The 2024 real estate market across the New York metropolitan area, as represented by the full market reach of OneKey® MLS subscribers, experienced rising home prices, continued inventory constraints, and a slight decline in closed sales.

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 December 2024 reflecting continued strength in the housing market with higher-value transactions.