Knowledge Market Reports

Market Reports

The real estate market is constantly changing. In this environment, it is critical for sellers and buyers to have the most comprehensive and accurate analyses of the residential marketplace and its various facets. It is equally important for them to understand it at a glance. Stribling Market Reports translate the facts and figures into useful insider information our clients can relate and respond to. Review our research and reports to get a better sense of current conditions and market forecasts.

Written and Produced By:

Garrett Derderian - Stribling & Associates
Garrett Derderian

Director of Data & Reporting

O 212.434.7093 | M 917.291.9159
924 Madison Avenue, New York

Manhattan Quarterly Report

Manhattan Market Report 3Q 2018

Manhattan Market Report 3Q 2018

It’s common knowledge that Manhattan property sales typically take a dip in the lazy days of summer, but Q3 of 2018 shows a sharp dive. In fact, our numbers reveal that this is the worst performing third quarter since the Fall of Lehman in 2008. The number of sales fell 11% from this time last year, and were down 31% from record highs in Q3 2013. It’s no surprise that prices have taken a hit as well: the median sale price fell 3% year-over-year. Properties are lingering longer on the market, and sellers have had to adjust pricing and expectations in order to make deals.

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Manhattan Market Report 2Q 2018

Manhattan Market Report 1Q 2018

Manhattan Market Report 4Q 2017

Manhattan Market Report 3Q 2017

Manhattan Market Report 2Q 2017

Manhattan Market Report 1Q 2017

Brooklyn Quarterly Report

Brooklyn Market Report 3Q18

Brooklyn Market Report 3Q18

While Brooklyn holds its own as a desirable place to live within the five boroughs, the sales trends in Q3 2018 have certainly echoed those in Manhattan. There was an 11% drop in the number of sales, and 18% drop in the number of contracts signed, and a 20% increase in the number of active listings. On a positive note, both the average and median sales prices were up 7% and 2%, respectively, due in large part to growth in Brooklyn's outer neighborhoods.

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Brooklyn Market Report 2Q18

Brooklyn Market Report 1Q 2018

Brooklyn Market Report 4Q 2017

Brooklyn Market Report 3Q 2017

Brooklyn Market Report 2Q 2017

Brooklyn Market Report 1Q 2017

Queens Quarterly Report

Queens Market Report 3Q18

Queens Market Report 3Q18

Queens continues to grow both upwards and outwards, creating one of the most interesting real estate dynamics in NYC. The third quarter of 2018 showed that while the number of overall sales declined, record prices were achieved borough-wide as the number of contracts increased. For the first time, the median sales price hit $589,500, and the average sales price jumped to $646,875. As development challenge the skyline in Long Island City bringing more units to market, many buyers are searching beyond the popular Queens waterfront for more affordable neighborhoods.

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Queens Market Report 2Q18

Queens Market Report 1Q 2018

Long Island City Report 4Q 2017

Long Island City Report 3Q 2017

Long Island City Report 2Q 2017

Luxury Report

Mid-Year 2018 Luxury Report

Mid-Year 2018 Luxury Report

Stribling & Associates' Luxury report highlights recent trends in Manhattan and Brooklyn's dynamic $5M+ Cooperative and Condominium marketplace over the decade, ending June 2018.

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Year End 2017 Luxury Report

Luxury Report Analysis, 2016 & YTD 2017

Neighborhood Report

Manhattan Neighborhood Report 3Q18

Manhattan Neighborhood Report 3Q18

A guide to the difference between neighborhood inventory and sales prices

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Brooklyn Neighborhood Report 3Q18

Manhattan Neighborhood Report 2Q18

Brooklyn Neighborhood Report 2Q18

Office Locations

  • Uptown

    924 Madison Avenue, New York, NY 10021

    Long Island City Desk: 718.208.1999
  • Chelsea

    340 West 23rd Street, New York, NY 10011
  • Tribeca

    32 Avenue of the Americas, New York, NY 10013
  • Brooklyn

    386 Atlantic Avenue, Brooklyn, NY 11217