The 10 NYC neighborhoods with the most properties selling over asking price

… Unlike the national market sellers are returning to New York City real estate where falling mortgage rates are improving affordability for buyers as …

By Brick Underground |October 21, 2025 - 1:30PM
Brooklyn median sales price passes $1 million for the first time

… Median and average sales prices in Brooklyn and Queens reached new records in the third … for the fourth time surging by 71 percent and total listings were up 163 percent versus the yearago quarter New

By Jennifer White Karp |October 9, 2025 - 10:30AM
8 NYC neighborhoods where median rents are lower than a year ago

… If youre hunting for a new rental in New York City youre undoubtedly … shockingly high rents Median rents for new leases are rising month after month and have set multiple new records … … Borough … Median asking rent … YOY change … 1 … DUMBO Brooklyn $5600 82 … 2 … East New York Brooklyn $3000 77 … 3 …

By Jennifer White Karp |September 19, 2025 - 9:30AM
Manhattan median rent hit $4,700 in July, the fifth record in six months

… fee law is impacting the market The recent FARE Act has already influenced landlords pricing and marketing strategies while adding a new layer of complexity to an already fastmoving marketespecially when you factor in that significant numbers of apartments are available but are not being publicly …

By Jennifer White Karp |August 14, 2025 - 9:30AM
Manhattan median rent rose to $4,625 in June for another record-breaking month

… rent the report found a result of bidding wars and renters offering to pay more than landlords are advertising to land apartments in a very competitive market Rents have been …  in the season and the  FARE Act  NYCs new broker fee law that shifts responsibility for broker fees from renters to …

By Jennifer White Karp |July 10, 2025 - 9:30AM