Articles on 10 West End Avenue

Residential Brokerages Demonstrate Marked Growth

The Real Estate Market for Manhattan's condos is seeing much improvementIt’s a good time to be a part of Manhattan’s residential brokerages. With a recovering market, several real estate offices in Manhattan have been able to maintain or even expand their ranks and value. While the number of overall condo listings on the market may have declined, the value of these Manhattan condos has dramatically increased by 12%. This trend is still led out on top by the Corcoran group, boasting both the highest current number of agents and 3.5 billion dollars worth of sales. Other firms such as Prudential Douglas Elliman and Halstead Property are also doing quite well for themselves, showing double-digit percent increases in listings. While the real estate market in Manhattan continues to be dominated by a few big names, these trends of increase seem to predict growing opportunity for real estate agencies in New York.