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Manhattan Real Estate Market Report April 2025. Deals signed were up slightly in April, but the surge from earlier this year may be losing steam.

Co-ops are taking longer to sell, even as contract activity picked up. New listings remain strong, and inventory continues to grow, mirroring last year’s trend.

Days on market spiked, with listings sitting about 25% longer than in April 2024. The market feels less urgent, though that may reflect sellers setting ambitious prices ahead of the spring season.