February 2024 NYC Housing Market Report

Written By Carol williams

Cheers to all of the home sellers in 2024! Dream Homes with Raven is proud to share a recap of the New York City Housing Market to date:

  • Since the beginning of the year, New York City (all boroughs) saw an increase in existing home sales by 3%

  • Mortgage rates are currently hovering above 7%

  • Google has opened its newest NYC office at St. John’s Terminal

  • The top of the list for Manhattan sales this month include a co-op at 995 Fifth Avenue Apartment 7S (Upper East Side) for $11,300,000 on February 13, 2024

  • The top of the list for Brooklyn sales this month include a townhouse at 168 Lafayette Avenue (Fort Greene) for $5,265,000 on February 2 2024

Carol williams
Next

How can investors navigate the complexities of commercial real estate leasing and development in New York City's dynamic market?