New York state achieves pre-recession market sales

  • The report says New York had an immense year in 2015, growing 8 percent in total home sales.
  • Across the state, sellers received 95.8 percent of asking price at sale, which is a .4 percent year-over-year increase.
  • Duncan R. Mackenzie, CEO of NYSAR, pointed out the last time the state saw three consecutive years of sales over 100,000 – 2005 to 2007, was just prior to the housing market crash.
  • Both Queens and The Bronx exhibited high total closed sales for 2015.

Get Smarter. Grow Your Referral Network.
Limited seating available for Inman Connect San Francisco

For the third consecutive year, the state of New York surpassed 100,000 residential property sales.