Market Intelligence Report — NY-620

New York, NY

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-NY-08
As of the latest 2026 data
Stabilizing

Median Listing

$749K
-1.5% YoY

Pending Ratio

0.51
-17.3% YoY

Active Inventory

36,676
+3.2% YoY

Median DOM

56 Days
-3.5% YoY

Primary Intelligence Tool — Sold Score™

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The New York-Newark-Jersey City metropolitan market is currently exhibiting stabilizing conditions. With a pending ratio of 0.51, demand absorption is moderating, alongside a 3.2% year-over-year increase in active listings. Median listing prices have experienced a slight year-over-year decline of 1.5%.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

Data not yet available.

Shows whether local employment conditions are supporting buyer demand.

Population & Migration

20.11M+0.2% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

Data not yet available.

Shows whether future inventory pressure may increase.

Market Analysis

What's moving the New York market right now.

Active listings have seen a modest increase of 3.2% year-over-year, while new listings contracted by 1.7% over the same period. Demand, as indicated by the pending ratio, has declined by 17.3% year-over-year to 0.51, suggesting a deceleration in the pace of transactions. Median listing prices show a minor contraction both month-over-month (-3.0%) and year-over-year (-1.5%), with median days on market shortening slightly by 3.5% year-over-year. The share of price-reduced properties has risen by 2.3% year-over-year.

Five-borough market defined by co-op nuance and condo absorption.

Aaron Bates
Real

Local pricing and inventory dynamics across New York shift block by block — happy to walk through what's actually closing.

Historical Analysis

Market Trends

Median Price

$749K-3.0% MoM

Active Inventory

36,676+3.2% YoY

Days on Market

56-3.5% YoY

Sold Score™

70-17.3% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

70
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

With a pending ratio indicating moderate demand relative to available supply, the current environment points to a more balanced negotiation dynamic. The slight increase in active inventory suggests reduced pressure for rapid offers, allowing for increased price discipline from prospective buyers. However, a reduction in median days on market indicates properties that are well-priced continue to attract attention efficiently.

Luxury Segment

A notable divergence is observed in the higher tiers, with the average listing price decreasing by 4.3% year-over-year, alongside a marginal 0.5% year-over-year decline in median $/sqft. This suggests some softening in price performance within the luxury segment, characterized by elevated valuations.

Supply Dynamics

36,676 active listings represent the current floor, with new supply arriving at roughly 12,992 per month.

Pricing Pressure
10.2%

of active listings carry a price reduction, +2.3% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -0.5% year-over-year.

Absorption
0.51

Pending-to-active ratio — Stabilizing.

Recommended For This Market

Stabilizing

Selling in New York, NY? Buyer Demand Index is running at 51%.

New York, NY is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.

Buyer Demand Index
51%
Median Days on Market
56 days
Inventory YoY
+3%

New York, NY is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.

Check my home's Sold Score

Talk to a local listing expert covering New York, NY.

Aaron Bates

Real

How these recommendations are chosen →

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Geographic Distribution

Plainview1 expert
Old Bethpage1 expert
Syosset1 expert
Jericho1 expert
Woodbury1 expert
Hicksville1 expert
Bethpage1 expert
Levittown1 expert
East Meadow1 expert
Farmingdale1 expert
Melville1 expert
Wantagh1 expert

Metro Demographics

MSA Population
19.5M
Metro Area
New York–Newark–Jersey City
CBSA Code
35620
State
NY

ZIPs in New York, NY

Sorted by active inventory · click a ZIP for its full report

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