How has the % of cash buyers for Manhattan’s new development and resale condos changed over time? Oct 2024 UPDATE: Cash buyers have retreated slightly in both new developments and resale condos. In new...
Category - Research
Marketproof’s real estate reports use our wide set of data to look at activity over time, neighborhood trends, market conditions, and more, all with expert analysis.
NYTimes and Marketproof Collaborate to Reveal Manhattan Cash Buyer Surge
In a July 6, 2024, New York Times article, “In Manhattan Real Estate, Cash Is Everything,” Ronda Kaysen and Ella Koeze explore the significant rise in cash home purchases in Manhattan. The article, drawing...
Manhattan co-ops maintain sales share, but condos get price premium (June 2024 Update)
Since the first Manhattan condo was launched in 1965, nearly 3,000 condos have been developed with 115,000 units. Before condos, though, Manhattan was filled up with co-ops. You might expect that condo sales would have...
How Mortgage Rates Influence Manhattan’s Resale Market
The residential real estate market in Manhattan is subject to various influences, with mortgage rates playing a significant role. Understanding how these rates impact the resale of condos and co-ops can provide valuable...
Report: Manhattan Luxe New Dev Market Still Hot in September
The weather is cooling off, but Manhattan’s luxury new development market didn’t get the memo. Though new dev condo sales dipped slightly citywide in September, those for $4 million and up spiked 30% in Manhattan...
April 2022 Report: Sponsor Contracts Dip, But The Market Is Still Elevated
New York City’s new development market reported 397 sponsor contracts in April 2022, showing a 14% drop in overall volume from March that was more pronounced in the outer boroughs. Manhattan had a slight 3% dip while...
