 7% -2% -9% 23% 9% 19% $280 $250 $870 $331 8% 12% $384 $260 $907 $533 -28% 16% $234 $282 $182 $1,035 $843 $351 $209 $295 $160 $914 $890 $302 $209 $328 $189 $933 $869 $433 12% -4% 14% 13% -5% 16% 12% -14% -4% 11% -3% -19% $270 $549 $1,130 $243 $562 $1,069 $625 $702 $253 $325 11% -2% 6% 7% 69% -15% 7% $595 $323 $556 THE REAL ESTATE BOARD OF NEW YORK, NEW YORK CITY RESIDENTIAL REPORT 2Q15 | 31 ONE – THREE FAMILY DWELLING SALE PRICE AVERAGE Brooklyn Bath Beach Bay Ridge / Fort Hamilton Bedford Stuyvesant Bensonhurst Bergen Beach Boerum Hill Borough Park Brighton Beach Brooklyn Heights Brownsville / Ocean Hill Bushwick / Wyckoff Heights Canarsie Carroll Gardens Clinton Hill Cobble Hill Columbia Street Waterfront District Coney Island Crown Heights Cypress Hills Downtown Dyker Heights East Flatbush East New York / Spring Creek Flatbush / Prospect Park South Flatlands Fort Greene Gerritsen Beach Gowanus Gravesend / Mapleton Greenpoint Kensington / Parkville Manhattan Beach Marine Park / Madison Midwood Mill Basin Park Slope Prospect Heights Prospect Park Lefferts Gardens Red Hook SeaGate Sheepshead Bay Sunset Park Vinegar Hill / Dumbo Williamsburg Windsor Terrace 2q15 1q15 2q14 $882 $1,008 $932 $937 $872 $615 $1,945 $910 $581 $7,563 $564 $754 $465 $2,444 $1,933 $5,376 $2,800 $363 $862 $407 $1,275 $993 $437 $378 $780 $438 $2,603 $367 $1,518 $989 $1,440 $939 $1,426 $610 $948 $622 $2,468 $1,952 $739 $1,424 $430 $607 $962 $4,020 $1,691 $1,420 $830 $847 $926 $882 $895 $643 $2,649 $1,027 $496 $4,155 $553 $686 $417 $2,753 $2,189 $3,250 $1,000 $400 $787 $423 $3,115 $897 $415 $382 $932 $427 $1,610 $335 $1,635 $981 $1,424 $978 $1,857 $600 $956 $537 $2,213 $2,144 $752 $1,532 $372 $543 $933 $787 $844 $830 $747 $896 $579 $2,008 $970 $432 $5,505 $510 $585 $408 $2,399 $1,422 $2,268 $1,875 $427 $776 $366 $3,939 $747 $403 $374 $535 $457 $2,126 $321 $1,131 $813 $1,350 $921 $1,133 $545 $792 $648 $2,140 $2,242 $686 $976 $698 $533 $806 $1,493 $1,215 $1,100 $1,210 Percent Change 1q15 2q14 6% 12% 19% 20% 1% 12% 6% 25% -3% -3% -4% 6% -27% -3% -11% -6% 17% 35% 82% 37% 2% 10% 10% 29% 11% 14% -11% 2% -12% 36% 65% 137% 180% 49% -9% -15% 10% 11% -4% 11% -59% -68% 11% 33% 5% 9% -1% 1% -16% 46% 3% -4% 62% 22% 10% 14% -7% 34% 1% 22% 1% 7% -4% 2% -23% 26% 2% 12% -1% 20% 16% -4% 12% 15% -9% -13% -2% 8% -7% 46% 16% -38% 12% 14% 3% 19% 13% 17% 54% 17% Note: Sale price in thousands THE REAL ESTATE BOARD OF NEW YORK, NEW YORK CITY RESIDENTIAL REPORT 2Q15 | 32 ONE – THREE FAMILY DWELLING SALE PRICE MEDIAN Brooklyn Bath Beach Bay Ridge / Fort Hamilton Bedford Stuyvesant Bensonhurst Bergen Beach Boerum Hill Borough Park Brighton Beach Brooklyn Heights Brownsville / Ocean Hill Bushwick / Wyckoff Heights Canarsie Carroll Gardens Clinton Hill Cobble Hill Columbia Street Waterfront District Coney Island Crown Heights Cypress Hills Downtown Dyker Heights East Flatbush East New York / Spring Creek Flatbush / Prospect Park South Flatlands Fort Greene Gerritsen Beach Gowanus Gravesend / Mapleton Greenpoint Kensington / Parkville Manhattan Beach Marine Park / Madison Midwood Mill Basin Park Slope Prospect Heights Prospect Park Lefferts Gardens Red Hook SeaGate Sheepshead Bay Sunset Park Vinegar Hill / Dumbo Williamsburg Windsor Terrace 2q15 1q15 2q14 $700 $825 $860 $900 $899 $620 $2,000 $889 $588 $7,650 $500 $750 $470 $2,600 $2,300 $3,844 $2,800 $389 $781 $436 $1,275 $953 $407 $357 $780 $470 $2,799 $340 $1,390 $800 $1,600 $855 $1,190 $610 $940 $564 $2,200 $1,830 $535 $1,200 $453 $615 $980 $4,175 $1,753 $1,450 $665 $843 $900 $850 $888 $650 $2,060 $975 $475 $5,650 $577 $680 $436 $2,550 $2,144 $3,539 $1,000 $392 $734 $462 $3,115 $870 $403 $403 $932 $440 $1,750 $345 $1,610 $830 $1,550 $875 $1,548 $600 $825 $520 $2,125 $2,570 $550 $1,560 $413 $575 $950 $610 $790 $825 $738 $910 $575 $1,628 $926 $360 $5,750 $470 $550 $425 $2,194 $1,470 $2,268 $1,875 $380 $660 $350 $3,939 $725 $410 $368 $535 $423 $2,048 $323 $1,315 $700 $1,390 $850 $993 $545 $714 $515 $1,900 $2,941 $533 $803 $523 $515 $850 $1,490 $1,325 $850 $1,100 Percent Change 1q15 2q14 5% 15% -2% 4% -4% 4% 6% 22% 1% -1% -5% 8% -3% 23% -9% -4% 24% 63% 35% 33% -13% 6% 10% 36% 8% 10% 2% 19% 7% 56% 9% 70% 180% 49% -1% 2% 6% 18% -6% 25% -59% -68% 9% 31% 1% -1% -11% -3% -16% 46% 7% 11% 60% 37% -1% 5% -14% 6% -4% 14% 3% 15% -2% 1% -23% 20% 2% 12% 14% 32% 8% 9% 4% 16% -29% -38% -3% 0% -23% 50% 10% -13% 7% 20% 3% 15% 18% 9% 106% 32% Note: Sale price in thousands THE REAL ESTATE BOARD OF NEW YORK, NEW YORK CITY RESIDENTIAL REPORT 2Q15 | 33 HOME SALE PRICE (includes all condominium, cooperative units and 1 – 3 family dwellings) AVERAGE Queens Astoria Bayside Beechhurst/Whitestone Breezy Point/Belle Harbor/ Rockaway Park Briarwood/Jamaica Hills/Hillcrest College Point Corona/East Elmhurst Douglaston/Little Neck Floral Park/Bellerose Flushing Fresh Meadows/Oakland Gardens Howard Beach/Broadchannel Jackson Heights/Elmhurst Jamaica Estates/Holliswood Laurelton/Cambria Heights/ St. Albans/Rosedale Long Island City Middle Village/Maspeth Queens Village/Hollis Rego Park/Forest Hills/Kew Gardens Richmond Hill/ South Ozone Park/Woodhaven Ridgewood/Glendale Rockaways/Averne Springfield Gardens/Jamaica/ South Jamaica/Baisley Park Sunnyside/Woodside 2q15 1q15 2q14 $469 $599 $555 $527 $668 $407 $674 $580 $544 $450 $542 $424 $341 $413 $630 $364 $870 $595 $390 $437 $448 $592 $431 $376 $374 $471 $656 $582 $579 $519 $439 $600 $522 $514 $406 $517 $418 $358 $423 $682 $364 $884 $610 $392 $447 $443 $559 $456 $353 $388 $431 $575 $551 $508 $558 $388 $577 $471 $501 $420 $515 $416 $367 $387 $673 $344 $841 $518 $377 $344 $412 $473 $376 $319 $347 2q15 1q15 2q14 $410 $480 $540 $415 $640 $308 $678 $555 $536 $440 $502 $240 $250 $330 $693 $375 $795 $589 $405 $275 $435 $578 $375 $370 $307 $410 $542 $579 $543 $575 $396 $540 $519 $310 $388 $499 $262 $261 $334 $726 $365 $800 $623 $395 $288 $430 $570 $407 $343 $289 $375 $524 $535 $487 $512 $285 $590 $460 $375 $435 $471 $235 $285 $322 $715 $350 $760 $530 $386 $253 $405 $499 $324 $315 $269 Percent Change 1q15 2q14 0% 9% -9% 4% -5% 1% -9% 4% 29% 20% -7% 5% 12% 17% 11% 23% 6% 9% 11% 7% 5% 5% 2% 2% -5% -7% -2% 7% -8% -6% 0% 6% -2% 3% -2% 15% -1% 3% -2% 27% 1% 9% 6% 25% -6% 15% 7% 18% -3% 8% MEDIAN Queens Astoria Bayside Beechhurst/Whitestone Breezy Point/Belle Harbor/ Rockaway Park Briarwood/Jamaica Hills/Hillcrest College Point Corona/East Elmhurst Douglaston/Little Neck Floral Park/Bellerose Flushing Fresh Meadows/Oakland Gardens Howard Beach/Broadchannel Jackson Heights/Elmhurst Jamaica Estates/Holliswood Laurelton/Cambria Heights/ St. Albans/Rosedale Long Island City Middle Village/Maspeth Queens Village/Hollis Rego Park/Forest Hills/Kew Gardens Richmond Hill/ South Ozone Park/Woodhaven Ridgewood/Glendale Rockaways/Averne Springfield Gardens/Jamaica/ South Jamaica/Baisley Park Sunnyside/Woodside Percent Change 1q15 2q14 0% 9% -11% -8% -7% 1% -24% -15% 11% 25% -22% 8% 26% 15% 7% 21% 73% 43% 14% 1% 1% 7% -8% 2% -4% -12% -1% 3% -5% -3% 3% 7% -1% 5% -5% 11% 3% 5% -5% 9% 1% 7% 1% 16% -8% 16% 8% 17% 6% 14% Note: Sale price in thousands THE REAL ESTATE BOARD OF NEW YORK, NEW YORK CITY RESIDENTIAL REPORT 2Q15 | 34 APARTMENT SALE PRICE (includes all condominium, cooperative units) AVERAGE Queens Astoria Bayside Beechhurst/Whitestone Breezy Point/Belle Harbor/ Rockaway Park Briarwood/Jamaica Hills/Hillcrest College Point Corona/East Elmhurst Douglaston/Little Neck Floral Park/Bellerose Flushing Fresh Meadows/Oakland Gardens Howard Beach/Broadchannel Jackson Heights/Elmhurst Jamaica Estates/Holliswood Laurelton/Cambria Heights/ St. Albans/Rosedale Long Island City Middle Village/Maspeth Queens Village/Hollis Rego Park/Forest Hills/Kew Gardens Richmond Hill/ South Ozone Park/Woodhaven Ridgewood/Glendale Rockaways/Averne Springfield Gardens/Jamaica/ South Jamaica/Baisley Park Sunnyside/Woodside 2q15 1q15 2q14 $310 $396 $323 $259 $252 $215 $437 $316 $293 $382 $350 $220 $178 $274 $156 $240 $893 $259 $179 $295 $213 $334 $267 $196 $283 $293 $381 $328 $273 $201 $214 $461 $210 $235 $345 $297 $217 $169 $275 $159 $119 $849 $234 $291 $267 $279 $273 $134 $272 $285 $338 $314 $292 $213 $189 $467 $209 $257 $357 $316 $197 $165 $242 $214 $115 $861 $257 $157 $271 $264 $211 $327 $126 $260 2q15 1q15 2q14 $249 $406 $280 $243 $240 $173 $433 $355 $250 $245 $289 $204 $155 $255 $143 $270 $797 $213 $176 $251 $213 $335 $280 $158 $253 $238 $321 $262 $228 $190 $185 $480 $175 $215 $248 $264 $210 $159 $243 $152 $119 $767 $240 $231 $295 $270 $243 $215 $164 $420 $152 $236 $247 $280 $187 $155 $215 $233 $115 $767 $251 $157 $240 $320 $168 $290 $120 $240 Percent Change 1q15 2q14 6% 9% 4% 17% -2% 3% -5% -11% 25% 18% 0% 14% -5% -6% 51% 51% 25% 14% 11% 7% 18% 11% 2% 12% 5% 7% 0% 13% -2% -27% 102% 109% 5% 4% 11% 1% 14% 1% 9% -20% -20% 20% 58% -2% -19% 47% 56% 4% 9% MEDIAN Queens Astoria Bayside Beechhurst/Whitestone Breezy Point/Belle Harbor/ Rockaway Park Briarwood/Jamaica Hills/Hillcrest College Point Corona/East Elmhurst Douglaston/Little Neck Floral Park/Bellerose Flushing Fresh Meadows/Oakland Gardens Howard Beach/Broadchannel Jackson Heights/Elmhurst Jamaica Estates/Holliswood Laurelton/Cambria Heights/ St. Albans/Rosedale Long Island City Middle Village/Maspeth Queens Village/Hollis Rego Park/Forest Hills/Kew Gardens Richmond Hill/ South Ozone Park/Woodhaven Ridgewood/Glendale Rockaways/Averne Springfield Gardens/Jamaica/ South Jamaica/Baisley Park Sunnyside/Woodside Note: Sale price in thousands $245 $335 $222 $290 $135 $245 Percent Change 1q15 2q14 5% 8% 26% 37% 7% 4% 7% 0% 26% 11% -7% 5% -10% 3% 103% 133% 16% 6% -1% -1% 10% 3% -3% 9% -3% 0% 5% 19% -6% -39% 127% 135% 4% 4% -11% -15% 12% 2% 4% -37% -34% 51% 99% -3% -3% 17% 31% 3% 5% THE REAL ESTATE BOARD OF NEW YORK, NEW YORK CITY RESIDENTIAL REPORT 2Q15 | 35 APARTMENT SALE PRICE PER SQ. FT. (includes all condominium and cooperative units) AVERAGE Queens Astoria Bayside Beechhurst/Whitestone Breezy Point/Belle Harbor/ Rockaway Park Briarwood/Jamaica Hills/Hillcrest College Point Corona/East Elmhurst Douglaston/Little Neck Floral Park/Bellerose Flushing Fresh Meadows/Oakland Gardens Howard Beach/Broadchannel Jackson Heights/Elmhurst Jamaica Estates/Holliswood Laurelton/Cambria Heights/ St. Albans/Rosedale Long Island City Middle Village/Maspeth Queens Village/Hollis Rego Park/Forest Hills/Kew Gardens Richmond Hill/ South Ozone Park/Woodhaven Ridgewood/Glendale Rockaways/Averne Springfield Gardens/Jamaica/ South Jamaica/Baisley Park Sunnyside/Woodside Percent Change 1q15 2q14 2q15 1q15 2q14 $433 $382 $379 13% 14% $668 $413 $365 $328 $383 $460 $373 $383 $419 $520 $355 $204 $391 $219 $141 $1,054 $330 $608 $410 $324 $341 $366 $293 $304 $303 $409 $382 $357 $189 $356 $189 $578 $395 $372 $295 $291 $343 $284 $297 $385 $412 $312 $180 $339 $221 10% 1% 13% -4% 5% 57% 23% 27% 2% 36% 0% 8% 10% 16% 16% 5% -2% 11% 31% 34% 32% 29% 9% 26% 14% 13% 15% -1% $981 $323 $940 $354 7% 2% 12% -7% $378 $276 $390 $210 $306 $439 $369 $231 $292 $302 $220 $400 $362 $242 $269 $322 $190 $375 2% 20% 34% -30% 39% 10% 4% 14% 45% -35% 61% 17% 2q15 1q15 2q14 $397 $674 $393 $336 $335 $446 $455 $383 $389 $440 $546 $366 $192 $399 $212 $141 $1,084 $296 $336 $638 $408 $321 $247 $357 $405 $300 $264 $348 $328 $339 $215 $344 $209 $333 $619 $360 $355 $294 $271 $311 $246 $263 $371 $380 $308 $178 $318 $214 $789 $250 $350 $322 $221 $249 $204 $217 $399 $922 $326 37% 18% 18% -9% $336 $242 $238 $317 $189 $384 11% 25% 65% 6% 34% 4% 6% 14% 73% -32% 54% 8% MEDIAN Queens Astoria Bayside Beechhurst/Whitestone Breezy Point/Belle Harbor/ Rockaway Park Briarwood/Jamaica Hills/Hillcrest College Point Corona/East Elmhurst Douglaston/Little Neck Floral Park/Bellerose Flushing Fresh Meadows/Oakland Gardens Howard Beach/Broadchannel Jackson Heights/Elmhurst Jamaica Estates/Holliswood Laurelton/Cambria Heights/ St. Albans/Rosedale Long Island City Middle Village/Maspeth Queens Village/Hollis Rego