Gramercy Park · Manhattan, NY

Is Now a Good Time to Sell in Gramercy Park, Manhattan?

The median home in Gramercy Park sells for $1,200,000 with prices down 20% year-over-year. Ridley's flat fee saves you $32,501.

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Gramercy Park Real Estate Market Conditions

40out of 100

Ridley Sell Score

How it's scored →

Cooling

40/100

The market is shifting — strategic pricing and presentation matter more.

What this means for sellers

The Gramercy Park market is cooling, and sellers need to be strategic. Buyers have more options and are negotiating harder. Invest in staging and professional photography to differentiate your listing. Flexibility on terms can make the difference in attracting serious buyers.

Inventory TightnessNeutral

4 months of supply — near the balanced threshold of 5 months. New York average is 2.7.

Price MomentumFavors buyers

Prices down 19.59798995% year-over-year — vs. +15% statewide.

Seller LeverageFavors sellers

Homes selling at 99.51% of asking — buyers are negotiating 0.5% below list. New York average is 99.7%.

Bidding ActivityFavors buyers

8.16% of homes selling above list price — 78% below the New York average of 37.2%.

Sale SpeedFavors buyers

86 median days on market — 39 days slower than the New York average.

Market UrgencyFavors buyers

14.55% of listings go pending within 2 weeks — vs. 21% statewide.

Price StabilityFavors sellers

Only 0% of listings have dropped their price — sellers are holding firm. New York average is 15.3%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

$1,200,000

-20%

Days on Market

86

Price per Sq Ft

$1531

Sale-to-List Ratio

99.51%

Homes Sold

49

Sold Above List

8.16%

Pending in 2 Weeks

14.55%

Source: public market records

Get AI-powered market intelligence

Personalized pricing signals, demand shifts, and Sell Score changes for Manhattan — delivered monthly.

Your savings

How much can you save selling in Gramercy Park?

$0Estimated savings

That's a new car — paid in full — save 2.7% of your home value

$1,200,000

$50,000$10M

Traditional Agent (3%)

$36,000

Ridley Pro (flat fee)

$3,499

Ready to sell in Gramercy Park?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

Cost to sell in Gramercy Park

Traditional AgentBest valueRidley ProRidley Essentials
Listing fee$36,000$3,499$999
Buyer agent$33,6002.8% avg$24,000~2% avg$24,000~2% avg
Closing costs (~1.5%)$18,000$18,000$18,000
Total cost$87,600$45,499$42,999
You save$32,501$35,001

Based on the Gramercy Park median home price of $1,200,000. Ridley buyer agent commission reflects the average ~2% BAC offered by Ridley sellers.

How to sell your house and save on commission in Gramercy Park

A flat fee of $3,499 instead of the typical $36,000 commission — with a dedicated agent at every step.

1

AI + expert price your home

AI-powered comps reviewed by your dedicated agent — using Gramercy Park market data so you list at the right price.

2

AI prepares your home

AI walk-through identifies what to fix, stage, and photograph. Your agent advises on what actually moves the needle.

3

Listed on MLS & 100+ sites

Professional listing syndicated to Zillow, Redfin, and everywhere Gramercy Park buyers look — plus a custom Ridley listing page with AI chat.

4

Your agent negotiates

Offer comparison, counteroffer strategy, and all back-and-forth with buyers' agents — handled by your dedicated agent.

5

Close and keep $32,501 more

Contracts, disclosures, deadline tracking, and closing coordination — from accepted offer to keys.

FAQ

Common questions about selling in Gramercy Park

Ready to sell in Gramercy Park?

Save $32,501

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