RealTrends Market Report

New York, NY

Single-Family Homes

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New York, NY

Sun Jul 06 2025
This week the median list price for New York, NY is $6,222,500 with the market action index hovering around 26. This is an increase over last month's market action index of 25. Inventory has held steady at or around 76. 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

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.

New York, NY

Sun Jul 06 2025
This week the median list price for New York, NY is $6,222,500 with the market action index hovering around 26. This is an increase over last month's market action index of 25. Inventory has held steady at or around 76. 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

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.

Real-Time Market Profile

Never miss important changes in the New York market.
Median List Price $6,222,500
Median Price of New Listings $0
Per Square Foot $1,519
Average Days on Market 117
Median Days on Market 77
Price Decreased 21%
Price Increased 3%
Relisted 8%
Inventory 76
Median Rent
Market Action 26
Slight Buyer's Advantage

This week saw relatively little price change from last week. However, prices continue demonstrate a nice up trend in general over the last several weeks.

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
$17,500,000 6,863 - 6 7.5 124 0 1 91
$7,995,000 5,164 - 5 5.8 125 0 0 77
$3,795,000 3,848 - 6 4.5 122 0 0 77
$899,995 1,800 - 4 2 98 0 3 77