Market Reports

Market Reports — Alejandro Hernandez III, J.D.
Manhattan · Beverly Hills · Austin · International
Home Market Reports
Market Intelligence

Markets Seen Through an Advisor’s Lens

Quarterly market intelligence for Manhattan, Beverly Hills, and Austin — written not as a data dump, but as advisory perspective. What the numbers mean for fiduciaries, investors, and families making consequential decisions in each market.

Report Archive

Intelligence Across
Every Market, Every Quarter

Manhattan
Q2 2025 · Estate & Luxury Residential

A Seller’s Window — For Those Who Know When to Move

Inventory tightening in the $3M–$8M segment creates a pricing opportunity for prepared estate sellers, while carrying cost pressures add executor urgency.

  • Median co-op price: $2.8M (↑ 4.2% YoY)
  • Average DOM: 68 days (↓ 11 days)
  • Estate/trust sales: 38% of all closings
  • Surrogate’s Court timing analysis
Beverly Hills
Q2 2025 · Probate & Luxury Residential

California Estate Sales: Navigating Prop 19 and the Court Confirmation Calculus

How Proposition 19’s ongoing effects are reshaping trustee decisions about timing, and when IAEA authority changes the strategic picture for executors.

  • Median Beverly Hills luxury SFR: $7.4M
  • IAEA vs. full court confirmation analysis
  • Prop 19 reassessment trigger advisory
  • Average probate escrow timeline: 68 days
Austin
Q2 2025 · Investment & Multifamily

Austin Investment Property: Rate Sensitivity, Rent Normalization, and Where the Math Still Works

A granular look at cap rate compression, rent normalization, and which Austin submarkets continue to present favorable risk-adjusted entry points for long-term investors.

  • Avg. cap rate: 5.1% (multifamily)
  • Rent growth: +1.8% YoY vs. +12% in 2022
  • Submarket comparison: Eastside vs. Domain
  • 1031 exchange opportunity analysis
Cross-Market
Annual · January 2025

2024 Annual Review: Probate Real Estate Across Three Markets

A comprehensive comparison of probate and estate real estate conditions across Manhattan, Beverly Hills, and Austin — with implications for fiduciaries deciding where to prioritize disposition timing.

  • Court timeline comparison: NY vs. CA
  • Median estate property pricing by market
  • Fiduciary risk factors: 2024 in review
  • 2025 outlook: all three markets
Manhattan
Q4 2024 · Estate & Co-op

Surrogate’s Court Timing & Pricing: What Q4 Data Tells Executors

Year-end momentum and its impact on estate property pricing, court scheduling windows, and the tactical decisions that separate well-advised executors from the rest.

  • Q4 estate sale volume: ↑ 14% vs. Q3
  • Average time to court authorization: 43 days
  • Year-end pricing compression analysis
  • 2025 market entry timing recommendations
Beverly Hills
Q4 2024 · Trust Property & Prop 19

Post-Prop 19: What Every Trustee Needs to Know Before Selling

A practical guide to Proposition 19’s parent-child exclusion changes and their implications for trust property disposition decisions in California — including the cases where selling quickly is the right fiduciary call.

  • Prop 19 reassessment scenarios: 4 case types
  • Trust disposition vs. distribution analysis
  • Fiduciary documentation requirements
  • Beverly Hills luxury market Q4 conditions
Live Data Snapshot · Q2 2025

Three Markets.
Current Conditions.

