Market Intelligence Report — NY-620

New York, NY

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

Ref. No: 2026-NY-09
As of the latest 2026 data
Stabilizing

Median Listing

$742K
-2.3% YoY

Pending Ratio

0.44
-20.5% YoY

Active Inventory

38,158
+6.3% YoY

Median DOM

56 Days
-3.5% YoY

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The New York-Newark-Jersey City metro area is currently in a Stabilizing condition, with the pending ratio at 0.44. While active listings have increased by 6.3% year-over-year, the median listing price has declined by 2.3% over the same period.

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 expanded by 6.3% year-over-year, reaching 38,158 properties, while new listings decreased by 4.6% year-over-year. The pending ratio stands at 0.44, representing a significant year-over-year decline of 20.5%, indicating a slower pace of demand absorption. Median days on market saw a modest year-over-year decrease of 3.5%, though the price-reduced share increased by 1.2% year-over-year to 10.3%.

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

$742K-0.9% MoM

Active Inventory

38,158+6.3% YoY

Days on Market

56-3.5% YoY

Sold Score™

67-20.5% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

67
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 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 of 0.44 and an increase in active listings year-over-year, there is less urgency for demand to absorb available inventory. This scenario implies that buyers may find more opportunities for price discipline, as the pace of sales is not exerting significant upward pressure. Properties may require a more strategic pricing approach to align with current market absorption rates.

Luxury Segment

The average listing price has declined by 7.0% year-over-year, considerably more than the 2.3% year-over-year decrease in the median listing price, and median $/sqft also saw a modest decline of 0.9% year-over-year. This disparity suggests some softness within the higher-priced segments of the market.

Supply Dynamics

38,158 active listings represent the current floor, with new supply arriving at roughly 15,952 per month.

Pricing Pressure
10.3%

of active listings carry a price reduction, +1.2% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -0.9% year-over-year.

Absorption
0.44

Pending-to-active ratio — Stabilizing.

Recommended For This Market

Stabilizing

Selling in New York, NY? Buyer Demand Index is running at 44%.

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

Buyer Demand Index
44%
Median Days on Market
56 days
Inventory YoY
+6%

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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