As the city prepares to host the world’s fastest marathoners at the New York City Marathon this Sunday, there’s an entirely different, yet no less competitive race among New York home buyers, which is to snatch up properties amid near record-low inventory. Which neighborhood along the NYC marathon route saw the shortest time on market for home sales in 2014? Long Island City was the dark-horse winner, clocking in at just 19 days, whereas slow-poke Midtown trailed at the back of the pack with a whopping 129 days. Brooklyn set the pace for the remaining spots in the top five fastest-selling neighborhoods, with Boerum Hill, Gowanus, Clinton Hill and Williamsburg all landing a median of 35 days on the market or less.

Looking at median sale prices along the route, prices through Brooklyn bounce along with a low of $247,000 (Fort Hamilton) and flirt with a high of $885,000 (Park Slope). It’s not until runners approach the Upper East Side and mile 16 in the Lenox Hill neighborhood where prices spike to a median sale price of $2.1 million. Prices drop precipitously in miles 18 through 22 as the route winds through Harlem, but then they spike again as runners head down Fifth Avenue through Carnegie Hill ($2.2 million) and Midtown ($3.25 million) before making their way to the race finish in Central Park.


Methodology: StreetEasy tracked median sale prices for properties within two blocks of each side of the New York City Marathon route that were sold in 2014 (through Oct. 21) and median days on market for properties that entered into contract in 2014 (through Oct. 21). Included in our analysis were the following home types: Condos, co-ops, townhomes, and single-family residences.