Finance

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Impact of COVID-19 on NYC Real Estate Prices

Part 1 – Further parts will be released in the future.

How has COVID-19 affected the New York City real estate market?

Our team at NJIT found several different insights that would be of use to investors, buyers/sellers, and lenders.

To check out how the sales price was affected by the building’s dimensions, location, and other quantitative/qualitative features, check out our the EDA here – https://github.com/Data-SR/real_estate/blob/main/EDA_tax_class_1.ipynb

The graph below shows a snippet from the EDA – this is how the sales price varied based on the different school districts in New York City. *See the EDA for the full graph*

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