Manhattan Real Estate Market Report: 1Q 2025
The Manhattan market is off to an exceptional start in 2025. For the fourth time in two decades, all key demand indicators have improved in the first quarter, with sales surging 14% and sales volume skyrocketing to over $6 billion.
NYC Residential Rental Market Report: February 2025
In February, Manhattan's rental market experienced one of the lowest vacancy rates in three years. Brooklyn's rental market also experienced lower-than-usual February lease numbers while available inventory experienced its first annual decline in nearly three years.
Manhattan $5M+ Luxury Sales: February 2025
February 2025 had 85 contracts over $5M, up 29% year-over-year, the third strongest February in 10 years. New development contracts asking over $5M more than doubled annually.
Manhattan Condo & Co-Op Sales: February 2025
In January 2025, Manhattan sales increased 2% year-over-year to a three-year January high of 804 contracts. This was the fifth consecutive month that sales rose year-over-year, but the least significant annual percentage gain since August 2024.
Brooklyn Condo & Co-Op Sales: February 2025
The second month of 2025 was Brooklyn's most active February in three years.
Long Island City & Astoria Market Report: 2H 2024
Inventory rose by significant margins in LIC and Astoria through the latter half of 2024.
NYC Residential Rental Market Report: January 2025
Manhattan renters faced a challenging market as we entered 2025. The Brooklyn rental market also kicked off the new year on a relatively subdued note.
Manhattan Condo & Co-Op Sales: January 2025
In January 2025, Manhattan sales increased 2% year-over-year to a three-year January high of 804 contracts. This was the fifth consecutive month that sales rose year-over-year, but the least significant annual percentage gain since August 2024.
Brooklyn Condo & Co-Op Sales: January 2025
Inventory growth promotes strongest January in three years. Pricing holds steady amid limited negotiability.