Top Agents in New York, New York – Individuals By Volume

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    • Rank – City VolumeFull NameCompanyLocationVolumeProfile
    1Alexa LambertCompassNew York, NY$923,676,714View Profile
    2Cathy FranklinCorcoranNew York, NY$464,470,468View Profile
    3Deborah KernCorcoranNew York, NY$327,279,248View Profile
    4Lisa LippmanBrown Harris Stevens New York, NY$274,479,984View Profile
    5Emily BeareCORE Group Real EstateNew York, NY$246,575,138View Profile
    6Diana ZhangBrown Harris Stevens Development MarketingNew York, NY$217,421,512View Profile
    7Stephanie Bo LiDouglas EllimanNew York, NY$210,380,000View Profile
    8Jill Bernard Brown Harris Stevens New York, NY$169,052,091View Profile
    9Brian Manning Brown Harris Stevens New York, NY$151,175,000View Profile
    10Sebastian SteinauCorcoranNew York, NY$144,433,275View Profile

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    2023 New York City Housing Market Summary

    New York, New York started 2023 with a total of 19 single-family homes on the market, with a median home price of $11,995,000 and an average price per square foot of $2,075. By the end of the year, inventory had increased to 66 homes on the market (+247%), with a median home price of $7,725,000 (-35%) and an average price per square foot of $1,726 (-16%).

    At the start of 2023, the median days on market (DOM) was 70 days – by the end of the year, median DOM had increased to 140 days.

    New York City started the year with 15% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 22% of New York homes for sale had taken a price cut.

    Finally, Altos’ proprietary Market Action Index (MAI) shows that New York City started 2023 as a strong seller’s market, with an MAI score of 46; by the end of the year, the MAI had dropped to 33 – a balanced buyer and seller’s market.

    This market summary is powered by Altos Research – click here to run a free report for your area.

    Housing Market News

    AdobeStock_250556333

    Lower mortgage rates attracting more homebuyers 

    Sep 16, 2024By

    An often misguided premise I see on social media is that lower mortgage rates are doing nothing for housing demand. That’s ok — very few people are looking at the data without an agenda. However, the point of this tracker is to show you evidence that lower rates have already changed housing data. So, let’s […]

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