Why Is Everyone Talking About NYC Listings Right Now?

If you've been casually browsing the UES mommy groups or the NYC real estate market (or obsessively refreshing listings at 2 a.m.—no judgment), you may have noticed a new trend: a bunch of listings just hit the market. So what’s going on? Why are apartments all of a sudden coming up for sale? Are we witnessing a mass exodus? A financial epiphany? Mercury in retrograde?

Let’s break it down.

1. Spring Selling Season Is in Full Bloom

Real estate is seasonal, and spring is the industry’s version of New Year’s Eve. It’s when sellers finally act on those "we should list it in the spring" conversations they had over winter. Warmer weather, better lighting for photos, and buyers emerging from hibernation all make this the golden quarter for listings.

2. The ‘Lock-In Effect’ Is Easing (Just a Bit)

Many homeowners were previously clinging to their sub-3% mortgage rates like rare collector’s items (because, frankly, they are). But now, with the potential for life changes—new jobs, growing families, or simply needing a second bedroom not doubling as a Zoom room—some owners are deciding it’s worth listing, even with today's higher rates. Life doesn’t always wait for perfect interest rates.

3. Post-Pandemic Lifestyle Re-evaluation

The past few years have changed how New Yorkers view space, neighborhoods, and even the idea of staying in the city. Now that life has returned to mostly normal, many are reassessing their needs. Some want to upsize after surviving a 800 sq. ft. apartment with two kids and a cat. Others are finally acting on that fantasy of a quieter lifestyle or relocating for remote-friendly jobs.

4. Families Want to Land in a Dream School District by Fall

School zones matter to some folks—and when they do, they matter a lot. With the new academic year creeping up fast, families are racing to secure spots in their preferred public school zones or near top-tier private schools. Listing (and buying) in spring gives just enough time to close and settle in before that September bell rings.

If you're curious about whether now’s the right time to make a move—on either side of the deal—let’s talk. The market’s active, and you should be too (unless you’re still on that 3% mortgage… in which case, we’ll talk strategy).