Our Q2 2017 Market Reports show low sales inventory and rising prices across NYC. But the share of homes with price cuts also rose, revealing a glimmer of hope for buyers hoping to negotiate.
Buyers on a budget continue to face a competitive market this home shopping season. Our May 2017 market reports revealed increasing home prices in Manhattan and Brooklyn, primarily at the bottom end of the market.
StreetEasy’s April 2017 market reports show shrinking sales inventory in Manhattan and Brooklyn, especially in the least expensive areas.