Blocks & Lots

Manhattan Resale & New Development All Cash Buyers Tracking Chart (Jan 2024 Update)

How has the % of cash buyers for Manhattan’s new development and resale condos changed over time?

  • Jan 2024 UPDATE: % cash buyers for Manhattan new dev and resale condos retreated to 65%
  • As mortgage rates retreat, the percentage of cash buyers has fallen month over month
  • Over the span of a year and change, we have seen a bottom (38%) and a top (72%)
  • 38% is the lowest level, and 72% is the highest level reached in the period tracked

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