West Village.

The West Village active market currently sits at 62 listings with a median ask of $1,722,500 and a median price per square foot of $2,361.56. That asking PSF places the neighborhood meaningfully above comparable Greenwich Village inventory, which trades closer to $1,900–$2,100 per square foot on active listings, and roughly in line with Tribeca's non-loft product. The active pool is thin by Manhattan standards—62 units across a neighborhood this size reflects constrained seller participation—and includes only six loft listings and one new-construction unit, indicating that buyers seeking either format face limited optionality without engaging off-market channels.

ACRIS records 236 deeds in the trailing 12 months at a $1,722,500 median ask versus a $3,332,500 median closed price, a gap that demands context rather than a simple reconciliation. The divergence is structural: the building leaderboard reveals that the highest-velocity closings skew toward larger, higher-value transactions. 118 West 13th Street logged 14 ACRIS-verified closings at a $10,760,493 median, with zero units currently active, suggesting a concentrated absorption event—likely a condo conversion or boutique new-development sellout—that pulled the trailing sold median sharply upward. 110 Charlton Street contributed 10 closings at a $3,150,000 median, also with no current inventory. These two addresses alone account for 24 of the 236 recorded deeds and anchor the sold median well above what the active ask distribution implies for the broader neighborhood. At the other end of the spectrum, 45 Christopher Street and 299 West 12th Street each recorded 8 closings at medians of $778,700 and $532,450 respectively, confirming that the West Village closed-price distribution is wide, not uniform. The one address with concurrent active and sold data, 421 Hudson Street—a 1911 building with nine ACRIS closings at a $1,602,294 median—shows its single active ask at $1,895,000, an 15.4% premium to its own trailing median sale price, and an asking PSF of approximately $1,904, well below the neighborhood-wide active median PSF of $2,361.56. That spread between building-level history and current ask at 421 Hudson illustrates the precision required when underwriting individual assets rather than relying on neighborhood aggregates.