The 10 NYC neighborhoods where home prices increased the most over the past decade, ranked - Business Insider

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.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's popularity — 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.