N
ew York City's spring housing market shattered records, but the results aren't entirely surprising. Hudson Yards on Manhattan's west side remains the city's priciest neighborhood for a sixth consecutive year, with a median sale price of $5.95 million.

    Tribeca and Soho took second and third places respectively, but Brooklyn neighborhoods are closing in. PropertyShark's quarterly ranking of the top 50 most expensive neighborhoods excludes Staten Island and The Bronx. This spring's data compared sales records from April to June this year with the same period last year.

    Manhattan still dominates price-based rankings, but some Brooklyn spots are gaining ground. Citywide sales saw a 4% increase year-over-year, reaching an all-time high median sale price of $799,000 this spring.

    Hudson Yards outperformed its peers despite having only seven transactions in the second quarter, thanks to astronomical price tags that outstripped the runner-up neighborhood by $1.8 million. Tribeca regained second place after a strong sales season, with a 43% annual increase in median sale prices to $4.15 million.

    Soho's median sale price reached $3.68 million across 32 sales, while Carroll Gardens lost ground on pricing but gained in sales volume. Queens saw largely flat year-over-year sales prices, and Brooklyn claimed the same number of neighborhoods in the top 50 as Manhattan despite fewer sales and lower prices.

    Columbia Street Waterfront District, a newcomer to the rankings, placed sixth citywide with a median sale price of $1.92 million. Nearby Carroll Gardens saw a 32% decrease in median sales price but put up NYC's highest increase in sales at 129%.