New York Real Estate and Homes for Sale

(Report as of 05-22-13. Also see: New York Apartments and Rentals and New York Property Records)


New York City is located in New York state and consists of the five boroughs (Manhattan, Brooklyn, Queens, Bronx, and Staten Island). The following is a real time, up the minute report for the NYC real estate market, as of 05-22-13, discussing stats and figures about real estate and homes for sale in New York

Average Sales Stats:

Based on current sales data, the average price to purchase a home or apartment in New York is $2,171,298. The average New York home price per square foot is $1,088. The average home is 1,715 square feet, has 2 bedrooms and 2 bathrooms. New York offers many different types of residential property, including condominiums (or condos), coops, and townhouses (such as well known New York brownstones). NYC condos carry an average monthly maintenance of $1,669 per month. The majority of NYC home sales are in post war buildings.

About the Current Real Estate Market:

New York City currently has 14126 homes for sale, including the following different types of property: 5670 condos / condominiums, 6503 coops, and 1951 townhouses (for example brownstones or other types of single or multi-family homes). Of these, 1626 homes are single room studios, 4307 are one bedroom homes, 3743 are two bedroom homes, 1601 are three bedroom homes and the rest are larger. While data is not available for all properties, 841 of the homes in New York City are known to have been constructed or renovated recently and are therefore likely to be relatively newer in appearance and amenities.

A number of the homes for sale in New York City are luxury homes or luxury condos or simply contain premium amenities. Among them, 6138 have air conditioning, 4523 offer city views, 4504 have concierge services inside the bulding, 8086 have a doorman, 7938 have elevator service, 1086 have a fireplace, 23 of the listings are available furnished, 4457 have a gym or fitness center, 4404 have hardwood floors, 1963 boast high ceilings, 517 have a jacuzzi, 7212 offer laundry services inside the building, 6505 have public outdoor space, 1066 have park views, 4959 offer parking, 673 are penthouse apartments, 9390 allow pets, 2442 have private outdoor space, 6662 offer storage, 1623 have a swimming pool, 5425 have a washer / dryer inside the home, 1265 have water views.

Price Reduced Homes:

There are currently 2,703 price reduced home for sale listings in New York City. Searching these homes can be helpful for those looking to invest strategically in New York City real estate.

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Active sales listings in New York (14126)
Avg Price: $2,171,298 | Avg Size: 1,715 Sqft | Avg Price / Sqft: $1,088
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