The average sale price for a home in Manhattan fell 5 percent to $1.95 million while the median sale price fell 10 percent to $1.075 million, according to a quarterly market report by Douglas Elliman and Miller Samuel.
Source: Inman News
Cash deals hit all-time high in Manhattan as sales plummet 38%
More from Coldwell Banker WarburgMore posts in Coldwell Banker Warburg »
- The biggest mistake most real estate agents make after closing
- Here’s what top agents do in the 1st 60 minutes of their day
- Why most real estate agents lose the deal after the 1st meeting
- We asked 5 new agents, ‘How’s business?’ Their answers might surprise you
- Forget real estate soap operas. Here’s where you should focus
More from douglas ellimanMore posts in douglas elliman »
More from Frederick Warburg PetersMore posts in Frederick Warburg Peters »
- Fred Peters leaves eponymous firm for Brown Harris Stevens
- What’s next under President-elect Trump’s 2nd term? The economy
- Eliminating ‘Days on Market’ will hurt clients — and your commission
- CB Warburg’s Kevelyn Guzman: Being ‘really nice’ key to recruiting
- It’s now a buyer’s market in Manhattan, new report suggests
More from luxuryMore posts in luxury »
- Alexander brothers denied motion to dismiss sex-trafficking charges
- Inman is celebrating 30 years of community, and you’re invited
- Brandi Marshall on ‘Selling the OC’ stardom, feuds and a brutal real estate market
- Jason Oppenheim: ‘Epic’ real estate + big drama makes new ‘Selling the OC’ season the best yet
- ‘Selling the OC’ drops today. Get to know the agents
More from luxury lensMore posts in luxury lens »
- Alexander brothers denied motion to dismiss sex-trafficking charges
- Inman is celebrating 30 years of community, and you’re invited
- Brandi Marshall on ‘Selling the OC’ stardom, feuds and a brutal real estate market
- Jason Oppenheim: ‘Epic’ real estate + big drama makes new ‘Selling the OC’ season the best yet
- ‘Selling the OC’ drops today. Get to know the agents
More from manhattanMore posts in manhattan »
- Price cuts and concessions: Here’s how to prepare homeowners for the reality of selling a home today
- Howard Hanna expands into NYC with purchase of Elegran
- Take the wheel: 5 tips to steer your marketing in the right direction
- What does Compass’ last big acquisition say about Anywhere?
- 5 Back to Basics luxury real estate trends for 2025
More from Markets & EconomyMore posts in Markets & Economy »
- ‘He didn’t even say he was sorry’: Brooklyn investor gets prison time for 12-year deed fraud scheme
- How to help senior real estate clients right-size with confidence
- Welcome to the Senior Class: Downsizing with a home equity conversion mortgage
- Why independent brokerages matter more than ever amid real estate consolidation
- What is a 50-year mortgage? The pros and cons of Trump’s proposal
More from miller samuelMore posts in miller samuel »
- It’s now a buyer’s market in Manhattan, new report suggests
- LA nets biggest deal yet this year at $62.8M for spec mansion
- Max Azria’s former estate heads to auction 9 years after first listing
- Bess Freedman says Trump is too late to sell Mar-a-Lago for bond
- Beverly Hills spec mansion nets $30.1M in discounted sale
More from rachel glazerMore posts in rachel glazer »
More from SelectMore posts in Select »
- Dawn of a new era: Here’s how NAR says it’s changing for its members
- 5 copy-and-paste direct-mail campaigns that will fuel your best year ever in 2026
- HUD shifts homeless policy away from providing permanent housing
- Pulte refers a 4th Democrat, Rep. Eric Swalwell, for mortage fraud
- RateMyAgent and Curated Social merge to form Renowned platform
Be First to Comment