Park/Forest Hills/Kew Gardens Richmond Hill/ South Ozone Park/Woodhaven Ridgewood/Glendale Rockaways/Averne Springfield Gardens/Jamaica/ South Jamaica/Baisley Park Sunnyside/Woodside $357 $276 $411 $216 $291 $415 Percent Change 1q15 2q14 18% 19% 6% 9% -4% 9% 5% -5% 36% 14% 25% 64% 13% 47% 28% 56% 47% 48% 26% 19% 66% 44% 8% 19% -11% 8% 16% 25% 1% -1% THE REAL ESTATE BOARD OF NEW YORK, NEW YORK CITY RESIDENTIAL REPORT 2Q15 | 36 CONDOMINIUM SALE PRICE AVERAGE Queens Astoria Bayside Beechhurst/Whitestone Breezy Point/Belle Harbor/ Rockaway Park Briarwood/Jamaica Hills/Hillcrest College Point Corona/East Elmhurst Douglaston/Little Neck Floral Park/Bellerose Flushing Fresh Meadows/Oakland Gardens Howard Beach/Broadchannel Jackson Heights/Elmhurst Jamaica Estates/Holliswood Laurelton/Cambria Heights/ St. Albans/Rosedale Long Island City Middle Village/Maspeth Queens Village/Hollis Rego Park/Forest Hills/Kew Gardens Richmond Hill/ South Ozone Park/Woodhaven Ridgewood/Glendale Rockaways/Averne Springfield Gardens/Jamaica/ South Jamaica/Baisley Park Sunnyside/Woodside Percent Change 1q15 2q14 6% 6% -13% 6% 1% 13% -17% -13% 25% 4% 18% -5% -6% 32% 18% 6% -7% 2q15 1q15 2q14 $498 $484 $537 $414 $282 $399 $437 $370 $457 $468 $554 $534 $497 $468 $458 $477 $477 $225 $337 $467 $313 $493 $479 $594 $237 $356 $424 $365 $200 $358 $443 $313 $238 $329 $370 13% 63% 19% -1% 8% 90% 0% 8% $280 $991 $363 $992 $317 $917 $322 0% 14% 8% 12% $511 $267 $407 $273 0% 18% 20% -2% $386 $456 $264 $384 $327 $150 $343 12% 19% 27% -19% 167% 27% 2q15 1q15 2q14 $450 $479 $546 $410 $260 $411 $433 $386 $530 $410 $513 $520 $595 $403 $490 $428 $436 $225 $320 $420 $310 $468 $460 $619 $250 $355 $404 $341 $200 $345 $405 $295 $236 $330 $370 14% 81% 25% 3% 14% 110% 6% 8% $280 $940 $448 $903 $317 $809 $354 4% 41% 16% 27% $491 $335 $430 $290 $395 $320 $385 $290 $150 $328 -9% -6% 6% -3% 14% -2% 19% -3% 167% 22% $511 $315 $488 $267 $400 $435 $383 $461 $281 $432 13% MEDIAN Queens Astoria Bayside Beechhurst/Whitestone Breezy Point/Belle Harbor/ Rockaway Park Briarwood/Jamaica Hills/Hillcrest College Point Corona/East Elmhurst Douglaston/Little Neck Floral Park/Bellerose Flushing Fresh Meadows/Oakland Gardens Howard Beach/Broadchannel Jackson Heights/Elmhurst Jamaica Estates/Holliswood Laurelton/Cambria Heights/ St. Albans/Rosedale Long Island City Middle Village/Maspeth Queens Village/Hollis Rego Park/Forest Hills/Kew Gardens Richmond Hill/ South Ozone Park/Woodhaven Ridgewood/Glendale Rockaways/Averne Springfield Gardens/Jamaica/ South Jamaica/Baisley Park Sunnyside/Woodside $450 $315 $456 $280 $400 $400 $389 $480 $254 $312 $379 Percent Change 1q15 2q14 10% 12% -7% -2% 5% 28% -31% -6% 16% 5% 28% -10% 3% 52% 25% 70% 13% 6% Note: Sale price in thousands THE REAL ESTATE BOARD OF NEW YORK, NEW YORK CITY RESIDENTIAL REPORT 2Q15 | 37 CONDOMINIUM SALE PRICE PER SQUARE FOOT AVERAGE Queens Astoria Bayside Beechhurst/Whitestone Breezy Point/Belle Harbor/ Rockaway Park Briarwood/Jamaica Hills/Hillcrest College Point Corona/East Elmhurst Douglaston/Little Neck Floral Park/Bellerose Flushing Fresh Meadows/Oakland Gardens Howard Beach/Broadchannel Jackson Heights/Elmhurst Jamaica Estates/Holliswood Laurelton/Cambria Heights/ St. Albans/Rosedale Long Island City Middle Village/Maspeth Queens Village/Hollis Rego Park/Forest Hills/Kew Gardens Richmond Hill/ South Ozone Park/Woodhaven Ridgewood/Glendale Rockaways/Averne Springfield Gardens/Jamaica/ South Jamaica/Baisley Park Sunnyside/Woodside Percent Change 1q15 2q14 6% 6% 4% 9% -3% 5% 26% 13% 13% 2% 16% 57% 34% -7% 1% 0% 16% 2q15 1q15 2q14 $567 $723 $585 $490 $364 $459 $460 $411 $448 $536 $695 $604 $389 $534 $667 $556 $434 $322 $397 $343 $407 $387 $615 $354 $246 $466 $499 $489 $226 $423 $533 $392 $228 $426 $473 23% -28% 9% 10% 15% -10% 8% 9% $141 $1,054 $381 $1,016 $530 $953 $454 4% -28% 11% -16% $565 $231 $374 $302 -9% 20% 19% -30% $546 $475 $242 $433 $322 $185 $393 8% 14% 3% -35% 176% 47% 2q15 1q15 2q14 $533 $730 $612 $490 $352 $462 $455 $419 $473 $499 $762 $614 $389 $494 $662 $578 $434 $322 $412 $311 $446 $380 $613 $321 $263 $435 $518 $502 $220 $419 $537 $446 $248 $429 $473 18% -36% 20% 4% 14% -28% 6% 1% $141 $1,084 $381 $1,016 $530 $924 $503 7% -28% 17% -24% $566 $237 $438 $315 $473 $242 $412 $317 $185 $414 -16% 17% 0% -31% 1% 14% 6% -32% 176% 38% $513 $276 $444 $210 $509 $579 $452 $293 $443 $450 6% MEDIAN Queens Astoria Bayside Beechhurst/Whitestone Breezy Point/Belle Harbor/ Rockaway Park Briarwood/Jamaica Hills/Hillcrest College Point Corona/East Elmhurst Douglaston/Little Neck Floral Park/Bellerose Flushing Fresh Meadows/Oakland Gardens Howard Beach/Broadchannel Jackson Heights/Elmhurst Jamaica Estates/Holliswood Laurelton/Cambria Heights/ St. Albans/Rosedale Long Island City Middle Village/Maspeth Queens Village/Hollis Rego Park/Forest Hills/Kew Gardens Richmond Hill/ South Ozone Park/Woodhaven Ridgewood/Glendale Rockaways/Averne Springfield Gardens/Jamaica/ South Jamaica/Baisley Park Sunnyside/Woodside $476 $276 $438 $216 $509 $570 $449 $276 $470 $450 $526 Percent Change 1q15 2q14 7% 8% -4% 10% 0% 6% 26% 13% 9% 3% 12% 65% 47% -11% -6% 5% 24% 8% THE REAL ESTATE BOARD OF NEW YORK, NEW YORK CITY RESIDENTIAL REPORT 2Q15 | 38 COOPERATIVE SALE PRICE AVERAGE Queens Astoria Bayside Beechhurst/Whitestone Breezy Point/Belle Harbor/ Rockaway Park Briarwood/Jamaica Hills/Hillcrest College Point Corona/East Elmhurst Douglaston/Little Neck Floral Park/Bellerose Flushing Fresh Meadows/Oakland Gardens Howard Beach/Broadchannel Jackson Heights/Elmhurst Jamaica Estates/Holliswood Laurelton/Cambria Heights/ St. Albans/Rosedale Long Island City Middle Village/Maspeth Queens Village/Hollis Rego Park/Forest Hills/Kew Gardens Richmond Hill/ South Ozone Park/Woodhaven Ridgewood/Glendale Rockaways/Averne Springfield Gardens/Jamaica/ South Jamaica/Baisley Park Sunnyside/Woodside Percent Change 1q15 2q14 1% 8% 15% 26% -9% -4% -5% -3% 3% -1% -3% 0% 2q15 