Mark Johnson

New York, NY

Single-Family Homes

Market Update



New York, NY

Fri Aug 14 2026
This week the median list price for New York, NY is $2,599,999 with the market action index hovering around 29. This is an increase over last month's market action index of 27. Inventory has decreased to 194. Click here to stay informed with the New York market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Market Narrative

The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

New York, NY

Fri Aug 14 2026
This week the median list price for New York, NY is $2,599,999 with the market action index hovering around 29. This is an increase over last month's market action index of 27. Inventory has decreased to 194. Click here to stay informed with the New York market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Market Narrative

The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Real-Time Market Profile

Never miss important changes in the New York market.
Median List Price $2,599,999
Median Price of New Listings $975,000
Per Square Foot $1,407
Average Days on Market 102
Median Days on Market 77
Price Decreased 29%
Price Increased 2%
Relisted 2%
Inventory 194
Median Rent
Market Action 29
Slight Buyer's Advantage

Despite this week’s down tic, price trends have been moving up in the last few weeks. We are below the market’s high point. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$11,995,000 6,385 - 5 6.8 125 0 5 98
$3,975,000 3,715 - 4 4 116 2 6 70
$1,450,000 1,571 - 2 2 73 4 9 77
$577,500 558 - 1 1 92 6 6 70