Where Are New York City Buyers Coming From?

Where Are New York City Buyers Coming From?

The New York Times-Real Estate·2024-09-13 06:15

Buying a home in New York City is expensive, but out-of-state buyers are still moving to the city, just in smaller numbers than they were 10 years ago.

A recent study by PropertyShark compared where the city’s buyers came from in the first halves of 2014 and 2024, analyzing sales of single-family and two-family homes, condos and co-ops with a sale price of at least $100,000. All 50 states and Washington, D.C. were included, as were foreign countries, which were lumped together as a group. The data was extracted from public records, and the origins of buyers who purchased through an L.L.C. were manually confirmed.

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