The week in real estate market reports

A weekly feature bringing you the industry’s latest intel

TRD New York /
Aug.August 19, 2015 03:40 PM

The latest batch of reports found that Brooklyn rental prices hit a new high-water mark in July and rent in Astoria climbed more than 7 percent last month.

Residential

July 2015 Manhattan and Brooklyn residential rentals: Douglas Elliman

Median rental prices in Brooklyn set a new record high of $2,968 in July, while Manhattan prices were up 6 percent over the previous month, to $3,419. Read the full report here.

July 2015 Manhattan residential rentals: MNS

Average rent in Manhattan remained stable at $3,963 in July, a 0.5 percent decline from June. Read the full report here.

July 2015 Brooklyn residential rentals: MNS

Average rent for Williamsburg studios rose nearly 10 percent in July from the previous month. It’s the highest price increase in Brooklyn for the month across any category. Read the full report here.

July 2015 Queens residential rentals: MNS

One and two bedroom apartments in Astoria had rent increases of more than 7 percent in July, compared to the prior month. Read the full report here.

Manhattan luxury contracts August 3-9: Olshan Realty

Nineteen contracts were signed in the first full week of August for Manhattan apartments priced $4 million and above. Asking prices for the week totaled $137.5 million and averaged $7.2 million. Read the full report here.


Related Articles

arrow_forward_ios
209 Dean Street and 315 Adelphi Street (Google Maps)

Sprawling Brooklyn townhouses drive week’s priciest deals

Sprawling Brooklyn townhouses drive week’s priciest deals
Manhattan’s 10019 zip code, which covers Midtown, Times Square, Herald Square and Midtown South, saw the most foreclosures in the borough with eight. (Credit: iStock)

Manhattan foreclosures soar 118%, driven by mortgage defaults

Manhattan foreclosures soar 118%, driven by mortgage defaults
FiDi sees a spike in sales, renters “camping out” in outer boroughs and more of the biggest trends in resi right now

FiDi sees a spike in sales, renters “camping out” in outer boroughs and more of the biggest trends in resi right now

FiDi sees a spike in sales, renters “camping out” in outer boroughs and more of the biggest trends in resi right now
(Credit: Miller Samuel)

Rents rise to $3K mark in Brooklyn, Queens

Rents rise to $3K mark in Brooklyn, Queens
(Credit: Miller Samuel)

Manhattan landlords offering fewer concessions these days

Manhattan landlords offering fewer concessions these days
Manhattan tenants are pushing back against landlords’ raising rent

Manhattan tenants are pushing back against landlords’ raising rent

Manhattan tenants are pushing back against landlords’ raising rent
Sluggish sales market continues to bolster Manhattan rents: Elliman

Sluggish sales market continues to bolster Manhattan rents: Elliman

Sluggish sales market continues to bolster Manhattan rents: Elliman
Manhattan’s lagging luxury market, rising townhouse prices and more of the biggest trends in resi right now

Manhattan’s lagging luxury market, rising townhouse prices and more of the biggest trends in resi right now

Manhattan’s lagging luxury market, rising townhouse prices and more of the biggest trends in resi right now
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...