1q15 2q14 $249 $356 $235 $250 $206 $168 $247 $310 $259 $262 $201 $173 $231 $282 $246 $257 $209 $169 $187 $221 $382 $212 $200 $161 $254 $156 $160 $533 $197 $179 $270 $110 $161 $154 $199 $345 $226 $202 $162 $247 $159 $119 $499 $207 22% 11% 11% -6% -1% -1% 3% -2% 34% 7% -5% $265 $137 $200 $357 $212 $190 $149 $223 $196 $115 $508 $222 $157 $255 $184 $166 -12% -3% $171 $250 $134 $253 $123 $223 27% -1% 38% 12% 2q15 1q15 2q14 $218 $347 $220 $235 $206 $164 $218 $266 $239 $225 $190 $164 $203 $260 $220 $225 $206 $159 $140 $215 $245 $213 $200 $151 $228 $143 $160 $560 $160 $176 $243 $110 $165 $151 $213 $248 $218 $206 $155 $220 $152 $119 $492 $235 -7% 1% -1% -2% -3% -3% 3% -6% 34% 14% -32% $232 $123 $203 $247 $191 $185 $148 $199 $210 $115 $513 $235 $157 $228 5% 14% 6% -1% 12% 8% 2% 14% -32% 39% 9% -32% 12% 7% $173 $155 -4% 6% $154 $234 $135 $236 $118 $215 14% -1% 31% 9% 2% 36% 10% 7% 0% 5% 8% 14% -20% 39% 5% -11% 14% 6% MEDIAN Queens Astoria Bayside Beechhurst/Whitestone Breezy Point/Belle Harbor/ Rockaway Park Briarwood/Jamaica Hills/Hillcrest College Point Corona/East Elmhurst Douglaston/Little Neck Floral Park/Bellerose Flushing Fresh Meadows/Oakland Gardens Howard Beach/Broadchannel Jackson Heights/Elmhurst Jamaica Estates/Holliswood Laurelton/Cambria Heights/ St. Albans/Rosedale Long Island City Middle Village/Maspeth Queens Village/Hollis Rego Park/Forest Hills/Kew Gardens Richmond Hill/ South Ozone Park/Woodhaven Ridgewood/Glendale Rockaways/Averne Springfield Gardens/Jamaica/ South Jamaica/Baisley Park Sunnyside/Woodside Percent Change 1q15 2q14 0% 7% 30% 34% -8% 0% 4% 4% 9% 0% 0% 3% Note: Sale price in thousands THE REAL ESTATE BOARD OF NEW YORK, NEW YORK CITY RESIDENTIAL REPORT 2Q15 | 39 COOPERATIVE SALE PRICE PER SQ. FT. AVERAGE Queens Astoria Bayside Beechhurst/Whitestone Breezy Point/Belle Harbor/ Rockaway Park Briarwood/Jamaica Hills/Hillcrest College Point Corona/East Elmhurst Douglaston/Little Neck Floral Park/Bellerose Flushing Fresh Meadows/Oakland Gardens Howard Beach/Broadchannel Jackson Heights/Elmhurst Jamaica Estates/Holliswood Laurelton/Cambria Heights/ St. Albans/Rosedale Long Island City Middle Village/Maspeth Queens Village/Hollis Rego Park/Forest Hills/Kew Gardens Richmond Hill/ South Ozone Park/Woodhaven Ridgewood/Glendale Rockaways/Averne Springfield Gardens/Jamaica/ South Jamaica/Baisley Park Sunnyside/Woodside Percent Change 1q15 2q14 2% 7% -7% 11% -9% -5% 6% -2% -20% -3% -1% 20% 2q15 1q15 2q14 $334 $479 $292 $339 $273 $316 $326 $514 $320 $319 $341 $320 $313 $430 $306 $345 $282 $265 $187 $305 $419 $310 $356 $181 $359 $219 $177 $263 $409 $295 $320 $176 $331 $189 $201 $252 $385 $285 $302 $164 $314 $189 5% 16% 2% 5% 11% 3% 8% 16% -7% 21% 9% 9% 18% 10% 14% 16% $178 $566 $288 $518 $291 -38% -39% $349 $343 $350 2% 0% $283 $245 $235 16% 20% $265 $384 $220 $377 $191 $365 20% 2% 39% 5% 2q15 1q15 2q14 $319 $482 $274 $324 $273 $257 $310 $494 $303 $297 $341 $250 $294 $415 $281 $314 $282 $229 $187 $294 $440 $298 $367 $182 $346 $212 $171 $252 $421 $297 $330 $176 $325 $198 $200 $237 $371 $283 $299 $172 $289 $195 10% 16% 4% 0% 11% 3% 6% 7% -6% 24% 19% 5% 23% 6% 20% 9% $178 $566 $300 $518 $294 -41% -40% $338 $323 $327 5% 3% $292 $245 $225 19% 30% $249 $389 $212 $360 $193 $325 17% 8% 29% 19% MEDIAN Queens Astoria Bayside Beechhurst/Whitestone Breezy Point/Belle Harbor/ Rockaway Park Briarwood/Jamaica Hills/Hillcrest College Point Corona/East Elmhurst Douglaston/Little Neck Floral Park/Bellerose Flushing Fresh Meadows/Oakland Gardens Howard Beach/Broadchannel Jackson Heights/Elmhurst Jamaica Estates/Holliswood Laurelton/Cambria Heights/ St. Albans/Rosedale Long Island City Middle Village/Maspeth Queens Village/Hollis Rego Park/Forest Hills/Kew Gardens Richmond Hill/ South Ozone Park/Woodhaven Ridgewood/Glendale Rockaways/Averne Springfield Gardens/Jamaica/ South Jamaica/Baisley Park Sunnyside/Woodside Percent Change 1q15 2q14 3% 8% -2% 16% -10% -3% 9% 3% -20% -3% 3% 12% THE REAL ESTATE BOARD OF NEW YORK, NEW YORK CITY RESIDENTIAL REPORT 2Q15 | 40 ONE – THREE FAMILY DWELLING SALE PRICE AVERAGE Queens Astoria Bayside Beechhurst/Whitestone Breezy Point/Belle Harbor/ Rockaway Park Briarwood/Jamaica Hills/Hillcrest College Point Corona/East Elmhurst Douglaston/Little Neck Floral Park/Bellerose Flushing Fresh Meadows/Oakland Gardens Howard Beach/Broadchannel Jackson Heights/Elmhurst Jamaica Estates/Holliswood Laurelton/Cambria Heights/ St. Albans/Rosedale Long Island City Middle Village/Maspeth Queens Village/Hollis Rego Park/Forest Hills/Kew Gardens Richmond Hill/ South Ozone Park/Woodhaven Ridgewood/Glendale Rockaways/Averne Springfield Gardens/Jamaica/ South Jamaica/Baisley Park Sunnyside/Woodside 2q15 1q15 2q14 $579 $852 $795 $789 $759 $689 $783 $631 $860 $516 $802 $794 $486 $703 $866 $366 $731 $624 $408 $1,041 $450 $654 $437 $382 $663 $583 $909 $800 $773 $577 $665 $654 $605 $863 $480 $757 $700 $494 $709 $844 $366 $1,071 $638 $392 $1,002 $446 $608 $463 $357 $703 $530 $757 $830 $636 $631 $620 $604 $577 $804 $502 $749 $818 $503 $629 $856 $347 $548 $560 $395 $808 $414 $554 $379 $328 $644 2q15 1q15 2q14 $535 $800 $755 $710 $720 $657 $774 $595 $845 $500 $750 $776 $529 $661 $860 $376 $730 $603 $413 $919 $436 $645 $384 $373 $680 $549 $868 $799 $700 $593 $653 $673 $595 $828 $471 $745 $705 $513 $720 $833 $365 $920 $631 $395 $925 $430 $620 $416 $345 $685 $480 $738 $800 $600 $585 $585 $625 $580 $759 $489 $725 $768 $520 $610 $800 $350 $550 $545 $400 $705 $408 $550 $325 $319 $662 Percent Change 1q15 2q14 -1% 9% -6% 13% -1% -4% 2% 24% 31% 20% 4% 11% 20% 30% 4% 9% 0% 7% 7% 3% 6% 7% 14% -3% -2% -3% -1% 12% 3% 1% 0% 5% -32% 33% -2% 11% 4% 3% 4% 29% 1% 9% 7% 18% -6% 15% 7% 17% -6% 3% MEDIAN Queens Astoria Bayside Beechhurst/Whitestone Breezy Point/Belle Harbor/ Rockaway Park Briarwood/Jamaica Hills/Hillcrest College Point Corona/East Elmhurst Douglaston/Little Neck Floral Park/Bellerose Flushing Fresh Meadows/Oakland Gardens Howard