Manhattan, NY<\/a> focus allows him to advise clients at every stage of ownership. <\/p>\nExperience Proof Points: <\/p>\n
$1.56 billion in career sales volume across 824 closed transactions <\/p>\n
Ranked among the Top 100 Real Estate Professionals in the United States <\/p>\n
Ranked among the Top 15 Real Estate Professionals in Manhattan <\/p>\n
2026 RealTrends Verified: #1 Small Team by Sales Sides in Manhattan <\/p>\n
2026 RealTrends Verified: #5 Small Team by Sales Volume in Manhattan <\/p>\n
Backed by 121 five-star client reviews <\/p>\n
What Do the Manhattan Market Numbers Say Right Now? <\/p>\n
Manhattan’s housing market is showing higher prices but a slower pace of sales. The median sale price is approximately $1.4 million, up 6.2% year over year, while 2,328 homes sold during the latest reporting period, down 8.8% from last year. <\/p>\n
Homes are taking a median of about 91 days to sell, compared with 68 days a year ago. That longer timeline gives buyers more opportunity to compare properties, complete due diligence, and negotiate, even as overall values remain elevated. <\/p>\n
For sellers, the combination of rising prices and slower turnover makes accurate positioning especially important. Buyers are still willing to pay for desirable Manhattan properties, but they have more time to evaluate alternatives and push back when pricing does not match the property. Sellers who enter the market with realistic expectations, strong presentation, and a property-specific pricing strategy are better positioned to attract serious interest. <\/p>\n
Who Is Michael J. Franco of Compass? <\/p>\n
Michael J. Franco is a Principal Agent at Compass and the leader of the Michael J. Franco Team, based at Compass headquarters on Fifth Avenue in Manhattan. <\/p>\n
Over nearly two decades in New York real estate, he has built a practice around detailed market analysis, direct communication, and close involvement in each transaction. His work spans traditional apartment sales, high-value properties, and transactions that require careful navigation of building rules, financial requirements, and negotiation strategy. <\/p>\n
Franco is also recognized as one of the market’s leading producers, ranking among the Top 15 real estate professionals in Manhattan and the Top 100 nationally. He has been recognized by The Wall Street Journal and RealTrends and is backed by 121 five-star client reviews. <\/p>\n
Clients know him for straightforward advice, responsiveness, and a calm, methodical approach to buying and selling in one of the country’s most complex real estate markets. <\/p>\n
Media Contact: <\/p>\n
SOURCE: Michael J. Franco <\/p>\n
View the original press release<\/a> on ACCESS Newswire <\/p>\n","protected":false},"excerpt":{"rendered":"With over 824 career transactions and a data-driven approach to the market, Michael J. Franco has solidified his…\n","protected":false},"author":2,"featured_media":340124,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[102980,75,84,83,127677,9,24,63],"class_list":["post-340123","post","type-post","status-publish","format-standard","has-post-thumbnail","category-manhattan","tag-franco","tag-manhattan","tag-manhattan-headlines","tag-manhattan-news","tag-michael-j-franco","tag-new-york","tag-new-york-city","tag-nyc"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/340123","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=340123"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/340123\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/340124"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=340123"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=340123"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=340123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}