StreetEasy has been at the forefront of connecting eager New York City buyers, sellers, and renters with their perfect home since 2006. With our thousands of trusted, accurate listings, advanced search filters, and network of professionals ready to assist, we make finding and closing on your dream place that much more of a reality.
Now, as another year goes down in StreetEasy history, let’s delve into the key numbers and findings of 2023. What were the most sought-after listings, the amenities that captivated discerning buyers, and the neighborhoods that stole the spotlight? From towering luxury buildings to hidden gems, we’ll paint a comprehensive portrait of a year marked by interesting trends, delightful triumphs, and the ever-shifting pulse of the NYC real estate market.
As always, thank you for being a StreetEasy user and joining us in our mission to guide New Yorkers home!
At-a-Glance
Total volume of NYC residential real estate transactions
$40,232,297,797
Busiest day of the year on StreetEasy
January 29, 2023 (sales)
July 10, 2023 (rentals)
Day with most open houses
May 21, 2023 (sales)
5,249 open houses
August 6, 2023 (rentals)
2,839 open houses
Listings
Among so many NYC homes for sale or rent, a few listings stand out from the pack each year — like the ones below in 2023.
Most-Saved Rentals
Browsing StreetEasy and come across a home you love? Save it! You’ll be automatically notified of important updates to the listing, like price changes or upcoming open houses.
The following rentals were the most-saved by StreetEasy users in 2023. For fan-favorite sales listings, see our weekly Most Popular series.
East Village, Manhattan
Listed by Randall Smith of R New York
Lenox Hill, Manhattan
Listed by Randall Smith of R New York
Bushwick, Brooklyn
Listed by Magal Gabay of Rumah Realty
Most Expensive Listings Sold
These StreetEasy listings sold for the highest prices in 2023.
$65.6M
Listed by Noel Berk of Engel & Völkers
$47M
Listed by Adam Modlin of Modlin Group
$36M
Listed by Steve Dawson of Compass
Search Behavior
StreetEasy’s numerous search options and advanced filters enable you to find your ideal home faster. Year after year, how apartment-hunters use these filters can tell us a lot about what’s trending in NYC real estate. Here’s what our users were searching for in 2023.
Most-Searched Amenities
More and more NYC buyers and renters are prioritizing certain amenities when searching for a home. The following amenities reigned supreme in 2023.
1. In-unit laundry
4. Elevator
2. Pets allowed
5. Doorman
3. Dishwasher
Most-Searched Subway Lines
For the commute-conscious, you can filter listings by which subway lines are nearby. Just click More in the search bar to see the advanced search options, and scroll down to Nearby > Transit.
In 2023, for both sales and rentals, the most-searched subway lines were:
| 1. |  | Lexington Avenue Express |
| 2. |  | Seventh Avenue Express |
| 3. |  | Eighth Avenue Express |
| 4. |  | Broadway–Seventh Avenue Local |
| 5. |  | Lexington Avenue Express |
Most-Searched Neighborhoods
These New York City neighborhoods captured the hearts of the most StreetEasy users in 2023, for both sales and rentals. Plus, see how the rankings have changed from 2022.
2023
1. Midtown East, Manhattan
2. West Village, Manhattan
3. Greenwich Village, Manhattan
4. Williamsburg, Brooklyn (+2)
5. Chelsea, Manhattan (-1)
6. SoHo, Manhattan (+1)
7. Midtown West, Manhattan (-2)
8. Flatiron District, Manhattan
9. Gramercy Park, Manhattan
10. Tribeca, Manhattan (+1)
2022
1. Midtown East
2. West Village
3. Greenwich Village
4. Chelsea
5. Midtown West
6. Williamsburg
7. SoHo
8. Flatiron District
9. Gramercy Park
10. East Village
Neighborhoods
Each NYC neighborhood is like its own real estate market, and StreetEasy carefully tracks data and trends in these hyper-local markets throughout the year. Here’s what the city’s neighborhoods looked like this year in terms of pricing and changes in the housing supply.
Most Expensive Neighborhoods
The following were the priciest neighborhoods in 2023 based on median asking price or median asking rent, and how the rankings have changed since 2022.
Sales: 2023
1. SoHo, Manhattan: $4,250,000
2. Tribeca, Manhattan: $3,950,000
3. Nolita, Manhattan: $2,822,500
4. Flatiron District, Manhattan: $2,553,000
5. Carroll Gardens, Brooklyn: $2,395,000
6. Midtown, Manhattan: $2,300,000 (+4)
7. Boerum Hill, Brooklyn: $2,295,000 (+5)
8. Little Italy, Manhattan: $2,272,500 (-1)
9. Red Hook, Brooklyn: $2,270,000 (-3)
10. Chelsea, Manhattan: $2,195,000 (-1)
Sales: 2022
1. SoHo
2. Tribeca
3. Nolita
4. Flatiron District
5. Carroll Gardens
6. Red Hook
7. Little Italy
8. DUMBO
9. Chelsea
10. Midtown
Rentals: 2023
1. Tribeca, Manhattan: $8,090
2. DUMBO, Brooklyn: $5,695 (+1)
3. Flatiron District, Manhattan: $5,650 (-1)
4. SoHo, Manhattan: $5,350
5. Battery Park City, Manhattan: $5,240
6. Chelsea, Manhattan: $5,000
7. West Village, Manhattan: $4,900
8. Midtown, Manhattan: $4,800 (+1)
9. Midtown South, Manhattan: $4,700 (-1)
10. Greenwich Village, Manhattan: $4,695 (+1)
Rentals: 2022
1. Tribeca
2. Flatiron District
3. DUMBO
4. SoHo
5. Battery Park City
6. Chelsea
7. West Village
8. Midtown South
9. Midtown
10. Nolita
Neighborhoods With Largest Increases in Inventory
A neighborhood’s inventory — the number of homes on the market for sale or rent — is a key factor in its affordability, growth, popularity, and other indicators. Here’s where inventory rose the most in 2023, based on the percentage increase from the same period last year.
Sales
1. Flushing, Queens: 19.7%
2. Bensonhurst, Brooklyn: 16.8%
3. Tribeca, Manhattan: 14.1%
4. Morningside Heights, Manhattan: 9.1%
5. Woodside, Queens: 6.6%
Rentals
1. Woodside, Queens: 59.3%
2. Clinton Hill, Brooklyn: 47.4%
3. Mott Haven, Bronx: 40.6%
4. Boerum Hill, Brooklyn: 38.8%
5. SoHo, Manhattan: 33.7%
StreetEasy thanks you again for helping make 2023 an eye-opening journey through the world of New York City real estate. Your trust and enthusiasm have shaped us into the go-to destination for New Yorkers in search of their next home. Together, let’s continue this journey in 2024, navigating the city’s vibrant neighborhoods, iconic landmarks, and diverse boroughs, unlocking the dream homes that await. Here’s to another year of making New York yours!
SOURCES: StreetEasy data, ACRIS
To allow for publishing before year end, all data cited in this article is based on the time frame of January-October 2023.
StreetEasy is an assumed name of Zillow, Inc. which has a real estate brokerage license in all 50 states and D.C. See real estate licenses.
