Real Estate Market Trends
Elegran’s real estate experts follow the movements of the rental and sales market, explore new neighborhoods, and explore the latest in real estate tech with Real Estate Market Trends.
Real Estate Market Trends
Elegran tracks the real estate trends you really need to follow.
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Which NYC Neighborhoods Are Selling the Fastest?
By
Kristina Kennedy-Aguero
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November 29, 2019
A recent study analyzed how long homes in NYC stayed on the market during the third quarter. Find out where homes are selling fast and where they tend to remain on the market.
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Declining Townhouse Prices Indicate Buyer’s Market in NYC
By
Laura Schier
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November 18, 2019
Home prices are dropping significantly throughout the city, with townhouse prices showing the steepest declines. Learn more about what the current state of the market means for buyers.
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Manhattan's Luxury Market Sees Spike in Contracts Signed
By
Laura Schier
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November 15, 2019
Last week, Manhattan's luxury residential market saw 20 contracts signed. What does this spike in high-end deals mean for potential NYC homebuyers?
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As Manhattan Condo Sales Fall, Buyers Have the Advantage
By
Laura Schier
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November 05, 2019
Manhattan's residential market has been seeing a steeper drop in condo sales than studies previously reported. What does this mean for potential homebuyers?
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Where Are NYC’s Newest Million-Dollar Neighborhoods?
By
Sean Keeley
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October 16, 2019
A recent industry report took a look at neighborhoods in NYC that now have a median sales price of $1 million or higher. Find out what neighborhoods have crossed over into million-dollar territory.
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Manhattan Sales Prices Reach Record Low Levels in Q3 2019
By
Laura Schier
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October 08, 2019
Manhattan home prices declined over 14 percent during the third quarter, the steepest drop the borough has seen in almost a decade. What does this mean for potential homebuyers?
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NYC Rents Spike and Sales Prices Plummet at Record Rates
By
Laura Schier
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October 04, 2019
As NYC rents are increasing rapidly and home prices are dropping, the rental and sales markets are moving in opposite directions. What does this mean for prospective homebuyers and renters?
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High Inventory in NYC Indicates a Buyer’s Market
By
Laura Schier
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September 18, 2019
With high supply and low demand, Manhattan's residential market is currently giving buyers the advantage.
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NYC Sees Major Growth in Tech Giants Expanding Office Space
By
Sean Keeley
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September 04, 2019
The world's biggest tech companies are expanding their office space all over NYC. Learn more here.
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Elegran Exclusive Luxury Listings: August 2019
By
Laura Schier
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August 29, 2019
Learn more about the stunning luxury listings Elegran agents are representing this month.
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