Recent data from platforms like StreetEasy highlights several areas seeing a surge in buyer interest:
: Approximately 64% of all Manhattan purchases are now all-cash deals, a trend that is even more pronounced in the luxury sector ($3M+), where cash accounts for nearly 90% of transactions. Neighborhoods to Watch in 2026
The market has entered a period of "steady, disciplined momentum". Inventory is at a five-year low for the first quarter, which is maintaining upward pressure on prices despite broader economic noise.
: Condo prices have surged (up over 20% year-over-year), driven by new developments and luxury demand. Conversely, co-ops have seen a slight decline in contract activity and price, offering a "value opportunity" for those who can navigate rigorous board approvals.