In Manhattan, apartments priced below $1 million are piling up (Bloomberg News reports data from Streeteasy). Inventory climbed 27 percent in June from a year earlier — to the highest level for the month since 2013.

It’s essentially a buyers’ market across the board, and the total number of available homes in Manhattan is at the highest for the month since 2011. In Brooklyn and Queens, total inventory for June was the most since 2008.

In September, listings are expected to see another seasonal surge as sellers come off the summer slowdown. If some of the supply isn’t cleared out before then, prices will fall further.

In the second quarter, Manhattan sales volume saw a third consecutive decline. As units pile up, condominium developers have been ramping up discounts and incentives.

The power is in the buyer’s hands to negotiate, with the help of yours truly..of course ;)