RealTrends Market Report

New York, NY

Single-Family Homes

Want your own branded market report? Visit altosresearch.com.



New York, NY

Tue May 28 2024
This week the median list price for New York, NY is $10,000,000 with the market action index hovering around 48. This is about the same as last month's market action index of 48. Inventory has decreased to 27. 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.

Strong Seller's Market

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

Tue May 28 2024
This week the median list price for New York, NY is $10,000,000 with the market action index hovering around 48. This is about the same as last month's market action index of 48. Inventory has decreased to 27. 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.

Strong Seller's Market

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 $10,000,000
Median Price of New Listings $30,000,000
Per Square Foot $1,609
Average Days on Market 135
Median Days on Market 42
Price Decreased 11%
Price Increased 0%
Relisted 4%
Inventory 27
Median Rent
Market Action 48
Strong Seller's Market

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
$49,000,000 12,210 0 - 4,500 sqft 8 8.5 114 1 0 10
$14,000,000 7,600 0 - 4,500 sqft 4 5 117 1 2 7
$6,900,000 4,240 0 - 4,500 sqft 5 4 124 1 0 77
$2,199,000 3,264 0 - 4,500 sqft 5 3 124 0 0 203