The median sales price for homes in Kips Bay, New York for Feb 12 to Apr 12 was $992,750 based on 29 sales. Compared to the same period one year ago, the median sales price increased 25.2%, or $199,533, and the number of sales decreased 32.6%. Average price per square foot for Kips Bay was $956, a decrease of 0.8% compared to the same period last year. There are currently 340 resale and new homes in New York on Trulia, including 7 open houses, as well as 3 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Kips Bay was $1,104,700 for the week ending May 09, which represents an increase of 1.4%, or $15,722, compared to the prior week.
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Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period
available and is updated each week to include recent transactions from public
record data sources. The Median Sales Price is the price at which one-half of
the homes sold for more than that amount and one-half of the homes sold for
less than that amount.
Homes for Sale includes resale and new homes on Trulia.
Recently Sold is a count of all known arms-length residential sales in the last 9 months according to public records.
Open Homes refers to listings on Trulia with scheduled open house times.
Foreclosures includes properties in the pre-foreclosure, auction, and bank-owned stages of the foreclosure process.
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Average Listing Price
The average price of new and resale homes listed on Trulia based on daily averages for the most recent week. Average listing prices are updated on a weekly basis.
Median Sales Price
The median price of residential sales for the most recent 90-day period for which sales are available from public deed records. The median price is the price at which 50% of the homes sold for more than the median price and 50% of the homes sold for less than the median price. Median sale prices are updated on a weekly basis as new sales information becomes available.
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Most Popular Neighborhoods are calculated each week based on search behavior on the Trulia website.
Movers 'n Shakers are selected based on the week-over-week percentage change in Average Listing Price.
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Crime statistics for 2006 (most recent year available) are reported by the Federal Bureau of Investigation in the Uniform Crime Report.
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