πŸ“’ March 2025 NYC Rental Market Update! πŸ“’

Manhattan, Brooklyn, and Queens continued to show dynamic shifts in rental activity this past month:

πŸ™οΈ Manhattan:

  • Average listing price up 7% YoY at $5,646

  • Luxury market ($10K+) surged with $1,466 price jump YoY and inventory up 42%

🏑 Brooklyn:

  • Average listing price rose 3% YoY to $4,428

  • Three-bedroom units saw 33% YoY growth in availability

πŸŒ† Queens:

  • Avg. listing price increased 7% YoY to $4,008

  • Luxury market ($5K+) inventory soared 190% YoY, even as prices dropped 5%

The NYC rental market is on the move — whether you’re hunting for value or investing in trends, this is the time to act. DM me to talk strategy!
#NYCRentals #RentalMarketUpdate #RealEstateNews