Billionaires’ Row/Times Square North had a major fall from grace on the ranking of the highest average home sale price in 2024 after coming in at No. 1 in 2023.
Last year, the area ranked No. 6 with an average sale price of $4.22 million, based on 179 transactions, down from $5.57 million via 194 transactions the year prior.
The Plaza District, which placed second in 2023, with a $4.75 million average price, moved up to No. 1 in 2024, boasting a $5.94 million average sale price.
Hudson Yards bumped up to No. 2 from spot 3 year over year to a $4.84 million average price from $4.67 million.
Coming in third in the borough in 2024 was Nolita with an average sale price of $4.58 million. That neighborhood didn’t even make the cut in 2023’s list of the top 10 Manhattan neighborhoods.
Cobble Hill led Brooklyn last year with a $3.12 million sale price, making it pricier than Manhattan’s Chelsea neighborhood, which ranked No. 10 in the borough.
Malba in Queens once again topped that borough with a $1.61 million sale price.
Staten Island’s most expensive enclave in 2024, Todt Hill, notched an average sale price of $1.25 million, edging out the Bronx’s priciest neighborhood, Tremont, which averaged $1.15 million.
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