The average price for residential real estate in Manhattan, New York increased for luxury, new developments, and condos. Conversely, prices for re-sale and co-op properties declined slightly. In the third quarter of 2024, the average square footage price for a re-sale property was ***** U.S. dollars per square foot.

Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet in New York-Newark-Jersey City, NY-NJ-PA (CBSA) (MEDLISPRIPERSQUFEE35620) from Jul 2016 to Oct 2025 about square feet, NJ, New York, PA, NY, listing, median, price, and USA.

Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet in New York (MEDLISPRIPERSQUFEENY) from Jul 2016 to Oct 2025 about square feet, NY, listing, median, price, and USA.

Description:

This dataset contains prices of New York houses, providing valuable insights into the real estate market in the region. It includes information such as broker titles, house types, prices, number of bedrooms and bathrooms, property square footage, addresses, state, administrative and local areas, street names, and geographical coordinates.

Key Features:

• BROKERTITLE: Title of the broker
• TYPE: Type of the house
• PRICE: Price of the house
• BEDS: Number of bedrooms
• BATH: Number of bathrooms
• PROPERTYSQFT: Square footage of the property
• ADDRESS: Full address of the house
• STATE: State of the house
• MAIN_ADDRESS: Main address information
• ADMINISTRATIVE_AREA_LEVEL_2: Administrative area level 2 information
• LOCALITY: Locality information
• SUBLOCALITY: Sublocality information
• STREET_NAME: Street name
• LONG_NAME: Long name
• FORMATTED_ADDRESS: Formatted address
• LATITUDE: Latitude coordinate of the house
• LONGITUDE: Longitude coordinate of the house

Potential Use Cases:

• Price analysis: Analyze the distribution of house prices to understand market trends and identify potential investment opportunities.
• Property size analysis: Explore the relationship between property square footage and prices to assess the value of different-sized houses.
• Location-based analysis: Investigate geographical patterns to identify areas with higher or lower property prices.
• Bedroom and bathroom trends: Analyze the impact of the number of bedrooms and bathrooms on house prices.
• Broker performance analysis: Evaluate the influence of different brokers on the pricing of houses.

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The average asking rent for Class A office space in Midtown Manhattan was ***** U.S. dollars per square foot in the second quarter of 2025. It was above the Manhattan average of ***** U.S. dollars but below that of Midtown South, which was the most expensive district at ***** U.S. dollars per square foot. What is Class A real estate?Class A real estate refers to the best properties in terms of appearance, age, quality of infrastructure and location. These properties usually command the highest rental rates, due to their high quality. In the U.S., Manhattan has the most expensive rents for Class A offices.Midtown vs Midtown SouthMidtown Manhattan contains the Empire State Building, MoMA, Grand Central Station, and the United Nations Headquarters. The most expensive submarket there was Plaza District in 2025. Meanwhile, Midtown South is home to Madison Square Garden, Pennsylvania Station, Hudson Yards, and Koreatown. In 2025, the most expensive submarket there was Hudson Yards, followed by Chelsea and Hudson Square.

Between 2020 and 2022, the average square footage price of one-to-three family homes in Queens, New York increased. Existing condo prices, on the other hand, fell from ***** U.S. dollars per square foot in the ********************* to *** U.S. dollars per square foot in the *********************.

The average price per square foot of floor space in new single-family housing in the United States decreased after the great financial crisis, followed by several years of stagnation. Since 2012, the price has continuously risen, hitting ****** U.S. dollars per square foot in 2024. In 2024, the average sales price of a new home exceeded ******* U.S. dollars. Development of house sales in the U.S. One of the reasons for rising property prices is the gradual growth of house sales between 2011 and 2020. This period was marked by the gradual recovery following the subprime mortgage crisis and a growing housing sentiment. Another significant factor for the housing demand was the growing number of new household formations each year. Despite this trend, housing transactions plummeted in 2021, amid soaring prices and borrowing costs. In 2021, the average construction cost for single-family housing rose by nearly ** percent year-on-year, and in 2022, the increase was even higher, at close to ** percent. Financing a house purchase Mortgage interest rates in the U.S. rose dramatically in 2022 and remained elevated until 2024. In 2020, a homebuyer could lock in a 30-year fixed interest rate of under ***** percent, whereas in 2024, the average rate for the same mortgage type was more than twice higher. That has led to a decline in homebuyer sentiment, and an increasing share of the population pessimistic about buying a home in the current market.

Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet in Nassau County, NY (MEDLISPRIPERSQUFEE36059) from Jul 2016 to Oct 2025 about Nassau County, NY; square feet; New York; NY; listing; median; price; and USA.

Context

This dataset contains every property sale from 2003 - 2019 in every borough in New York City.

