NYC Market Decoded: March Numbers You Should Know

NYC Market Decoded: March Numbers You Should Know

At DECODE, we look beyond the headlines to show you what’s really happening in the market. Whether you’re planning a move, waiting for the right moment to buy, or just watching from the sidelines—here’s what March 2025 revealed across Manhattan and Brooklyn.

NYC Market Update: March 2025


🏙️ Manhattan: Buyers Are Paying—But Taking Their Time

Contracts Signed: 1,017 (+14% YoY)

Average Days on Market: 100 days (up 37%)

Price Movement:

  • Median Sale Price: $1.12M (+7%)
  • Price/SF: $1,000 (+6%)

What’s Moving:

  • Major growth in the $2M–$4M and $10M+ categories
  • Condos: Median price $1.78M | Co-ops: $793K
  • Townhouses: Median $6.58M, with price/SF at $2,000

Decode Insight:
Buyers are still saying yes—but only to listings that show up smart, sharp, and strategically priced.

 

🌉 Brooklyn: Prices Hit Records, But It’s Taking Longer

  • Contracts Signed: 324 (flat YoY)

Average Days on Market: 55 days (up 43%)

Price Movement:

  • Median Sale Price: $868K (+9.3%)
  • Price/SF: $853 (+11.2%)

What’s Moving:

  • Contracts up 16% in the $2M–$4M segment
  • Condos: Median price $1.03M | Co-ops: $447K
  • Townhouses: Median $988K

Decode Insight:
The right homes are still commanding strong prices. Time on market is longer, but competitive buyers are showing up when the property is positioned well.

 

📍 What This Means for You

  • Sellers: Strategy and presentation are everything right now
  • Buyers: Slower pace = more room for negotiation

Dual moves? We help clients buy and sell simultaneously with confidence. 

If you're thinking about making a move—or just want to understand how the numbers apply to your situation—we're here to decode it with you.

NYC Market Decoded: March Numbers You Should Know
NYC Market Decoded: March Numbers You Should Know
NYC Market Decoded: March Numbers You Should Know
NYC Market Decoded: March Numbers You Should Know
NYC Market Decoded: March Numbers You Should Know
NYC Market Decoded: March Numbers You Should Know
NYC Market Decoded: March Numbers You Should Know
NYC Market Decoded: March Numbers You Should Know

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A top agent doesn't just list properties—they understand the market, anticipate challenges, and guide you every step of the way. From buying and selling to navigating financial complexities, Danielle provides the expertise needed to make every transaction a win.

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