West Village Market Data

The West Village has hit the new year running with a number of properties having sold in January and a number of new sale and rental listings hitting the market.  We thought we would provide some market data that local residents or those thinking about moving to our neighborhood would find useful.

West Village Market Data

We also thought it might be useful to take a look at listing activity and contracts signed over the past 90 days.  To do so, we have pulled some proprietary data, courtesy of UrbanDigs, focusing on the Village/Tribeca/SoHo sub-market.  As you can see, the number of active listings has crept up about 15% to just shy of 525 this month.  That increase is in line with historical seasonal trends caused by the temporary delisting of property in December.  The number of listings going into contract correlates nicely with the active listing trend, signifying a healthy market.  We can expect to see increases in each, especially after February, as we move into the spring before they decrease again during the summer months.

Village-Tribeca-SoHo Sub-market Data - Courtesy of Urban Digs

Below you will find a recent sale and recent rental transaction that recently occurred in the West Village.

1 Morton Square – 1,971sf, 2 bedroom, 2.5 bath, 828sf of private outdoor space, 24 hour doorman and concierge, on-site garage, gym, and children’s playroom, condo

$18,500 per month


695 Washington Street, 1,470sf, 2 bedroom, 2 bath, private garage, common garden, co-op (in contract)



 

$1,995,000

 



 

If you are interested in selling, purchasing, or leasing property in the Village, or anothe


Manhattan or Brooklyn neighborhood please feel free to reach out to our team for a free consultation by calling (212) 400-4838, or by e-mailing yourkeytothecity@AkerlyRE.com.

 

 

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About Akerly Real Estate

Mike Akerly grew up in Orange County, CA and lived in Irvine until he left to attend the University of Southern California. After graduating with a BA in Political Science, he worked in talent and literary representation at agencies and management firms such as ICM in Beverly Hills and Media Talent Group in West Hollywood. While there, he had the opportunity to work on behalf of artists such as Angelina Jolie, Billy Bob Thornton, Mira Sorvino, Forest Whitaker, Robert Rodriguez, Danny Boyle, and Baz Luhrmann. While in Los Angeles, Mr. Akerly began his career in real estate as a landlord in Orange County before moving on to New York City to attend law school at the Benjamin N. Cardozo School of Law. There, he completed his Juris Doctor with concentrations in real property law and corporate law while he continued his real estate investments with acquisitions in Manhattan. Today he is licensed in California, New York, and Massachusetts. Kate Akerly was born in New Jersey and raised in California. She attended college in Los Angeles where she received her BS in sociology from Mt. Saint Mary’s College. After college, Kate was introduced to real estate as a landlord in Orange County, California. She later moved to New York City where she worked for a city agency that handles civil complaints of alleged misconduct on the part of the New York Police Department. After being promoted to Senior Investigator, she decided to move on to begin her career in real estate brokerage. Kate is now a licensed real estate salesperson who has handled more than one hundred New York City real estate transactions. Mike and Kate now work together from their TriBeCa office in New York City. Together they service clients in residential and commercial brokerage throughout the boroughs. The team also considers investment opportunities in multi-family properties, mortgages, and trust deeds, nationwide. During their free time the two enjoy travel, good wine, great food, and friends. They have advanced certifications in deep water scuba diving and are avid skiers and snowboarders. They reside in Greenwich Village in New York City. If you are interested in purchasing, selling, or leasing residential or multi-family property in New York, California, or Massachusetts, please contact the Akerly Real Estate Team at (212) 400-4838 or via e-mail at KeytotheCity@AkerlyRE.com.
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