Is New York inventory rising or falling?

Inventory in the New York-Newark-Jersey City area is on the rise. We are seeing more homes available now compared to a year ago. In May 2026, there were 37,154 active listings. This number is 4.2% higher than it was at the same time last year. This means there are more choices for people looking to buy. On top of that, new listings also increased. There were 17,468 new homes put on the market in May, which is up 5.3% from last year. This adds even more options for potential buyers. Despite more homes being available, the median time a home spends on the market is actually a bit shorter. Homes are selling in 42 days, which is 6.7% faster than last year. Even with more competition, homes are still moving fairly quickly. For those looking to buy, this increase in inventory gives you more options to choose from. You might find a home that better fits your needs with more choices available.