NYC REAL ESTATE MARKET REPORTS

Brooklyn Monthly Report:
July 2024

Contract activity declines annually for the fifth consecutive month.

Manhattan Monthly Report:
July 2024

Contract activity improves annually while days on market continues to fall.

Brooklyn Quarterly Report:
Second Quarter 2024

Brooklyn exhibited mixed signals in Second Quarter 2024. Closings were up but marketing times increased.

Manhattan Quarterly Report:
Second Quarter 2024

Manhattan market conditions remain less than ideal, but Second Quarter 2024 ended on a stable note.

Brooklyn Monthly Report:
March 2024

At over 350 sales, the number of signed contracts was the highest since June 2023.

Manhattan Monthly Report:
March 2024

Contract activity in Manhattan declined year-over-year for the first time since November 2023.

Brooklyn Quarterly Report:
First Quarter 2024

Although it remains early to conclusively declare a turnaround, there's a palpable sense of optimism regarding the trajectory of the Brooklyn market in the forthcoming months.

Manhattan Quarterly Sales Report:
Fourth Quarter 2023

In 4th Quarter 2023, sales and inventory moderated minimally versus last year, and even improved for parts of the market; inflation cooled without a major downturn; and mortgage rates began to decrease.

Brooklyn Quarterly Report:
Fourth Quarter 2023

The year ended on a different note than it began. In 4th Quarter 2023, closings fell less than earlier quarters, signed contracts improved, and days on market was on par with the stronger market of a few years ago.

Brooklyn Monthly Report:
November 2023

Sales decline versus November 2022 but improve compared with October 2023.

Manhattan Monthly Report:
November 2023

Contract activity declines compared to a year ago while days on market rises.

Brooklyn Quarterly Report:
Third Quarter 2023

Brooklyn's real estate market shows signs of stabilization amid challenges in Q3 2023.

Brooklyn Monthly Report:
September 2023

Limited inventory continues to impede overall contract activity in Brooklyn.

Manhattan Monthly Report:
September 2023

Contract activity cools while days on market continues to rise.

Brooklyn Monthly Report:
August 2023

Contract activity declines while listings sit on the market longer.

Brooklyn Townhouse Report:
First Half 2023

Following two years of a robust townhouse market in Brooklyn, sales during the first six months of 2023 resumed a slower pace.

Brooklyn Quarterly Sales Report:
Second Quarter 2023

While some challenges persisted in the Brooklyn real estate market, Second Quarter 2023 welcomed an encouraging rebound from the start of the year.

Manhattan Quarterly Sales Report:
Second Quarter 2023

Market-wide closings are down but there was a notable uptick in activity beginning mid-February. Let’s dive in.

East End Quarterly Sales Report:
Second Quarter 2023

With the frenzied post-Covid market in the rear-view mirror, low inventory and higher mortgage rates further slowed the Hamptons market.

Brooklyn Monthly Sales Report:
June 2023

Marketwide sales dipped but the pace of decline has slowed contract activity fell 13% versus a year ago. The year-over-year change in June 2023 represented the second lowest annual decrease in sales in 14 months.

Manhattan Monthly Sales Report:
June 2023

Marketwide sales slowed but the high-end saw a notable boost. Days on Market has steadily declined since the most recent peak at the start of the year due to limited inventory growth.

Brooklyn Rental Report:
June 2023

Surge in listings as record-breaking rent prices hamper lease activity compared to May. Days on market increased 52% annually as active listings reached a nearly two-year high.

Brooklyn Monthly Sales Report:
May 2023 (Condos & Co-ops)

Sales improve versus April to reach their highest level in a year. Contract activity fell 4% versus a year ago but increased 28% compared to the previous month.

Manhattan Monthly Sales Report:
May 2023

Nearly 1,200 apartments were sold in the month of May, down 10% annually, but level with the ten-year historical average pace of sales for May.

Manhattan 10 Year Report:
2012-2022

The reports include a borough-wide summary and individual one-page reports for various Manhattan neighborhoods.

Each report covers closings, average price, median price, and average price per square foot—overall and by bedroom—for 2013 through 2022.

Brooklyn Monthly Sales Report:
April 2023

Year-over-year double-digit sales declines occurred within all price categories, with sales over $3M dropping the most at 72% below a record high April.

Manhattan Monthly Sales Report:
April 2023

In the decade preceding the pandemic, contract activity increased by an average of 6% between March and April. This year, activity fell 18% month-over-month.

Brooklyn Monthly Sales Report:
March 2023

Market seasonality propelled an Increase in contract activity from February but still declined 30% versus a year ago.

Manhattan Monthly Sales Report:
March 2023

We had a seasonal uptick in co-op and condo sales however March was still the 12th consecutive month with an annual decline.

Brooklyn Quarterly Market Report:
First Quarter 2023

Brooklyn continued to face several economic challenges in the first quarter of 2023, causing an annual drop in sales, sales volume, and contracts signed.

Manhattan Sales Market Report:
First Quarter 2023

Market-wide closings are down but there was a notable uptick in activity beginning mid-February. Let’s dive in.

Brooklyn Monthly Report:
February 2023

Inventory constraints impacted the slower sales data for the month. Will lower inventory keep prices up?

Manhattan Monthly Report:
February 2023

A sharp monthly increase in activity lead to the most sales since June 2022.

Manhattan High-End Report $5M+:
January 2023

Manhattan high-end Condo & Co-op sales declined 40% annually but average price per square foot increased.

Brooklyn Quarterly Report:
4th Quarter 2022

At the close of 2022, Brooklyn was not immune to the challenges affecting almost every for-sale market.

Manhattan Quarterly Report:
4th Quarter 2022

One of the strongest markets ever shifted to a more challenging environment as buyers’ needs and the economy changed.

East End Quarterly Report:
4th Quarter 2022

Sales activity in the Hamptons continued to decline versus last year’s highs.