📢 March 2025 NYC Rental Market Update! 📢
Manhattan, Brooklyn, and Queens continued to show dynamic shifts in rental activity this past month:
🏙️ Manhattan:
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Average listing price up 7% YoY at $5,646
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Luxury market ($10K+) surged with $1,466 price jump YoY and inventory up 42%
🏡 Brooklyn:
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Average listing price rose 3% YoY to $4,428
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Three-bedroom units saw 33% YoY growth in availability
🌆 Queens:
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Avg. listing price increased 7% YoY to $4,008
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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