Beach/Broadchannel Jackson Heights/Elmhurst Jamaica Estates/Holliswood Laurelton/Cambria Heights/ St. Albans/Rosedale Long Island City Middle Village/Maspeth Queens Village/Hollis Rego Park/Forest Hills/Kew Gardens Richmond Hill/ South Ozone Park/Woodhaven Ridgewood/Glendale Rockaways/Averne Springfield Gardens/Jamaica/ South Jamaica/Baisley Park Sunnyside/Woodside Note: Sale price in thousands Percent Change 1q15 2q14 -3% 11% -8% 8% -6% -6% 1% 18% 21% 23% 1% 12% 15% 24% 0% 3% 2% 11% 6% 2% 1% 3% 10% 1% 3% 2% -8% 8% 3% 8% 3% 7% -21% 33% -5% 11% 5% 3% -1% 30% 1% 7% 4% 17% -8% 18% 8% 17% -1% 3% THE REAL ESTATE BOARD OF NEW YORK, NEW YORK CITY RESIDENTIAL REPORT 2Q15 | 41 HOME SALE PRICE (includes all condominium, cooperative units and 1 – 3 family dwellings) AVERAGE Bronx Bathgate / Crotona Park / East Tremont Baychester / Coop City Bronxdale / Pelham Gardens / Pelham Parkway North City Island / Pelham Bay / Pelham Strip / Country Club / Throgs Neck / Schuylerville Fordham / Belmont / Kingsbridge Heights / University Heights Highbidge / Morris Heights / Mount Hope Kingsbridge / Jerome Park /Bedford Park / Norwood Melrose / Morrisania Mott Haven / Port Morris / Hunts Point Parkchester / Westchester Square / Castle Hill / Soundview Pelham Parkway South / Morris Park / Van Nest Riverdale / Fieldston Woodlawn / Williamsbridge 2q15 1q15 2q14 $364 $374 $412 $398 $402 $336 $348 $246 $280 $451 $312 $385 $413 $366 $381 $386 $366 $416 $424 $307 $458 $279 $324 $327 $325 $417 $477 $349 $341 $309 $345 $371 $379 $332 $338 $343 $269 $317 $324 $380 $329 $362 2q15 1q15 2q14 $356 $394 $431 $410 $404 $325 $283 $195 $233 $455 $318 $431 $296 $363 $360 $387 $350 $410 $410 $260 $390 $265 $329 $338 $340 $425 $320 $350 $330 $297 $337 $365 $378 $349 $314 $321 $237 $278 $340 $370 $221 $367 Percent Change 1q15 2q14 -5% 7% -3% 21% 13% 19% -4% 7% -5% 6% 9% 1% -24% 3% -12% -28% -14% 4% 38% 42% -4% -4% -8% 2% -13% 25% 5% 1% MEDIAN Bronx Bathgate / Crotona Park / East Tremont Baychester / Coop City Bronxdale / Pelham Gardens / Pelham Parkway North City Island / Pelham Bay / Pelham Strip / Country Club / Throgs Neck / Schuylerville Fordham / Belmont / Kingsbridge Heights / University Heights Highbidge / Morris Heights / Mount Hope Kingsbridge / Jerome Park /Bedford Park / Norwood Melrose / Morrisania Mott Haven / Port Morris / Hunts Point Parkchester / Westchester Square / Castle Hill / Soundview Pelham Parkway South / Morris Park / Van Nest Riverdale / Fieldston Woodlawn / Williamsbridge Percent Change 1q15 2q14 -1% 8% 2% 33% 23% 28% 0% 12% -1% 7% 25% -7% -28% -10% -26% -39% -29% -1% 35% 64% -6% -6% 1% 17% -8% 34% 4% -1% Note: Sale price in thousands THE REAL ESTATE BOARD OF NEW YORK, NEW YORK CITY RESIDENTIAL REPORT 2Q15 | 42 APARTMENT SALE PRICE (includes all condominium, cooperative units) AVERAGE Bronx Bathgate / Crotona Park / East Tremont Baychester / Coop City Bronxdale / Pelham Gardens / Pelham Parkway North City Island / Pelham Bay / Pelham Strip / Country Club / Throgs Neck / Schuylerville Fordham / Belmont / Kingsbridge Heights / University Heights Highbidge / Morris Heights / Mount Hope Kingsbridge / Jerome Park /Bedford Park / Norwood Melrose / Morrisania Mott Haven / Port Morris / Hunts Point Parkchester / Westchester Square / Castle Hill / Soundview Pelham Parkway South / Morris Park / Van Nest Riverdale / Fieldston Woodlawn / Williamsbridge Percent Change 1q15 2q14 $254 -1% -1% 2q15 1q15 2q14 $252 $254 $156 $364 $146 $138 $171 $198 $175 $190 $296 $150 $191 $198 $168 $131 $172 $324 $131 $133 $149 $340 $142 $148 $154 $328 $140 $161 $297 $175 2q15 1q15 2q14 $182 $200 $153 $340 $142 $138 $157 $190 $175 $200 $349 $150 $191 $165 $176 $130 $170 $305 $131 $140 $153 $264 $131 $152 $208 $175 $296 $180 -18% 23% -2% -28% -13% 18% -10% -4% 4% -9% 12% 12% -42% 10% -5% -7% 15% -19% MEDIAN Bronx Bathgate / Crotona Park / East Tremont Baychester / Coop City Bronxdale / Pelham Gardens / Pelham Parkway North City Island / Pelham Bay / Pelham Strip / Country Club / Throgs Neck / Schuylerville Fordham / Belmont / Kingsbridge Heights / University Heights Highbidge / Morris Heights / Mount Hope Kingsbridge / Jerome Park /Bedford Park / Norwood Melrose / Morrisania Mott Haven / Port Morris / Hunts Point Parkchester / Westchester Square / Castle Hill / Soundview Pelham Parkway South / Morris Park / Van Nest Riverdale / Fieldston Woodlawn / Williamsbridge $130 $109 $264 $132 Percent Change 1q15 2q14 $178 -9% 2% $165 $178 -23% -3% -5% -28% -5% 8% -10% 11% 8% -7% -29% 0% -1% -28% 27% -24% -5% 7% Note: Sale price in thousands THE REAL ESTATE BOARD OF NEW YORK, NEW YORK CITY RESIDENTIAL REPORT 2Q15 | 43 APARTMENT SALE PRICE PER SQ. FT. (includes all condominium and cooperative units) AVERAGE Bronx Bathgate / Crotona Park / East Tremont Baychester / Coop City Bronxdale / Pelham Gardens / Pelham Parkway North City Island / Pelham Bay / Pelham Strip / Country Club / Throgs Neck / Schuylerville Fordham / Belmont / Kingsbridge Heights / University Heights Highbidge / Morris Heights / Mount Hope Kingsbridge / Jerome Park /Bedford Park / Norwood Melrose / Morrisania Mott Haven / Port Morris / Hunts Point Parkchester / Westchester Square / Castle Hill / Soundview Pelham Parkway South / Morris Park / Van Nest Riverdale / Fieldston Woodlawn / Williamsbridge 2q15 1q15 $243 $282 Percent Change 1q15 2q14 $271 -14% -10% $153 $237 $307 $179 $145 $215 $300 $145 -6% 14% -15% 3% 17% 4% $220 $221 $305 $187 8% -1% -22% 17% $168 $201 $310 $211 $186 $141 $346 $179 $148 $303 $251 -10% 42% -10% -6% 36% 2% -16% 2q15 1q15 2q14 $211 $259 Percent Change 1q15 2q14 $233 -18% -9% $153 $237 $308 $179 $145 $213 $323 $145 -6% 18% -18% 4% 12% 1% $233 $226 $210 $172 -5% -7% 5% 22% $165 $141 $339 $173 $137 $276 $251 -1% 42% -10% -6% 46% 10% -23% $222 $350 $151 $149 $237 $219 2q14 MEDIAN Bronx Bathgate / Crotona Park / East Tremont Baychester / Coop City Bronxdale / Pelham Gardens / Pelham Parkway North City