Single-Family Homes
Thu Jul 03 2025
This week the median list price for New York, NY is $5,850,000 with the market action index hovering around 25. This is an increase over last month's market action index of 23. Inventory has held steady at or around 78.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
Home sales have begun exceeding new inventory. While still a Buyer’s market, prices seem to have already started to respond. If the trend continues, expect prices to keep marching upward.
Median List Price | $5,850,000 | |
Median Price of New Listings | $750,000 | |
Per Square Foot | $1,530 | |
Average Days on Market | 114 | |
Median Days on Market | 70 | |
Price Decreased | 22% | |
Price Increased | 3% | |
Relisted | 8% | |
Inventory | 78 | |
Median Rent | ||
Market Action | 25 | |
Slight Buyer's Advantage |
This week saw relatively little price change from last week. However the market appears to be trying to establish an uptrend. The Market Action Index is a good leading indicator for the durability of this trend.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$17,750,000 | 7,000 | - | 6 | 7 | 124 | 1 | 4 | 80 |
$7,900,000 | 4,844 | - | 6 | 5.5 | 125 | 0 | 2 | 70 |
$3,497,000 | 3,420 | - | 6 | 4.8 | 120 | 0 | 0 | 70 |
$999,999 | 1,809 | - | 3 | 2.3 | 98 | 2 | 0 | 70 |