This spring market has come in with real momentum. Activity across Manhattan is strong, particularly in the $2M–$5M range, where financing plays a role and buyers are re-engaging as rates have eased back into the 6% range. At the higher end, the luxury market continues to lead, with steady weekly contract activity at $4M+ and a meaningful share of all-cash buyers. Inventory has also increased, giving buyers more choice, but the best properties are still moving quickly.
What’s been most notable is how competitive it is for well-priced, move-in ready apartments, which in some cases are triggering bidding wars. At the same time, properties that miss the mark on pricing or presentation are sitting. The divide between what sells quickly and what lingers has rarely been this clear, and it’s where positioning makes all the difference. For sellers, this is an opportunity, but one that rewards precision. For buyers, it’s a market where preparation and timing matter, especially when the right apartment comes along. On the rental side, tight vacancy and elevated rents continue to push some renters toward buying.
In a market like this, strategy matters.
If you’re considering selling, I’d be happy to walk you through how I would price, present, and position your home to capture the strongest result. And if you’re thinking about buying, I’ll help you navigate the competition with a clear, well-executed plan to get you the right apartment. Whatever your real estate needs, I'm here for you.
I look forward to connecting.
