News

OneKey® MLS, the premier real estate marketplace providing monthly statistics for residential transactions from Montauk to Manhattan and through the Hudson Valley to the Catskill Mountains, reported data for November 2024 reflecting continued strength in the housing market with higher-value transactions.

OneKey® MLS reports that higher-value transactions show continued strength in October 2024, with the regional single-family closed median sale price was $706,000, marking an 8.6% year-over-year increase from $650,000 in October 2023 in the New York metropolitan residential real estate market.

Richard Haggerty, CEO of OneKey® MLS, has been elected to the 2025 Board of Directors of the Council of Multiple Listing Services. Haggerty will influence key decisions and drive strategic initiatives to help MLSs navigate this pivotal time in real estate.

OneKey® MLS selected RE-Target® by SavvyCard® to deliver targeted advertising and communications via its Clareity MLS SSO dashboard.

Despite tight inventory, the median closed price for single family homes and condominiums rose year over year in September 2024, even though total transactions were down across the New York Metropolitan Region.

OneKey® MLS is pleased to announce several staff appointments and industry achievements. Gary Connolly has been named Senior Vice President of Business Development, Jeff Marzo has been named Senior Product Manager, and Laverne Brown has been named Tier 2 Support Manager.

OneKey® MLS reports that the regional single-family closed median sale price was $725,000 in August 2024, marking an 8.4% year-over-year increase from $669,000 in August 2023. While there were fewer transactions, they were higher-value.

OneKey® MLS reported significant trends in July 2024 that bode well for the region’s housing market. In July, the regional single-family closed median sale price was $718,750, marking an 8.9% year-over-year increase from $660,000 in July 2023. Condominiums also saw an uptick, with a closed median sale price of $480,000, reflecting a 3.9% increase from $462,000 the previous year.

Richard Haggerty, CEO of OneKey® MLS, was named to the 2024 Long Island Business News Real Estate Influencer List for his positive impact in the community.