Closing Out 2025
Our New York City real estate market performed with similar patterns this past month as it did the prior few years. Despite the attention of the mayoral race, the first few weeks of the month saw consistent buyer activity, which then calmed as we entered the weekend prior to the Thanksgiving holiday week.
Inventory rose across Manhattan and Brooklyn in October, then declined last month, though now fairly flat year-over-year in both boroughs. We see a typical decline in listings as we enter the holiday season as will-be sellers sandbag new inventory until after the new year. We anticipate the same predictable pattern these next few months.
Similarly, this time of year lends itself well to the committed buyer and the determined seller. We will be negotiating offers and ushering deals into contract the next few weeks for those who want to wrap up their sale or purchase to kick off their new year. Pricing is fair, but competition will be at its lowest, offering more stock to choose from this month.
If you’re in the camp of buyers who want to unpack their moving boxes in the first quarter of the new year, these next two weeks can offer attractive opportunities. Keep an eye on private exclusive listings through the holiday season – listings that are available on the brokerage backend website but not fully distributed publicly. For sellers who are concerned about buyer activity and potentially accumulating days on market through the holidays, this can be a win-win for them as well as the persistent buyer.
We wish you a fruitful close to your 2025 and a wonderful and festive holiday season!
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The Numbers
Manhattan Market Activity
Highlighting our market's past 30 days.
Brooklyn Market Activity
Highlighting our market's past 30 days.
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The Properties
Our month's featured listings on the market.
Morningside Heights / Manhattan
Co-op
3 Beds / 1 Bath
$975,000
Central Harlem / Brooklyn
Condo
1 Bed / 1 Bath
$425,000
Prospect Lefferts Gardens / Brooklyn
Condo
2 Beds / 2 Baths
$795,000
Park Slope / Brooklyn
Townhouse
5 Beds / 5 Baths
$3,745,000
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The Pick
From the cool and eccentric to reserved and irreverent - Our month’s pick of what's happening in New York City.
Lightscape at Brooklyn Botanic Gardens
Now through January 4th, 2026.
Now in its fifth year, visitors to Lightscape can stroll luminous installations and landscapes highlighting the beauty of the Garden in winter. This year's experience offers fresh and reimagined art, music, and special attractions.
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