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

109,400

Jobs Created
1.1%

$77,579

Median Household Income
2.9%

47,090

Total Housing Permits
0.1%

447

Total Number of Projects
7.7%

$596,191

SFD New Home List Price
-7.2%

1,546

New Home Sales
-15.5%
Monthly

Market Health

New York s population is 20.3M, with a total workforce of 9.8M. The labor market grew by 109,400 jobs over the past year, up by 1.1%. The median household income in New York is $77,579, 2.9% higher than last year and 26.4% above the national average of $61,372. In the housing market, total permits issued totaled 47,090 over the last twelve months, up 0.1% year-over-year. New York has 447 active new home projects on the market, 7.7% more than the 415 from last year. The average list price in the market is $596,191, 7.2% lower than last year and 97.0% above the national average. Over the last three months, new home contracts decreased by 15.5% to 1,546. 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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