RealTrends Market Report

New York, NY

Single-Family Homes

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New York, NY

Sun Jul 05 2026
This week the median list price for New York, NY is $2,599,999 with the market action index hovering around 27. This is an increase over last month's market action index of 26. Inventory has increased to 241. 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

Inventory levels have been relatively consistent relative to sales. Despite the fact that there is a relatively high amount of available inventory, this Buyer’s market is still seeing prices move higher. Given inventory levels, these price conditions are relatively fragile. If the market cools off further, the price trend is likely to reverse.

New York, NY

Sun Jul 05 2026
This week the median list price for New York, NY is $2,599,999 with the market action index hovering around 27. This is an increase over last month's market action index of 26. Inventory has increased to 241. 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

Inventory levels have been relatively consistent relative to sales. Despite the fact that there is a relatively high amount of available inventory, this Buyer’s market is still seeing prices move higher. Given inventory levels, these price conditions are relatively fragile. If the market cools off further, the price trend is likely to reverse.

Real-Time Market Profile

Never miss important changes in the New York market.
Median List Price $2,599,999
Median Price of New Listings $29,125,000
Per Square Foot $1,426
Average Days on Market 77
Median Days on Market 42
Price Decreased 22%
Price Increased 1%
Relisted 2%
Inventory 241
Median Rent
Market Action 27
Slight Buyer's Advantage

The market continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index as a leading indicator for how long this trend will last.

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 6,071 - 5 6 125 4 0 70
$3,772,500 3,520 - 4 3 117 0 0 42
$1,492,500 1,300 - 2 2 80 0 7 42
$564,999 650 - 1 1 84 0 5 35