- A recent report by real estate listing platform StreetEasy , reveals the 10 neighborhoods in New York City where median recorded sales prices increased the most over the past decade.
- According to the report , in November 2019 , the city's median recorded sales price fell just below $670,000 which is 49% higher than 2010's median recorded sales price of $450,000 .
- Of the neighborhoods that made StreetEasy's list , eight of them are located in Brooklyn.
- Visit Business Insider's homepage for more stories .
The 10 NYC neighborhoods where home prices increased the most over the past decade, ranked
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New York city's real estate market has grown increasingly expensive over the past decade.
In fact, in November 2019 , the city's median recorded sales price reached just below $670,000 which is 49% higher than 2010's median recorded sales price of $450,000 .
A recent report by real estate listing platform StreetEasy , reveals the 10 neighborhoods in New York City where median recorded sales prices increased the most from 2010 to 2019. Those increases range from just above 100% to over 200% .
Eight of the neighborhoods on the list are located in Brooklyn which is no surprise considering the borough'spopularity and by extension, its price tags have increased astronomically since the 1940s .
The only two non-Brooklyn neighborhoods to make the list are the Lower East Side, which saw a 168% increase in its median recorded sales price, and Gramercy Park, which saw a 109% increase in its median recorded sales price.
Keep reading for StreetEasy's full list of neighborhoods.
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