Market Report

New York, NY

Single-Family Homes

Chartwell Escrow



New York, NY

Fri May 09 2025
This week the median list price for New York, NY is $5,497,500 with the market action index hovering around 25. This is less than last month's market action index of 26. Inventory has increased to 74. 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 consistently cool for several weeks. Demand level are low relative to the available inventory. It's a Buyer's market and prices continue to fall. Look for a persistent shift in Market Action before prices plateau or begin to rise again.

New York, NY

Fri May 09 2025
This week the median list price for New York, NY is $5,497,500 with the market action index hovering around 25. This is less than last month's market action index of 26. Inventory has increased to 74. 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 consistently cool for several weeks. Demand level are low relative to the available inventory. It's a Buyer's market and prices continue to fall. Look for a persistent shift in Market Action before prices plateau or begin to rise again.

Real-Time Market Profile

Never miss important changes in the New York market.
Median List Price $5,497,500
Median Price of New Listings $3,200,000
Per Square Foot $1,514
Average Days on Market 95
Median Days on Market 42
Price Decreased 18%
Price Increased 1%
Relisted 12%
Inventory 74
Median Rent
Market Action 25
Slight Buyer's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. 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
$20,000,000 6,725 - 6 5.5 119 0 2 42
$7,497,500 4,500 - 5 5 125 3 1 28
$3,495,000 3,680 0 - 4,500 sqft 5 4.5 120 3 2 49
$950,000 1,450 0 - 4,500 sqft 2 1 52 3 3 49