What are the best neighborhoods in New York for families?

There are a few neighborhoods in the New York-Newark-Jersey City area that stand out as good options for families right now. These areas generally have more affordable homes, a good selection of properties, and homes that are selling at a reasonable pace. However, the data doesn't give details about specific neighborhoods, so we'll speak only generally about the wider metro area. The median listing price in the area is $775,000. This is slightly up from last month (0.3%), but down a bit from last year (-2.5%). This means home prices are holding fairly steady but are a little lower than they were a year ago. There are many homes available, with over 37,000 active listings. This is 4.2% more than last year, so families have a good selection to choose from. Homes are also selling relatively quickly, with the typical home staying on the market for 42 days. About one in ten homes (9.3%) have reduced their prices, which can sometimes be a sign that sellers are willing to negotiate. This could be helpful for families looking to get a better deal. However, the number of homes going under contract is down significantly from last year, by 18.0%. Families should be on the lookout for homes that are priced well and have been on the market for a little while, as sellers might be more open to offers. Given the current market, it's a good time to explore your options and negotiate.