Manhattan
New York · Q2 2025
Median Condo Price $1.95M
↑ 3.1% YoY
Median Co-op Price $2.8M
↑ 4.2% YoY
Days on Market (Avg.) 68 days
↓ 14% (faster) YoY
List-to-Sale Ratio 94%
↑ 2pts YoY
Data reflects Manhattan residential market. Estate & probate property conditions may vary. Sources: REBNY, StreetEasy, proprietary analysis. Advisory perspective only — not investment advice.
Beverly Hills
California · Q2 2025
Median Luxury SFR Price $7.4M
↑ 5.8% YoY
Estate & Trust Sales Share 29%
→ Stable YoY
Avg. Probate Escrow 68 days
↓ 8 days (faster) YoY
IAEA Sales (% of Estate) 71%
↑ 6pts YoY
Data reflects Beverly Hills / 90210 and adjacent luxury markets. Probate figures reflect CA Superior Court data. Sources: CAR, MLS, CA courts, proprietary analysis. Advisory perspective only.
Austin
Texas · Q2 2025
Median SFR Price $548K
↓ 2.1% YoY
Multifamily Cap Rate 5.1%
↑ 40bps YoY
Rent Growth (YoY) +1.8%
→ Normalizing from +12% (2022)
Active Inventory Change +22%
↑ Supply (buyer-friendly)
Data reflects Austin–Round Rock MSA. Investment figures reflect multifamily 20+ units. Sources: Austin Board of Realtors, CoStar, proprietary analysis. Advisory perspective only.
What We Cover

Six Report Categories.
Each With a Purpose.

⚖️ Quarterly · All Three Markets

Probate & Estate Property Reports

Market conditions specifically relevant to executors, trustees, and estate attorneys — timing, pricing strategy, court scheduling windows, and the fiduciary considerations that shape every estate property decision.

  • Estate sale volume and pricing trends
  • Court timeline analysis (NY & CA)
  • Fiduciary risk factors for current conditions
  • Disposition timing recommendations
  • Referring attorney briefing summaries
🏛️ Quarterly · Manhattan & Beverly Hills

Luxury Residential Market Reports

Pricing trends, inventory analysis, and market positioning intelligence for high-value residential — with the legal and structural awareness that changes how the data is interpreted for significant transactions.

  • Median and upper quartile pricing
  • Days on market and absorption rate
  • List-to-sale ratio analysis
  • Neighborhood and building-level intelligence
  • Transaction structure and timing advisory
📊 Quarterly · Austin & National

Investment Property & Portfolio Reports

Cap rate trends, rent growth analysis, submarket performance, and the investment thesis evaluation that investor clients and family offices need to make disciplined allocation decisions.

  • Cap rate and yield trend analysis
  • Rent growth and vacancy rate data
  • Submarket comparison and ranking
  • 1031 exchange opportunity analysis
  • Portfolio rebalancing advisory
🌐 Semi-Annual · All Markets

Cross-Market Comparative Analysis

For family offices and multi-market investors — side-by-side comparison of conditions, opportunity, and risk across Manhattan, Beverly Hills, and Austin, with cross-market portfolio strategy implications.

  • Market-by-market pricing comparison
  • Risk-adjusted return analysis
  • Fiduciary conditions across jurisdictions
  • Portfolio diversification advisory
  • Cross-market 1031 exchange analysis
📋 Annual · All Markets

Annual Market Review

A comprehensive annual retrospective and forward-looking outlook — what happened in each market, what it means for fiduciaries and investors, and how conditions heading into the next year shape every major decision.

  • Full-year transaction volume analysis
  • Price appreciation by property type
  • Fiduciary condition review
  • Regulatory and legislative developments
  • 12-month market outlook
🤖 Periodic · Advisory Perspective

AI in Real Estate Advisory

Perspective pieces on how AI is changing real estate advisory, fiduciary practice, and investment decision-making — with a practitioner’s view of what is actually useful and what is noise.

  • AI tools for fiduciary real estate decisions
  • Valuation technology: what it can and can’t do
  • AI governance for professional firms
  • Market data intelligence platforms
  • Technology advisory for family offices
⚖️

Market Data Disclaimer: All market data, statistics, and analysis presented in market reports are for informational and advisory purposes only and do not constitute investment advice, legal advice, or a guarantee of future performance. Data is sourced from publicly available information and proprietary analysis and may not reflect current conditions at the time of reading. Alejandro Hernandez III, J.D. is not admitted to practice law in any U.S. state. Real estate brokerage services are provided under NY and CA broker licenses. No attorney-client relationship is formed by use of this website or receipt of market reports.

Market Intelligence

The Right Market Read
Changes the Decision.

If you are navigating a real estate decision — as a fiduciary, an investor, or a private client — and want to discuss what the current market conditions mean for your specific situation, a confidential conversation is the right next step.