Through The Market Rhythm, my goal is to inform and educate—so you have the data you need to make informed decisions if you are contemplating a real estate transaction. And if you are simply a New York enthusiast or real estate junkie, I hope you will find this report of accurate data meaningful.

I have included links to our most recent Q1 reports. These reports reflect first quarter data across Manhattan, Brooklyn, Queens, and Riverdale. It’s important to understand that closings recorded from January through March 2026 largely represent deals that went into contract between September and December of 2025. In other words, this data provides context—but not a real-time snapshot of today’s market.

Uncertainty continues to shape the landscape.  Interest rates, while slightly improved from March, remain above 6.25%, impacting both affordability and buyer confidence.  Combined with a complex economic and geopolitical backdrop, many buyers and sellers are proceeding cautiously.  Whether this is a temporary pause or something more sustained remains to be seen.

Open house attendance over the past five weeks is down approximately 30% year over year.  While not a perfect metric, it is one of the few real-time indicators we have—and it suggests a noticeable level of hesitation among buyers.

Contract signed data for the last five weeks reflect a year over year decline of 9.97%. Interestingly, there was an increase of 2.1% over the last 2 weeks.

Inventory is beginning to shift:

Included in this report is the March Manhattan rental data. This is the most recent rental information available.

In a market like this, strategy is everything.

Pricing strategy must be intentional and thoughtful, positioned to achieve a certain goal. Timing must be accounted for. In the same way, buyers must position themselves properly in their negotiations.

Real estate is hyper-local and personal: There is no single “market,” only a collection of market segments, let’s call them “micro-markets”, behaving differently depending on location, property type, and property size.

My goal is always to keep you—and those you know—fully informed.

If you are considering a transaction, or simply want a hyper-local analysis of your building, block, or neighborhood, I’m always available and ready to help.  Feel free to reach out anytime. And please feel free to share "The Market Rhythm" with anyone you know who is interested in New York real estate.  

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