![Bahar Tavakolian](https://www.compass.com/m3/3908d509b50eb7657a8210b2122d058732cb5f0f/300x300.jpg)
Bahar Tavakolian
Social Media
Awards
- Ranked #8 Individual Agent in Manhattan at Compass
- Ranked #10 Individual Agent in NY State at Compass
- Top 250 of Small Teams nationwide (top 0.5% of top agents nationwide)
Press
Specialties
Education
Deeply respected Manhattan broker Bahar Tavakolian delivers high-touch, goal-oriented service to buyers and sellers that is focused, sophisticated, and savvy. Her proven approach to securing record-breaking success for her clients is clear: understand their needs, leverage superior market intelligence, relentlessly pursue the goal and deliver results.
What the Clients are Saying
“Bahar’s sophistication is evident in every aspect of her work—from her innovative marketing to the way she conducts herself. There is an undeniable psychology to what she does, and she understands exactly how to position a property for success.” — Parent, Manhattan Private School
“Bahar brings both the art and science of real estate to every transaction. The art lies in her impeccable eye—an accomplished, high-taste professional who understands aesthetics at the highest level. The science comes from her analytical expertise—a deeply educated and strategic thinker who grounds every decision in data.” — Partner, Top National Law Firm
"I was blown away by Bahar's ability to communicate her ideas, her vision. She is very systematic she has a very scientific approach to her job; which, for me as a seller, was very comforting especially in the market at that time. The way she communicates gives me great confidence." - Partner, Top National Law Firm
"Dear Bahar, when I think of things for which I’m grateful in this sobering year, you are at the top of the list. Thank you for coming into a delicate familial situation with grace, sensitivity and intelligence – figuring out why our beautiful apartment hadn’t sold and working with me to turn things around. Selling our home was one of the bright spots of the year for me, and working with you was pure pleasure. Your grace and professionalism were stunning and the results couldn’t have been more quick or compelling. I’m incredibly grateful to you." - By Author & Screenwriter, Manhattan, NY
![A text banner describing the founding member](https://www.compass.com/m/13/c1d37c2b-5bcc-4b1d-b287-4163086b8078/2000x2001.webp)
THE 2024 ULTRA-LUXURY ($10M+) REPORT
The ultra-luxury residential real estate market showcased resilience and strength across the nation in 2024.
A total of 1,744 homes sold at $10 million and above, generating an impressive $31.39 billion in sales—well surpassing 2023 figures and underscoring the continued demand for exceptional properties. This momentum, fueled by continued wealth growth and favorable economic conditions for ultra-luxury buyers, signals another promising year ahead in 2025. From trophy homes in iconic destinations to private exclusives offering unparalleled discretion, the segment is poised for another strong year.
Looking to 2025: the outlook remains optimistic, driven by two key factors:
- High-net-worth individuals (HNWI) continue to grow their fortunes, supported by strong financial markets, robust economic activity, and strategic wealth management.
Additionally,
- An unprecedented transfer of wealth is underway, as older generations pass significant assets to their heirs. This influx of liquidity is empowering a new wave of buyers to enter the ultra-luxury market, driving demand for ultra-exclusive properties, despite ongoing inventory challenges.
High-net-worth individuals are uniquely positioned to weather broader economic fluctuations, as they are often less affected by rising mortgage rates and can leverage alternative financing or cash purchases. Additionally, their focus on lifestyle, legacy, and strategic investments ensures continued strong activity in the ultra-luxury market.
Q4 2024 - Manhattan Market Report
We’re excited to share that Manhattan’s residential real estate market wrapped up Q4 2024 on a high note! After months of hesitation, many buyers jumped back into the market, encouraged by gains in the equity markets and a growing acceptance of today’s market conditions. Even with elevated mortgage rates and tight inventory, apartment sales saw a solid 10.6% increase compared to the same time last year.
However, inventory remains a challenge. The number of available homes dropped 14.3% from Q3 2024 and 8.6% year-over-year. While we all hope to see more homes coming to market, this supply-demand imbalance is likely to continue for now.
Condo sales stole the spotlight this quarter, jumping 21.5% year-over-year, with the average price approaching $3 million—the highest we’ve seen since 2018! Buyers in this market, who are typically less affected by mortgage rates, showed a clear preference for turnkey properties and modern amenities. Co-op sales, on the other hand, grew more modestly by 2.8%, with a slight dip in average prices.
Click HERE to access the full report.
Q4 2024 - Brooklyn Market Report
Brooklyn’s real estate market continues to show resilience in an unsteady market. Buyers have come off the sidelines, making amends with mortgage rates & engaging with the market.
Sales:
- There were 2,292 sales this quarter, a 7.7% year-over-year (YOY) increase.
- Notably, houses were 51.4% of sales.
- Condo sales increased by 7.3%, accounting for just under 30% of transactions.
Contracts Signed:
With the election in the rearview mirror encouraging many to move forward, about 1,560 contracts were signed, an overall increase of 6.6% YOY and 6.1% quarter-over-quarter (QOQ), alluding to positive movement to start 2025.
At the same time, co-op contracts declined significantly compared to last year, largely driven by inventory challenges.
Inventory:
Inventory remained a defining factor in Q4. A meager 2,863 properties were actively listed, a decrease of 4%.
- Condos were the only property type with an increase in inventory, leading to 16.3% more properties available on the market compared to last year.
