The Market Report: June 2025

The Market Report: June 2025

  • The Pucker | Heinlein Team
  • 06/2/25

Summer Sales

Property inventory has continued to creep up the past few months in both Manhattan and Brooklyn. The uptick of properties on the market isn’t radical but the increase of options offers opportunity for the buyers who are committed and resilient.

Across the board we’ve seen buyer sentiment shift to a more casual approach to the market – buyers dipping a toe in and out of their search, with indifference and a lack of real commitment. Yet, despite several neighborhoods remaining tight and competitive, others are offering real opportunities. The Upper East Side, Midtown, Harlem are among several neighborhoods where inventory exceeds absorption, and buyers are finding quality purchases.

The story isn’t likely to change much this summer. Mortgage rates are unlikely to fluctuate significantly, property inventory is likely to pace upward but will stay steady at a historically low level, and many would-be buyers will stay on the sidelines for the duration of summer until they wake up with a back-to-school mentality come fall.

So, for those buyers who remain committed and determined, summer is likely to prove in their favor. If a property purchase is in your cards, these next few summer months offer opportunity that many buyers will pass up.

 

----------------------------

The Numbers

Manhattan Market Activity

Highlighting our market's past 30 days.

Brooklyn Market Activity

Highlighting our market's past 30 days.

----------------------------

The Properties

Our month's featured listings on the market.

101 West 24th Street, 19B

Chelsea / Manhattan

Condo

2 Beds / 2 Baths

Private Balcony

$2,850,000

 

58 St Marks Place, 608

Boerum Hill / Brooklyn

Condo

3 Beds / 2 Baths

Private Balcony

Parking Spot

$2,700,000

 

605 West 111th Street, 43

Morningside Heights / Manhattan

Co-op

2 Beds / 1 Bath

$995,000

 

255 West 95th Street, 6D

Upper West Side / Manhattan

Co-op

2 Beds / 2 Baths

$1,499,000

 

----------------------------

The Pick

From the cool and eccentric to reserved and irreverent - Our month’s pick of what's happening in New York City.

If you haven't already, you should:

Central Park Boathouse

Relax and enjoy the beautiful views with dining or cocktails on the lake.

Located in Central Park north of the East 72nd Street/Fifth Avenue entrance.

----------------------------

 

 

 

Work With Us

The Pucker | Heinlein Team consults and services individual buyers, sellers, real estate investors and developers across the city and offers partnerships throughout the country to service clients’ real estate needs.

Follow Us On Instagram