The holiday season is here and so is the seasonal dip in home selling, purchasing, and renting! Now that we are past the Nov 15th mark contracts signed have dipped, the supply of homes is down and there is an increase in units being taken of the market. The units being taken off during this time often come back on the market in Q1 of the new year.
Overall, the neutral market we have seen these last few months continues with neither a strong leaning towards the sellers’ or buyers’ end. This represents an even amount of home supply compared to the rate of holds sold and levels the playing field of imbalance so common just a few years ago.
Now what does this mean for sellers and buyers on a macro/ micro level?
For sellers- if you need to sell at this time of the year, aggressive price positioning and marketing is your key to attracting the serious buyers who are out shopping for homes. This will also help you get a jump on the Q1 rush of new listings that occurs after the last set of holidays in the New Year. Be the standout home that doesn't get lost in the sea.
For buyers- You have had windows of opportunity all this year and the end of year sales season we are currently in is no different. With other buyers sticking to the rental market, your chances of finding a home and negotiating a good deal with the seller increase. This winter season gives you that opportunity before your competition returns in the New Year.
A side bar for foreign buyers- in addition to all that was said above, the US dollar value has decreased by around 11% since January 2025 and depending on your currency exchange has given US housing a price cut. This may make purchasing a home or investment state-side more attractive. This trend is expected to continue into 2026. Link
What did you take away from this? How has the market in 2025 impacted your housing plans? Let's discuss!
Interest rates are currently at 6.26% according to Freddie Mac's US weekly avg. on
a 30-year fixed and display rates stabilizing as volatility has decreased. Click
here.
Contract Numbers:
Manhattan had a total of 916 contracts signed.
Brooklyn had a total of 584 contracts signed.