Island / Pelham Bay / Pelham Strip / Country Club / Throgs Neck / Schuylerville Fordham / Belmont / Kingsbridge Heights / University Heights Highbidge / Morris Heights / Mount Hope Kingsbridge / Jerome Park /Bedford Park / Norwood Melrose / Morrisania Mott Haven / Port Morris / Hunts Point Parkchester / Westchester Square / Castle Hill / Soundview Pelham Parkway South / Morris Park / Van Nest Riverdale / Fieldston Woodlawn / Williamsbridge $222 $364 $146 $149 $220 $210 $163 $201 $303 $192 THE REAL ESTATE BOARD OF NEW YORK, NEW YORK CITY RESIDENTIAL REPORT 2Q15 | 44 CONDOMINIUM SALE PRICE AVERAGE Bronx Bathgate / Crotona Park / East Tremont Baychester / Coop City Bronxdale / Pelham Gardens / Pelham Parkway North City Island / Pelham Bay / Pelham Strip / Country Club / Throgs Neck / Schuylerville Fordham / Belmont / Kingsbridge Heights / University Heights Highbidge / Morris Heights / Mount Hope Kingsbridge / Jerome Park /Bedford Park / Norwood Melrose / Morrisania Mott Haven / Port Morris / Hunts Point Parkchester / Westchester Square / Castle Hill / Soundview Pelham Parkway South / Morris Park / Van Nest Riverdale / Fieldston Woodlawn / Williamsbridge Percent Change 1q15 2q14 $322 -9% -24% 2q15 1q15 2q14 $245 $270 $153 $430 $205 $354 $173 $433 $122 -25% 21% -11% -1% $140 $573 $190 $569 $180 $507 $168 1% 5% 13% 13% $129 $268 $891 $203 $151 $142 -14% -9% $496 $600 80% 48% 2q15 1q15 2q14 $140 $186 $153 $395 $205 $350 $170 $373 $122 -25% 13% -10% 6% $140 $573 $190 $569 $180 $489 $178 1% 6% 17% 7% $140 $137 -11% -9% $363 $453 174% 120% MEDIAN Bronx Bathgate / Crotona Park / East Tremont Baychester / Coop City Bronxdale / Pelham Gardens / Pelham Parkway North City Island / Pelham Bay / Pelham Strip / Country Club / Throgs Neck / Schuylerville Fordham / Belmont / Kingsbridge Heights / University Heights Highbidge / Morris Heights / Mount Hope Kingsbridge / Jerome Park /Bedford Park / Norwood Melrose / Morrisania Mott Haven / Port Morris / Hunts Point Parkchester / Westchester Square / Castle Hill / Soundview Pelham Parkway South / Morris Park / Van Nest Riverdale / Fieldston Woodlawn / Williamsbridge $124 $268 $994 $203 Percent Change 1q15 2q14 $184 -25% -24% Note: Sale price in thousands THE REAL ESTATE BOARD OF NEW YORK, NEW YORK CITY RESIDENTIAL REPORT 2Q15 | 45 CONDOMINIUM SALE PRICE PER SQUARE FOOT AVERAGE Bronx Bathgate / Crotona Park / East Tremont Baychester / Coop City Bronxdale / Pelham Gardens / Pelham Parkway North City Island / Pelham Bay / Pelham Strip / Country Club / Throgs Neck / Schuylerville Fordham / Belmont / Kingsbridge Heights / University Heights Highbidge / Morris Heights / Mount Hope Kingsbridge / Jerome Park /Bedford Park / Norwood Melrose / Morrisania Mott Haven / Port Morris / Hunts Point Parkchester / Westchester Square / Castle Hill / Soundview Pelham Parkway South / Morris Park / Van Nest Riverdale / Fieldston Woodlawn / Williamsbridge 2q15 1q15 $216 $274 Percent Change 1q15 2q14 $292 -21% -26% $191 $350 $256 $285 $198 $361 -25% 23% -3% -3% $149 $491 $173 $175 $524 $134 -1% -6% 29% $168 $264 $400 $289 $190 $179 -12% -6% $475 $434 -16% -8% 2q15 1q15 2q14 $178 $208 Percent Change 1q15 2q14 $214 -14% -17% $191 $364 $256 $308 $200 $362 -25% 18% -4% 1% $149 $491 $173 $175 $477 $135 -1% 3% 28% $165 $173 -1% -6% $502 $390 -6% 20% 2q14 MEDIAN Bronx Bathgate / Crotona Park / East Tremont Baychester / Coop City Bronxdale / Pelham Gardens / Pelham Parkway North City Island / Pelham Bay / Pelham Strip / Country Club / Throgs Neck / Schuylerville Fordham / Belmont / Kingsbridge Heights / University Heights Highbidge / Morris Heights / Mount Hope Kingsbridge / Jerome Park /Bedford Park / Norwood Melrose / Morrisania Mott Haven / Port Morris / Hunts Point Parkchester / Westchester Square / Castle Hill / Soundview Pelham Parkway South / Morris Park / Van Nest Riverdale / Fieldston Woodlawn / Williamsbridge $163 $264 $470 $289 THE REAL ESTATE BOARD OF NEW YORK, NEW YORK CITY RESIDENTIAL REPORT 2Q15 | 46 COOPERATIVE SALE PRICE AVERAGE Bronx Bathgate / Crotona Park / East Tremont Baychester / Coop City Bronxdale / Pelham Gardens / Pelham Parkway North City Island / Pelham Bay / Pelham Strip / Country Club / Throgs Neck / Schuylerville Fordham / Belmont / Kingsbridge Heights / University Heights Highbidge / Morris Heights / Mount Hope Kingsbridge / Jerome Park /Bedford Park / Norwood Melrose / Morrisania Mott Haven / Port Morris / Hunts Point Parkchester / Westchester Square / Castle Hill / Soundview Pelham Parkway South / Morris Park / Van Nest Riverdale / Fieldston Woodlawn / Williamsbridge Percent Change 1q15 2q14 $225 2% 13% 2q15 1q15 2q14 $254 $248 $157 $132 $146 $135 $153 $201 $175 $183 $152 $150 $191 $181 $166 $131 $171 $162 $140 $177 $132 $318 $132 $133 $154 $306 $116 $161 $253 $175 2q15 1q15 2q14 $195 $201 $157 $132 $142 $135 $156 $196 $175 $183 $152 $150 $191 $153 $172 $130 $171 $161 $140 $126 $153 $255 $116 $152 $190 $175 $156 $189 -14% -13% -2% -29% -15% 21% -8% -18% 4% 33% -15% 4% 52% -18% 26% -25% -2% 6% MEDIAN Bronx Bathgate / Crotona Park / East Tremont Baychester / Coop City Bronxdale / Pelham Gardens / Pelham Parkway North City Island / Pelham Bay / Pelham Strip / Country Club / Throgs Neck / Schuylerville Fordham / Belmont / Kingsbridge Heights / University Heights Highbidge / Morris Heights / Mount Hope Kingsbridge / Jerome Park /Bedford Park / Norwood Melrose / Morrisania Mott Haven / Port Morris / Hunts Point Parkchester / Westchester Square / Castle Hill / Soundview Pelham Parkway South / Morris Park / Van Nest Riverdale / Fieldston Woodlawn / Williamsbridge $175 $107 $260 $127 Percent Change 1q15 2q14 $177 -3% 10% $145 $186 -14% -13% -5% -29% 3% 14% -8% -18% 1% 39% -30% 2% 51% -29% 37% -27% 8% 5% Note: Sale price in thousands THE REAL ESTATE BOARD OF NEW YORK, NEW YORK CITY RESIDENTIAL REPORT 2Q15 | 47 COOPERATIVE SALE PRICE PER SQ. FT. AVERAGE Bronx Bathgate / Crotona Park / East Tremont