RealTrends Market Report

New York, NY

Single-Family Homes

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New York, NY

Tue May 28 2024
This week the median list price for New York, NY is $649,000 with the market action index hovering around 46. This is an increase over last month's market action index of 45. Inventory has held steady at or around 15,727. 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

New York, NY

Tue May 28 2024
This week the median list price for New York, NY is $649,000 with the market action index hovering around 46. This is an increase over last month's market action index of 45. Inventory has held steady at or around 15,727. 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

Real-Time Market Profile

Never miss important changes in the New York market.
Median List Price $649,000
Median Price of New Listings $536,000
Per Square Foot $313
Average Days on Market 96
Median Days on Market 35
Price Decreased 23%
Price Increased 2%
Relisted 6%
Inventory 15,727
Median Rent
Market Action 46
Strong Seller's 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
$1,696,500 3,260 0.5 - 1 acre 4 3.5 51 408 319 63
$779,400 1,980 8,000 - 10,000 sqft 4 2.5 66 606 488 35
$499,900 1,795 0.25 - 0.5 acre 3 2 62 683 627 28
$199,900 1,445 0.25 - 0.5 acre 3 1.5 84 867 819 28