Top Mega Teams in New York, New York – Ranked by Sides

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    • Rank – City SidesTeam NameCompanyLocationSidesProfile
    Not RankedThe Masters Division at Nest Seekers InternationalNest Seekers InternationalNew York, NY 510.0
    Not RankedBethoney ShenNest Seekers InternationalNew York, NY 208.0
    Not RankedBizzarro AgencyBizzarro AgencyNew York, NY 172.0
    Not RankedNoble Black & Partners Team at Douglas EllimanDouglas EllimanNew York, NY 154.0
    Not RankedNew York Living SolutionsKeller Williams NYCNew York, NY 33.6
    Not RankedSkyward TeamCorcoranNew York, NY 20.0

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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.

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