Columns

-Borough: The name of the borough in which the property is located. -Neighborhood: Department of Finance assessors determine the neighborhood name in the course of valuing properties. The common name of the neighborhood is generally the same as the name Finance designates. However, there may be slight differences in neighborhood boundary lines and some sub-neighborhoods may not be included. -Building Class Category: This is a field that we are including so that users of the Rolling Sales Files can easily identify similar properties by broad usage (e.g. One Family Homes) without looking up individual Building Classes. Files are sorted by Borough, Neighborhood, Building Class Category, Block and Lot. -Tax Class at Present: Every property in the city is assigned to one of four tax classes (Classes 1, 2, 3, and 4), based on the use of the property. Class 1: Includes most residential property of up to three units (such as one-, two-, and three-family homes and small stores or offices with one or two attached apartments), vacant land that is zoned for residential use, and most condominiums that are not more than three stories. Class 2: Includes all other property that is primarily residential, such as cooperatives and condominiums. Class 3: Includes property with equipment owned by a gas, telephone or electric company. Class 4: Includes all other properties not included in class 1,2, and 3, such as offices, factories, warehouses, garage buildings, etc. Glossary of Terms for Property Sales Files -Block: A Tax Block is a sub-division of the borough on which real properties are located. The Department of Finance uses a Borough-Block-Lot classification to label all real property in the City. “Whereas” addresses describe the street location of a property, the block and lot distinguishes one unit of real property from another, such as the different condominiums in a single building. Also, block and lots are not subject to name changes based on which side of the parcel the building puts its entrance on. -Lot: A Tax Lot is a subdivision of a Tax Block and represents the property unique location. -Easement: An easement is a right, such as a right of way, which allows an entity to make limited use of another’s real property. For example: MTA railroad tracks that run across a portion of another property. -Building Class at Present: The Building Classification is used to describe a property’s constructive use. The first position of the Building Class is a letter that is used to describe a general class of properties (for example “A” signifies one-family homes, “O” signifies office buildings. “R” signifies condominiums). The second position, a number, adds more specific information about the property’s use or construction style (using our previous examples “A0” is a Cape Cod style one family home, “O4” is a tower type office building and “R5” is a commercial condominium unit). The term Building Class used by the Department of Finance is interchangeable with the term Building Code used by the Department of Buildings. See NYC Building Classifications. -Address: The street address of the property as listed on the Sales File. Coop sales include the apartment number in the address field. -Zip Code: The property’s postal code -Residential Units: The number of residential units at the listed property. -Commercial Units: The number of commercial units at the listed property. -Total Units: The total number of units at the listed property. -Land Square Feet: The land area of the property listed in square feet. -Gross Square Feet: The total area of all the floors of a building as measured from the exterior surfaces of the outside walls of the building, including the land area and space within any building or structure on the property. -Year Built: Year the structure on the property was built. -Building Class at Time of Sale: The Building Classification is used to describe a property’s constructive use. The first position of the Building Class is a letter that is used to describe a general class of properties (for example “A” signifies one-family homes, “O” signifies office buildings. “R” signifies condominiums). The second position, a number, adds more specific information about the property’s use or construction style (using our previous examples “A0” is a Cape Cod style one family home, “O4” is a tower type office building and “R5” is a commercial condominium unit). The term Building Class as used by the Department of Finance is interchangeable with the term Building Code as used by the Department of Buildings. -Sales Price: Price paid for the property. -Sale Date: Date the property sold. $0 Sales Price: A $0 sale indicates that there was a transfer of ownership without a cash consideration. Th...

A downloadable archive of Sale prices of properties through 2015. The files include neighborhood, building type, square footage, and other data.

The average Class B asking rent for office real estate in Manhattan in the fourth quarter of 2023 was ***** U.S. dollars per square foot. The district that reported the highest average Class B rent was Midtown South, where a square foot of space cost ***** U.S. dollars. Between the fourth quarter of 2022 and the fourth quarter of 2023, rents in Midtown South increased, while in Midtown and Downtown, they declined.

Home of the New York Stock Exchange, Times Square, the Theater District, and countless other landmarks, Manhattan is undoubtedly among the most expensive commercial real estate markets in the United States. On 5th Ave (49th St. - 59th St.), the annual asking rent of retail space reached ***** U.S. dollars per square foot in the first half of 2025. Broadway & 7th Ave (42nd St. - 47th St.) had the second-highest rent among Manhattan corridors, with a median asking rent of ***** U.S. dollars.

The amount of office space in Midtown Manhattan amounted to ****** million square feet in the second quarter of 2025. This was the largest district in terms of office inventory, followed by Midtown South and Downtown Manhattan. Importance of New York for office spaceManhattan is the most famous borough of New York City, and is home to the headquarters of many international organizations as well as multinational corporations, such as the United Nations, Citi and Pfizer. The borough is also located on an island in the middle of the city, which means that the volume of space is limited in supply and that real estate is in high demand there. Asking rents in the borough are, consequently, very high. Availability of office spaceThe availability rate of office space in Manhattan varies between the districts but is almost ** percent on average. This means that roughly ** percent of total rentable space is available.

This statistic shows the median size of new residential units in Manhattan and Brooklyn, New York in the first quarter 2018. In that quarter, the median size of newly developed two-bed units sold in Manhattan amounted to ***** square feet, whereas the median size of those sold in Brooklyn was ***** square feet.

The average Class B asking rent for office real estate in Midtown, Manhattan in the fourth quarter of 2023 varied by submarket. Columbus circle had the highest average Class B rent of ***** U.S. dollars per square foot, while Times Square had the lowest rate of ***** U.S. dollars per square foot. The average class B asking rent in Midtown was ***** U.S. dollars in that quarter.

Brooklyn is the most populous and densely populated county in New York, as well as among one of the most expensive real estate markets in the United States. In the second half of 2023, the average annual asking rent of retail real estate in different corridors in Brooklyn varied between ** and *** U.S. dollars per square foot. North Sixth Street (Driggs Ave - Kent Ave) was the most expensive corridor, with an average square footage rent of *** U.S. dollars.