NYC Real Estate Market Outlook 2025 — What Buyers and Sellers Should Know Now

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The city is steadying after a few volatile years. As rates normalize, buyers are returning, and sellers are leaning on strategy to stand out.

Key Themes This Year

  • Rates + Affordability: Payment comfort drives demand more than list prices alone.
  • Inventory Mix: More choices in the outer boroughs create opportunities for move-in ready and value-add homes.
  • Lifestyle Fit: Proximity to parks, transit, and neighborhood feel still wins.

Strategy for Buyers

  • Get pre-approved and know your numbers
  • Target homes with light cosmetic upside
  • Keep an eye on days on market for negotiation room
  • Be flexible on micro-neighborhoods

Strategy for Sellers

  • Price to today’s comps—not last year’s peak
  • Stage for photos and tours
  • Fix obvious “no” items before listing
  • Offer clear showing windows to maximize foot traffic

Talk Through a Plan with Mike

Whether you’re in Staten Island, Brooklyn, or beyond, schedule a quick consult to map your 2026 move.