Published: May 13, 2025
Author: Nita Nagdeote
Link: View the Visualization on VizHub
🔍 Overview
In the ever-evolving landscape of real estate, having access to clear, concise, and interactive data is paramount. Recognizing this need, I developed an interactive dashboard that offers a comprehensive view of New York State’s real estate metrics. This tool is designed to assist investors, analysts, and enthusiasts in making informed decisions by providing a visual representation of key data points across various counties.
🧰 Features of the Dashboard
Interactive Map of New York State: A dynamic map highlighting counties with color-coded indicators based on median home prices.
Top Counties by Median Price: A ranked list showcasing counties with the highest median home prices, providing quick insights into premium markets.
Responsive Design: Ensuring usability across devices, from desktops to mobile phones.VizHub+5365 Data Science+5GitHub+5
📊 Data Insights
The dashboard reveals intriguing patterns in New York’s real estate market:
Westchester County leads with a median home price of $810,000, reflecting its proximity to NYC and affluent neighborhoods.
Nassau and Rockland Counties follow closely, with median prices of $700,000 and $670,000 respectively.
Suffolk and Putnam Counties round out the top five, indicating a trend of higher property values in the southeastern region of the state.VizHub
These insights can guide potential investors and homebuyers in identifying lucrative markets and understanding regional price dynamics.Slingshot
🛠️ Technical Implementation
This visualization was developed using VizHub’s v1 runtime environment, leveraging D3.js for data binding and SVG manipulation. The project is open-source under the MIT License, encouraging collaboration and further enhancements.
🌐 Explore the Dashboard
Experience the interactive features and delve deeper into New York’s real estate data by visiting the dashboard:
👉 https://vizhub.com/nitanagdeote/685a3ef1bb8c4cbe82a90dad88f99fef
This project represents a step towards more accessible and interactive real estate data analysis. Feedback and contributions are welcome to enhance its functionality and scope.
🏡 Key Insights from the Dashboard
1. Top 5 Counties by Median Home Price
The dashboard showcases the counties with the highest median home prices, reflecting areas of significant real estate value:
Westchester County: Leading with a median home price of $865,000, indicating its status as a premium market.
Nassau County: With a median price of $700,000, it remains a highly sought-after area.
Rockland County: At $745,000, it reflects strong demand and limited inventory.
Putnam County: With a median price of $530,000, it shows steady growth.
Suffolk County: At $640,000, it continues to be a desirable location for buyers.
2. Regional Trends
Downstate Dominance: Counties in the downstate region, particularly those in proximity to New York City, exhibit higher median home prices, reflecting urban demand and limited space.
Upstate Affordability: Upstate counties generally show lower median prices, offering more affordable options for buyers seeking value.
3. Market Dynamics
The dashboard indicates a trend where urban and suburban areas close to major employment hubs have higher property values, while rural areas offer more affordability. This suggests a correlation between economic opportunities and real estate prices.
📈 Implications for Stakeholders
Homebuyers: Understanding these trends can aid in making informed purchasing decisions based on budget and desired location.
Investors: Identifying high-growth areas can lead to strategic investments with potential for appreciation.
Policy Makers: Recognizing regional disparities can inform housing policies and initiatives aimed at affordability and development.
This dashboard serves as a comprehensive tool for analyzing New York State’s real estate landscape, providing stakeholders with actionable insights into market conditions.