- The $2M-3M and $3M+ price points were the only brackets to see an increase in inventory.
- New listings were down 8.2% compared to Q4 2023, a decline driven entirely by co-ops.
Columbus Ave, Penthouse
Magnificent with Terraces & Glorious Views of Park & the Museum
Experience unparalleled luxury living at this truly one-of-a-kind penthouse residence, directly across from the parks of the iconic American Museum of Natural History, and offering breathtaking vistas of Central Park & the Manhattan Skyline. This exceptional home boasts an exquisite blend of sophistication and modernity, complete with a rooftop decked terrace and multiple other outdoor areas that elevate urban living to new heights.
View the virtual Property Tour HERE.
923 5th Ave, Lenox Hill, NY
![923 5th Ave, Lenox Hill, NY](https://www.compass.com/m/13/da07e814-bb88-4a54-95da-56f02b746a87/origin.webp)
20 Schaffer Rd, Alpine, NJ
SOLD: 67 Squire Rd Roxbury, CT
![SOLD: 67 Squire Rd Roxbury, CT](https://urbancompass-image-index.s3.amazonaws.com/b229f60c67b074cbf77e4a56d5e0c2194fedbe50.jpg)
SOLD: Villa Agora, Casa de Campo, D.R.
![SOLD: Villa Agora, Casa de Campo, D.R.](https://urbancompass-image-index.s3.amazonaws.com/d8d6b7c25b47d80a37c7c7e8fc64d2e61fc63506.jpg)
Bahar Tavakolian’s Listings
Bahar Tavakolian’s Transactions
![$19,000,000 | 1125 5th Avenue | Manhattan](https://www.compass.com/m3/423ff91d294837bb883ea0d2df61f86d0949efd8/165x165.jpg)
$19,000,000
- Bedrooms
- 5
1125 5th Avenue
Manhattan
![$13,750,000 | 923 Fifth Avenue, Unit 17CD | Upper East Side](https://www.compass.com/m3/585c23f3c3fa3278bde48cece4d6deb65c3b7734/165x165.jpg)
$13,750,000
- Bedrooms
- 5
923 Fifth Avenue, Unit 17CD
Upper East Side
![$8,700,000 | 125 East 78th Street | Townhouse | Upper East Side](https://www.compass.com/m3/858abca8dd84a7ab0bd344320937b458bad3a226/165x165.jpg)
$8,700,000
125 East 78th Street | Townhouse
Upper East Side
![$8,350,000 | 993 Fifth Avenue, Unit 5A | Upper East Side](https://www.compass.com/m3/beea8804f7f3d88558f636bd5fdf3c443c978863/165x165.jpg)
$8,350,000
- Bedrooms
- 4
993 Fifth Avenue, Unit 5A
Upper East Side
$7,995,000
- Bedrooms
- 4
- Bathrooms
- 4.5
Madison Avenue
Upper East Side
![$7,995,000 | 56 Crosby Street, Unit 3B | SoHo](https://www.compass.com/m3/5aa6b338053134f86fa1a75a24fef291a1e90864/165x165.jpg)
$7,995,000
- Bedrooms
- 2
56 Crosby Street, Unit 3B
SoHo
$7,995,000
- Bedrooms
- 4
- Bathrooms
- 1
Madison Avenue
Upper East Side
![$7,950,000 | 279 Central Park West, Unit 11B | Upper West Side](https://www.compass.com/m3/ec1fbcf210765de612ff866fcee61cab5b6966ee/165x165.jpg)
$7,950,000
- Bedrooms
- 3
279 Central Park West, Unit 11B
Upper West Side
![$7,900,000 | 212 West 18th Street, Unit 11E | Chelsea](https://www.compass.com/m3/e687fd67c69a8f78d0b0fb135b8802f8f4c359bc/165x165.jpg)
$7,900,000
- Bedrooms
- 2
212 West 18th Street, Unit 11E
Chelsea
![$7,757,500 | 1080 Madison Avenue, Unit 5 | Upper East Side](https://www.compass.com/m3/6946b03c8d6e9db13cf40b58f9806c1268a78d96/165x165.jpg)
$7,757,500
- Bedrooms
- 4
1080 Madison Avenue, Unit 5
Upper East Side
![$7,250,000 | 39 West 69th Street | Upper West Side](https://www.compass.com/m3/5d5caadb02724338095f7fe588d1394b21ebe400/165x165.jpg)
$7,250,000
39 West 69th Street
Upper West Side
$7,000,000
- Bedrooms
- 4
- Bathrooms
- 5.5
West 64th Street
Upper West Side
![$7,000,000 | 39 West 64th Street, Unit 7CD | Upper West Side](https://www.compass.com/m3/23a67024770fee5950fb99dfb9740a5e7312800d/165x165.jpg)
$7,000,000
- Bedrooms
- 4
39 West 64th Street, Unit 7CD
Upper West Side
$6,950,000
- Bedrooms
- 3
- Bathrooms
- 3
Franklin Street
TriBeCa
$23,500
- Bedrooms
- 3
- Bathrooms
- 3
5th Avenue
Lenox Hill
Listing Courtesy of Stribling & Associates
$11,500
- Bedrooms
- 2
- Bathrooms
- 2
West Street
Financial District
Listing Courtesy of Douglas Elliman Real Estate