Baychester / Coop City Bronxdale / Pelham Gardens / Pelham Parkway North City Island / Pelham Bay / Pelham Strip / Country Club / Throgs Neck / Schuylerville Fordham / Belmont / Kingsbridge Heights / University Heights Highbidge / Morris Heights / Mount Hope Kingsbridge / Jerome Park /Bedford Park / Norwood Melrose / Morrisania Mott Haven / Port Morris / Hunts Point Parkchester / Westchester Square / Castle Hill / Soundview Pelham Parkway South / Morris Park / Van Nest Riverdale / Fieldston Woodlawn / Williamsbridge 2q15 1q15 $262 $285 Percent Change 1q15 2q14 $262 -8% 0% $145 $240 $238 $145 16% 5% $151 $153 $217 $364 $179 -15% 4% $209 $239 $220 $226 $184 $229 -5% 6% 14% 4% $148 $282 $251 -3% -7% -7% 7% -26% $252 $138 $301 $185 $152 $141 $324 2q14 MEDIAN Bronx Bathgate / Crotona Park / East Tremont Baychester / Coop City Bronxdale / Pelham Gardens / Pelham Parkway North City Island / Pelham Bay / Pelham Strip / Country Club / Throgs Neck / Schuylerville Fordham / Belmont / Kingsbridge Heights / University Heights Highbidge / Morris Heights / Mount Hope Kingsbridge / Jerome Park /Bedford Park / Norwood Melrose / Morrisania Mott Haven / Port Morris / Hunts Point Parkchester / Westchester Square / Castle Hill / Soundview Pelham Parkway South / Morris Park / Van Nest Riverdale / Fieldston Woodlawn / Williamsbridge 2q15 1q15 $244 $272 Percent Change 1q15 2q14 $242 -11% 1% $145 $240 $237 $145 16% 5% $146 $153 $217 $364 $179 -18% 1% $214 $245 $233 $243 $184 $248 -8% 1% 17% -1% $137 $258 $251 -3% -4% 0% 17% -26% $252 $138 $301 $186 $163 $141 $314 2q14 THE REAL ESTATE BOARD OF NEW YORK, NEW YORK CITY RESIDENTIAL REPORT 2Q15 | 48 ONE – THREE FAMILY DWELLING SALE PRICE AVERAGE Bronx Bathgate / Crotona Park / East Tremont Baychester / Coop City Bronxdale / Pelham Gardens / Pelham Parkway North City Island / Pelham Bay / Pelham Strip / Country Club / Throgs Neck / Schuylerville Fordham / Belmont / Kingsbridge Heights / University Heights Highbidge / Morris Heights / Mount Hope Kingsbridge / Jerome Park /Bedford Park / Norwood Melrose / Morrisania Mott Haven / Port Morris / Hunts Point Parkchester / Westchester Square / Castle Hill / Soundview Pelham Parkway South / Morris Park / Van Nest Riverdale / Fieldston Woodlawn / Williamsbridge 2q15 1q15 2q14 $412 $374 $412 $411 $405 $399 $390 $340 $348 $451 $387 $471 $832 $385 $420 $386 $370 $428 $434 $318 $492 $356 $390 $327 $384 $441 $1,074 $349 $379 $309 $381 $393 $386 $357 $338 $378 $319 $317 $385 $416 $924 $365 2q15 1q15 2q14 $410 $394 $431 $418 $409 $360 $335 $359 $344 $455 $413 $458 $765 $375 $391 $387 $351 $421 $421 $315 $425 $292 $392 $338 $381 $430 $999 $350 $370 $297 $377 $380 $382 $377 $314 $365 $290 $278 $383 $385 $505 $367 Percent Change 1q15 2q14 -2% 9% -3% 21% 11% 8% -4% 5% -7% 5% 25% 12% -21% 15% -4% -10% -11% 9% 38% 42% 1% 0% 7% 13% -23% -10% 10% 6% MEDIAN Bronx Bathgate / Crotona Park / East Tremont Baychester / Coop City Bronxdale / Pelham Gardens / Pelham Parkway North City Island / Pelham Bay / Pelham Strip / Country Club / Throgs Neck / Schuylerville Fordham / Belmont / Kingsbridge Heights / University Heights Highbidge / Morris Heights / Mount Hope Kingsbridge / Jerome Park /Bedford Park / Norwood Melrose / Morrisania Mott Haven / Port Morris / Hunts Point Parkchester / Westchester Square / Castle Hill / Soundview Pelham Parkway South / Morris Park / Van Nest Riverdale / Fieldston Woodlawn / Williamsbridge Percent Change 1q15 2q14 5% 11% 2% 33% 23% 14% -1% 10% -3% 7% 14% -4% -21% 7% 23% -2% -12% 19% 35% 64% 8% 8% 6% 19% -23% 51% 7% 2% THE REAL ESTATE BOARD OF NEW YORK, NEW YORK CITY RESIDENTIAL REPORT 2Q15 | 49 ONE – THREE FAMILY DWELLING SALE PRICE AVERAGE Staten Island Annadale Arden Heights Arrochar Arrochar-Shore Acres Bloomfield Bulls Head Castleton Corners Clove Lakes Concord Concord-Fox Hills Dongan Hills Dongan Hills-Colony Dongan Hills-Old Town Eltingville Emerson Hill Fresh Kills Grant City Grasmere Great Kills Great Kills-Bay Terrace Grymes Hill Huguenot La Tourette Park Livingston Manor Heights Mariners Harbor Midland Beach New Brighton New Brighton-St. George New Dorp New Dorp-Beach New Dorp-Heights New Springville Oakwood Oakwood-Beach Pleasant Plains Port Ivory Port Richmond Princes Bay Percent Change 1q15 2q14 -3% 4% -4% -2% 6% -5% -5% 14% 151% 199% 2q15 1q15 2q14 $436 $618 $345 $495 $812 $449 $644 $326 $520 $324 $420 $630 $362 $435 $272 $426 $432 $483 $298 $250 $437 $710 $410 $470 $549 $299 $236 $393 $679 $399 $419 $446 $224 $258 $401 $637 4% -8% -12% 0% 6% 11% 5% 7% 3% 8% 33% -3% 9% 11% $444 $894 $600 $386 $532 $425 $477 $468 $516 $420 $996 $434 $835 6% -10% 2% 7% $489 $514 $442 $473 $623 $619 $555 $455 $460 $436 $348 $662 -21% 4% -4% 1% -25% -17% -30% 17% -8% 9% 35% -22% $369 $469 $264 $406 $297 $427 $433 $263 $390 $278 $395 $391 $254 $354 $292 -14% 8% 0% 4% 7% -7% 20% 4% 15% 2% $473 $314 $507 $447 $508 $391 $828 $219 $271 $563 $470 $335 $478 $479 $479 $485 $528 $226 $304 $637 $426 $320 $499 $419 $547 $450 $581 $294 $316 $609 1% -6% 6% -7% 6% -19% 57% -3% -11% -12% 11% -2% 2% 7% -7% -13% 42% -26% -14% -8% Note: Sale price in thousands Continued on next page THE REAL ESTATE BOARD OF NEW YORK, NEW YORK CITY RESIDENTIAL REPORT 2Q15 | 50 ONE – THREE FAMILY DWELLING SALE PRICE AVERAGE Richmondtown Richmondtown-Lighths Hill Rosebank Rossville Rossville-Charleston Rossville-Port Mobil Rossville-Richmond Valley Silver Lake South Beach Stapleton Stapleton-Clifton Sunnyside Todt Hill Tompkinsville Tottenville Travis West New Brighton Westerleigh Willowbrook Willowbrook-Seaview Woodrow Percent Change 1q15 2q14 8% 9% 14% -27% -6% 0% 61% 73% 21% 1% 2q15 1q15 2q14 $646 $949 $347 $624 $550 $599 $829 $368 $388 $456 $594 $1,300 $346 $362 $542 $469 $388 $295 $298 $366 $1,498 $371 $522 $397 $347 $438 $479 $630 $598 $431 $300 $345 $409 $1,220 $397 $495 $379 $386 $418 $425 $301 $380 $234 $278 $359 $705 $331 $535 $291 $336 $406 $457 -22% -10% -2% -14% -11% 23% -7% 5% 