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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Soho and Tribeca Ranked Among NYC’s Priciest Rental Areas
By
Sean Keeley
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February 14, 2020
A recent Streeteasy report revealed that certain blocks in Soho and Tribeca have some of the highest rental prices in Manhattan. Find out what these trends mean for NYC renters.
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Elegran Market Update: January 2020
By
Laura Schier
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February 11, 2020
The market pulse is on the rise in NYC's residential market, with higher demand and contract activity. Find out how these recent trends are affecting buyers, renters, sellers, and investors.
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Williamsburg Rents Spike One Year After L Train Slowdown
By
Sean Keeley
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January 29, 2020
One year after the L train shutdown was cancelled, rental prices in Williamsburg have reached record highs.
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Manhattan Luxury Home Prices Fall to Six-Year Low in Q4 2019
By
Laura Schier
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January 24, 2020
With significant price drops and a high surplus of homes remaining on the market, Manhattan's luxury market is currently leaning in favor of buyers.
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NYC's Luxury Rental Market is On the Upswing
By
Laura Schier
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January 13, 2020
December was a successful month for NYC's luxury rental market, with high-end rentals seeing significant price hikes year-over-year. What does this mean for potential luxury renters?
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U.S. Home Prices Increase As Homeowners Stay Put Longer
By
Kristina Kennedy-Aguero
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December 18, 2019
In recent months, home prices have been on the rise in the U.S. What factors may be contributing to this new trend?
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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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