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

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    • Rank – City VolumeTeam NameCompanyLocationVolumeProfile
    Not RankedNoble Black & Partners Team at Douglas EllimanDouglas EllimanNew York, NY$389,438,487
    Not RankedBethoney ShenNest Seekers InternationalNew York, NY$253,575,395
    Not RankedThe Masters Division at Nest Seekers InternationalNest Seekers InternationalNew York, NY$251,679,765
    Not RankedBizzarro AgencyBizzarro AgencyNew York, NY$98,171,355
    Not RankedNew York Living SolutionsKeller Williams NYCNew York, NY$31,646,603
    Not RankedSkyward TeamCorcoranNew York, NY$26,361,162

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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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