With over 50 neighborhoods in Manhattan alone, New York City is a complex real estate market. The median home price is at $1.1 million in 2023 and is expected to remain high in 2024. Values are expected to go up 7.1% in the short term. In the past 36 months, 22,000 homes sold with an average time on the market of 76 days. In 2023, prices per square foot vary wildly from $352.48 to $1,890, depending on location. Fewer than 20% of homes are houses, with the majority being a split of condos and co-ops. Finding the right Realtor® is a challenge, so we’ve brought the best of the best to you.
Welcome to Real Estate Insights Magazine – where the vast and dynamic world of real estate comes alive on every page! Established in [Year], our magazine has been at the forefront of delivering insightful, up-to-date information to real estate professionals, investors, and home enthusiasts alike. Our Mission: We are dedicated to providing our readers with comprehensive coverage of the latest trends, market analyses, and success stories in the real estate sector. Our goal is to inform, inspire, and influence the real estate community, from seasoned experts to those just stepping into this exciting field.