Dear Friends,
As we head into the summer months, the Manhattan residential real estate market is showing signs of seasonal slowing. According to UrbanDigs, the market "Pulse" dipped slightly into neutral territory, reflecting a more balanced environment between buyers and sellers. Well-priced, move-in-ready properties are still seeing strong interest—particularly in the $2M–$4M range. Inventory remains tight, keeping pricing relatively stable despite higher mortgage rates. Overall, summer 2025 is shaping up to be a more measured season, favoring informed buyers and sellers who are willing to meet the market where it is.
The rental market remains competitive with prices still elevated, especially in prime neighborhoods. Bidding wars and fast-moving listings are common, so renters should be prepared to act quickly and come in strong, especially as peak rental season continues this summer.
As always, please reach out with any questions you may have about the real estate market, and I'll look forward to catching up.
Wishing you a happy July 4th!
Best, Jane
CLIENT TESTIMONIAL "Jane’s responsiveness was unmatched, and she always addressed my questions promptly, no matter the time or what she had going on. Her professionalism, expertise, and dedication stood out at every step, and she took her time preparing me for each part of the process. When the process stalled, Jane went above and beyond to push things forward and ensure that everything stayed on track.
Navigating the NYC market can be overwhelming, but Jane is someone you definitely want on your side." —Nicole   NEW YORK CITY'S BROKER FEE BAN TAKES EFFECT |
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