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.

Elegran Insights: Weekly Manhattan Market Data For The Week of 1/18/21 By Jared Antin | January 19, 2021
For the second week in a row, fewer new apartments came on the market and more deals went into contract this year compared to the same week last year in Manhattan. The Market Pulse [a ratio between pending sales and supply], an indicator of leverage between buyers and sellers, remained stable at 0.44, reflecting a nearly balanced market in Manhattan.
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Elegran’s Weekly Manhattan Market Update - Week of Jan 11 By Jared Antin | January 11, 2021
From a Manhattan Real Estate perspective, 2021 is off to a good start — Less new inventory came to market and more contracts were signed this week compared to the same week last year.
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Midtown Finally Sees Several Silver Linings For Post-COVID Life By Jared Antin | January 08, 2021
With so much negative news streaming through our feeds every day it's easy to lose sight of the positive news that is being reported on how New York City is planning for its future post COVID.
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Elegran Manhattan Market Update: January 2021 By Jared Antin | January 07, 2021
The rebound in Manhattan real estate continued throughout December with robust activity. While the market typically slows in December, 2020 saw an uptick in activity when compared to November. The Manhattan market accelerated in Q4 2020, as inventory declined and contract activity increased.
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3 Must-Do’s When Selling Your Home This Year By Sherley Garcia | January 07, 2021
It’s exciting to put a house on the market and to think about making new memories in new spaces. However, despite the anticipation of what’s to come, we can still have deep sentimental attachments to the home we’re leaving behind.
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Four Expert Views on the 2021 Housing Market By Sherley Garcia | January 04, 2021
The housing market was a shining star in 2020, fueling the economic turnaround throughout the country. As we look forward to 2021, can we expect real estate to continue showing such promise? Here’s what four experts have to say about the year ahead.
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Why is there a renewed frenzy in the housing market? By Sarah Cusack | December 28, 2020
The pandemic has caused a lot of changes to occur in society but in the real estate market the pandemic has forced many to modernize. People are still selling and buying homes but now there is little face to face contact with agents and possible leads. 3-D home tours, virtual staging and remote nota
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Elegran Manhattan Market Update: December 2020 By Jared Antin | December 04, 2020
Despite the pandemic, more sales contracts were signed in November 2020 compared to the same month in 2018 and 2019, which is a clear sign of the market’s renewed strength. The market pulse is increasing, swinging away from a purely buyers market towards a more balanced market. The current data furt
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Pandemic Creates a Shift in Real Estate By Sarah Cusack | December 03, 2020
The coronavirus has caused massive changes in almost every part of society, including the real estate market. Having in person showings used to be the standard way to buy and sell homes. But since the coronavirus has made a lot of in person meetings unsafe the real estate market has had to pivot to
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Elegran Insights Research Note: A Taxing Conversation By Jason Thomas | November 16, 2020
The exodus of ultra-high net worth individuals from Manhattan to “SoFla” (South Florida) is a popular topic these days. The impetus, we are told, is twofold: Florida’s lower tax burden and NYC’s punitive taxation of the ultra-wealthy “one percenters,” or folks who land in the top 1% of wage earners in the United States.
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