2015 NYC Residential Sales $113.4 billion

All Real Estate Sales in 2015 compared to 2014

In 2015, the total consideration for all real estate transactions was $113.4 billion, a 33 percent increase in total consideration compared to $85.2 billion in 2014. ­­­­­­­­­­­­In 2015, there were 53,904 real property sales, a 10 percent increase over the 49,099 in 2014. The information for the citywide residential home sales is taken from the REBNY Residential Sales Reports. These properties include 1-3 family homes, condominiums, and cooperatives.  The information for the citywide investment property sales is sourced from the REBNY Investment Sales Report. Investment properties include commercial, manufacturing and multifamily rental properties. "Consideration" is the sum or total monetary value for completed transactions. "Real Estate" transactions do not include air rights and ground leases. source REBNY