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

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Rank – City VolumeTeam NameCompanyLocationVolumeProfile
1Shaun Osher TeamCORE Group Real EstateNew York, NY$942,238,957View Profile
4Bethoney ShenNest Seekers International New York, NY$304,456,751View Profile
16The Masters Division at Nest Seekers InternationalNest Seekers InternationalNew York, NY$230,414,635View Profile
76Bizzarro Agency Bizzarro AgencyNew York, NY$68,064,499View Profile
164New York Living SolutionsKeller WilliamsNew York, NY$33,792,500View 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

Revolutionized financing: How Zillow empowers home shoppers with innovative tools 

Dec 03, 2024 7:00 amBy

Prospective homeowners enter the housing market with two questions: Where do I begin? How much home can I afford? Once the process starts, nearly half of home buyers report shedding tears at some point. Potential homeowners should be able to handle this confusion in a world where technology and digital tools rule customer service. Fortunately, home buying doesn’t have to remain confusing for new buyers. 

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Agent News

Continued downward trend in agent mobility reflects ongoing challenges in real estate market 

Nov 29, 2024By

Key observations from October • Continued decline in agent movement:   The seasonally adjusted AMI metric for October dropped to 86.2, marking another decrease in agent mobility and continuing the downward trend observed in recent months.  • Factors influencing decline  The Presidential election and the implementation of the National Association of Realtors (NAR) settlement appear to have significantly impacted agents’ […]