RealTrends Market Report

New York, NY

Single-Family Homes

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New York, NY

Wed Jun 17 2026
This week the median list price for New York, NY is $2,000,000 with the market action index hovering around 26. This is about the same as last month's market action index of 26. Inventory has increased to 263. 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 been exceeding new inventory for several weeks. However because of excess inventory, prices have not yet stopped falling. Should the sales trend continue, expect prices to level off soon and potentially to resume their climb from there. Watch prices as the market transitions from a Buyer's market to a Seller's market.

New York, NY

Wed Jun 17 2026
This week the median list price for New York, NY is $2,000,000 with the market action index hovering around 26. This is about the same as last month's market action index of 26. Inventory has increased to 263. 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 been exceeding new inventory for several weeks. However because of excess inventory, prices have not yet stopped falling. Should the sales trend continue, expect prices to level off soon and potentially to resume their climb from there. Watch prices as the market transitions from a Buyer's market to a Seller's market.

Real-Time Market Profile

Never miss important changes in the New York market.
Median List Price $2,000,000
Median Price of New Listings $5,995,000
Per Square Foot $1,447
Average Days on Market 55
Median Days on Market 21
Price Decreased 13%
Price Increased 0%
Relisted 2%
Inventory 263
Median Rent
Market Action 26
Slight Buyer's Advantage

This week prices bumped up a bit but the trend of recent weeks is generally downward. A pickup in demand will be reflected in the Market Action Index, so watch that chart to try to identify a change in the market.

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
$11,972,500 5,344 - 5 6 125 4 2 49
$3,197,500 3,200 - 3 3 116 2 3 21
$1,210,000 968 - 2 1 81 0 4 21
$575,000 650 - 1 1 71 1 4 14