Find Broadway, historic landmarks, and Wall Street, alongside traffic and sky-high home prices in the city that never sleeps.

Office Location

315 West 36th Street
New York, NY 10018

100,200

Jobs Created
1.0%

$78,547

Median Household Income
.1%

57,855

Total Housing Permits
22.3%

489

Total Number of Projects
-3.0%

$639,275

SFD New Home List Price
10.8%

0

New Home Sales
-7.7%
Monthly

Market Health

New York s population is 20.0M, with a total workforce of 9.9M. The labor market grew by 100,200 jobs over the past year, up by 1.0%. The median household income in New York is $78,547, 0.1% higher than last year and 24.3% above the national average of $63,179.
In the housing market, total permits issued totaled 57,855 over the last twelve months, up 22.3% year-over-year. New York has 489 active new home projects on the market, 3.0% fewer than the 504 from last year. The average list price in the market is $639,275, 10.8% higher than last year and 83.6% above the national average. Over the last three months, new home contracts decreased by 7.7% to 1,564. New York and Brooklyn had the highest concentration of the new home contracts in the New York market.

Our Experts

Work with leaders in the industry.

Tim Sullivan

Senior Managing Principal

Tim Sullivan

Senior Managing Principal


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