5% -10% 5% 13% 56% 2% 26% 7% 2% 113% 12% -2% 36% 3% 8% 5% $455 $432 $418 5% 9% Note: Sale price in thousands THE REAL ESTATE BOARD OF NEW YORK, NEW YORK CITY RESIDENTIAL REPORT 2Q15 | 51 ONE – THREE FAMILY DWELLING SALE PRICE MEDIAN Staten Island Annadale Arden Heights Arrochar Arrochar-Shore Acres Bloomfield Bulls Head Castleton Corners Clove Lakes Concord Concord-Fox Hills Dongan Hills Dongan Hills-Colony Dongan Hills-Old Town Eltingville Emerson Hill Fresh Kills Grant City Grasmere Great Kills Great Kills-Bay Terrace Grymes Hill Huguenot La Tourette Park Livingston Manor Heights Mariners Harbor Midland Beach New Brighton New Brighton-St. George New Dorp New Dorp-Beach New Dorp-Heights New Springville Oakwood Oakwood-Beach Pleasant Plains Port Ivory Port Richmond Princes Bay Percent Change 1q15 2q14 -2% 4% -12% 9% 9% -10% 23% 28% 151% 199% 2q15 1q15 2q14 $415 $593 $332 $555 $812 $425 $675 $304 $450 $324 $398 $545 $368 $435 $272 $427 $425 $450 $275 $258 $420 $683 $400 $456 $525 $298 $229 $393 $585 $415 $400 $450 $233 $245 $358 $634 7% -7% -14% -8% 13% 7% 17% 3% 6% 0% 18% 5% 17% 8% $429 $894 $600 $400 $515 $415 $515 $445 $545 $405 $948 $405 $835 6% -6% 6% 7% $435 $400 $420 $464 $600 $523 $437 $400 $433 $415 $283 $650 -8% 29% -1% 11% -26% 4% -8% 29% -4% 24% 57% -16% $365 $497 $249 $403 $300 $425 $390 $254 $406 $273 $395 $380 $254 $333 $292 -14% 27% -2% -1% 10% -8% 31% -2% 21% 3% $475 $328 $473 $440 $405 $395 $930 $219 $240 $552 $460 $335 $443 $451 $470 $434 $490 $226 $285 $560 $426 $335 $443 $413 $440 $434 $605 $283 $305 $550 3% -2% 7% -2% -14% -9% 90% -3% -16% -1% 12% -2% 7% 7% -8% -9% 54% -23% -21% 0% Note: Sale price in thousands Continued on next page THE REAL ESTATE BOARD OF NEW YORK, NEW YORK CITY RESIDENTIAL REPORT 2Q15 | 52 ONE – THREE FAMILY DWELLING SALE PRICE MEDIAN Richmondtown Richmondtown-Lighths Hill Rosebank Rossville Rossville-Charleston Rossville-Port Mobil Rossville-Richmond Valley Silver Lake South Beach Stapleton Stapleton-Clifton Sunnyside Todt Hill Tompkinsville Tottenville Travis West New Brighton Westerleigh Willowbrook Willowbrook-Seaview Woodrow Percent Change 1q15 2q14 -2% 30% -11% 86% 18% 2q15 1q15 2q14 $538 $949 $330 $645 $550 $548 $729 $370 $348 $468 $655 $1,300 $338 $335 $542 $465 $375 $255 $320 $375 $1,500 $345 $515 $425 $340 $408 $480 $630 $541 $425 $240 $355 $425 $1,340 $350 $429 $395 $353 $370 $425 $301 $347 $195 $305 $360 $705 $345 $575 $287 $313 $400 $413 -14% -12% 6% -10% -12% 12% -1% 20% 8% -4% 10% 13% 54% 8% 31% 5% 4% 113% 0% -10% 48% 8% 2% 16% $460 $485 $451 -5% 2% -18% -27% -2% 93% 1% Note: Sale price in thousands THE REAL ESTATE BOARD OF NEW YORK, NEW YORK CITY RESIDENTIAL REPORT 2Q15 | 53 MANHATTAN TOWNHOUSE SALES DATA 278 West 11 Street 4/15/15 $25,000,000 West Village A4 3 Bldg Depth (Feet) 48 26 East 80 Street 5/14/15 $19,850,000 Upper East Side A4 4 54 23 20 East 10 Street 6/29/15 $18,250,000 Greenwich Village A9 4 57 25 6/30/15 $16,331,696 West Village B1 5 45 47 18 West 11 Street 6/9/15 $12,000,000 Greenwich Village A4 3 94 21 32 Grove Street 5/21/15 $11,250,000 West Village B1 3 38 21 147 East 63 Street 6/5/15 $10,500,000 Upper East Side A4 4 65 16 36 East 64 Street 5/7/15 $10,000,000 Upper East Side B9 4 88 17 182 East 75 Street 5/18/15 $9,280,000 Upper East Side B3 4 60 18 52 West 10 Street 6/5/15 $9,040,000 Greenwich Village B2 3 74 21 46 Horatio Street 5/20/15 $8,750,000 West Village B1 3 55 20 125 East 78 Street 6/18/15 $8,700,000 Upper East Side B1 4 50 18 404 West 20 Street 4/30/15 $7,425,000 Chelsea/Flatiron B3 3 37 25 362 West 19 Street 6/11/15 $7,000,000 Chelsea/Flatiron B9 3 38 20 514 Broome Street 5/21/15 $6,887,278 SoHo B1 3 36 19 113 East 91 Street 5/27/15 $6,665,000 Upper East Side A9 3 50 15 209 East 61 Street 4/24/15 $6,404,300 Upper East Side B3 3 50 20 44 Horatio Street 6/1/15 $6,250,000 West Village B9 3 35 20 687 Greenwich Street 4/14/15 $5,925,000 West Village A9 3 23 30 141 East 18 Street 5/27/15 $5,800,000 Gramercy/Kips Bay C0 4 57 14 163 West 95 Street 6/24/15 $5,675,000 Upper West Side C0 3 58 18 9 Commerce Street 4/8/15 $5,550,000 West Village C0 3 35 19 125 West 87 Street 5/27/15 $5,400,000 Upper West Side B9 3 50 17 433 East 85 Street 4/30/15 $5,300,000 Upper East Side C0 3 57 16 130 Beekman Street 5/15/15 $5,250,000 Financial/Seaport A9 5 25 18 58 Downing Street 4/16/15 $5,137,500 West Village A9 3 32 16 79 Christopher Street 5/20/15 $4,600,000 West Village A4 3 37 14 5/18/15 $4,500,000 West Village A9 3 26 18 33 West 94 Street 6/11/15 $4,400,000 Upper West Side B9 4 70 12 339 East 87 Street 6/8/15 $3,900,000 Upper East Side B9 3 50 17 730 St. Nicholas Avenue 6/10/15 $3,750,000 Washington Heights B9 4 54 30 136 East 38 Street 6/30/15 $3,625,000 Murray Hill A4 6 24 20 135 West 120 Street 6/2/15 $3,350,000 West Harlem C0 3 65 20 416 West 147 Street 5/20/15 $2,890,000 Washington Heights B1 3 58 20 16 Hamilton Terrace 6/30/15 $2,825,000 West Harlem A9 3 52 16 55 West 130 Street 6/25/15 $2,775,000 West Harlem A9 4 52 20 212 West 122 Street 6/23/15 $2,500,000 West Harlem C0 3 60 15 464 West 141 Street 4/7/15 $2,350,000 West Harlem C0 4 68 18 251 West 138 Street 5/29/15 $2,345,000 West Harlem A5 3 56 20 254 West 132 Street 4/2/15 $2,250,000 West Harlem B1 3 50 18 2038 Madison Avenue 4/27/15 $2,200,000 East Harlem B1 3 50 16 165 West 129 Street 4/28/15 $2,100,000 West Harlem C0 3 42 19 43 Hamilton Terrace 4/3/15 $1,985,000 West Harlem B9 4 50 19 222 West 139 Street 4/16/15 $1,925,000 West Harlem C0 3 64 17 147 West 129 Street 5/14/15 $1,900,000 West Harlem B1 3 99 16 469 West 143 Street 6/16/15 $1,896,000 West Harlem A4 5 59 18 519 West 148 Street 6/25/15 $1,817,000 Washington Heights C0 3 54 16 237 West 136 Street 5/28/15 $1,650,000 West Harlem B1 3 40 16 Address 24 Downing Street 5C Carmine Street Recorded Date Price Neighborhood Bldg Class Stories Bldg Front (Feet) 25 THE REAL ESTATE BOARD OF NEW YORK, NEW YORK CITY RESIDENTIAL REPORT 2Q15 | 54