Asees Anand - NYC Real Estate Agent with The Corcoran Group

07/06/2025

Here’s what happened during Manhattan’s second quarter of 2025:

Manhattan sales surged, setting multi-year highs. Closed sales rose 5% year-over-year to 3,257, the best second quarter since 2022, and signed contracts climbed for the fifth straight quarter, up 3% annually, marking one of the longest growth streaks since 2009.

Inventory tightened for the fourth consecutive quarter. Active listings declined 2% year-over-year to 7,362, marking a full year of shrinking supply.

Prices continued to rise, reaching post-pandemic highs. Median price rose 3% year-over-year to $1.240M, the second highest on record, just below Q2 2019’s tax-driven spike.

DM if you want to discuss further.

07/06/2025

Exciting news! Check out the latest Manhattan real estate market report for the second quarter of 2025. Stay informed on the latest trends and insights on the market.

Despite all that’s happening in the world, Manhattan proved its staying power in second quarter. Sales climbed to multi-year highs, with over 3,250 closings, more than $7 billion in sales volume, and a fifth consecutive annual increase in signed contracts.

04/02/2025

Here’s what happened during Manhattan’s first quarter of 2025:

The Manhattan market had a promising start to the year. Despite hesitations around demand and the economy due to a constant cycle of breaking news, Manhattan experienced stronger sales, lower supply, and shorter marketing times than last year. For just the fourth time in 20 years, all key demand indicators improved in the first quarter of 2025.

Manhattan prices are now squarely improving because of growing demand, shrinking inventory, and a robust luxury market. First Quarter 2025 was just the third time in a decade – and first time since mortgage rates spiked in 2022 – that price statistics were higher than the year before for the Manhattan market overall and for each product type.

Inventory continued to decline as the higher number of sales combined with fewer newer listings. First Quarter 2025 had the second lowest first quarter for Manhattan in 9 years.New listings fell YOY to an 11-year low (excluding 2020) of just 4,529, approximately 12% fewer than a typical first quarter

02/03/2021

2021 brings the strong January for Manhattan Sales since 2014!!!

2021’s strong start to the year can be attributed to three key elements: low interest rates, significant inventory and increased affordability.

01/12/2021

So excited to share that we went into contract on this beautiful 1 BD COOP within three weeks of listing it in the middle of this pandemic! This business is all about timing and while we don’t have a Crystal ball into the future we can get a lot from looking and analyzing the market.

11/11/2020

Happy Veterans Day!

10/20/2020

Aside from big cities taking a hit right now. There is low inventory in most other cities across the US.

Real estate continues to be called the ‘bright spot’ in the current economy, but there’s one thing that may hold the housing market back from achieving its full potential this year: the lack of homes for sale.

09/15/2020

So honored to be the #2 deal of the week in NYC Luxury Market!!!