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

113,700

Jobs Created
1.2%

$78,227

Median Household Income
3.8%

47,805

Total Housing Permits
0.9%

436

Total Number of Projects
1.9%

$520,885

SFD New Home List Price
-16.3%

1,599

New Home Sales
-14.6%
Monthly

Market Health

New York s population is 20.3M, with a total workforce of 9.8M. The labor market grew by 113,700 jobs over the past year, up by 1.2%. The median household income in New York is $78,227, 3.8% higher than last year and 27.5% above the national average of $61,372. In the housing market, total permits issued totaled 47,805 over the last twelve months, up 0.9% year-over-year. New York has 436 active new home projects on the market, 1.9% more than the 428 from last year. The average list price in the market is $520,885, 16.3% lower than last year and 68.2% above the national average. Over the last three months, new home contracts decreased by 14.6% to 1,599. 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

Managing Principal

Tim Sullivan

Managing Principal


Steve LaTerra

Managing Director

Steve LaTerra

Managing Director


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