Is New York, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since January 2022
Since last year, New York has remained a Buyer's Market.
How much do homes in New York, NY cost?
Median Sold Price
$849,589
$636/sqft
Based on all homes sold in the last 12 months.
Difference Since January 2022
Median Sold Price By Bedroom Count
# BEDS | Jan 2022 | Jan 2023 | % |
---|---|---|---|
1 Bedroom | $599.7K | $600K | 0.1% |
2 Bedrooms | $897.8K | $836.9K | -6.8% |
3 Bedrooms | $823.5K | $847.7K | +2.9% |
4 Bedrooms | $950.7K | $978.6K | +2.9% |
5+ Bedrooms | $1.1M | $1.1M | +6.5% |
How many homes are available in New York, NY?
Number of Homes For Sale
Dec 2022 | Jan 2023 | % |
---|---|---|
22,080 | 23,404 | +6.0% |
Homes For Sale By Bedroom Count
# BEDS | Dec 2022 | Jan 2023 | % |
---|---|---|---|
1 Bedroom | 5,522 | 5,878 | +6.4% |
2 Bedrooms | 5,722 | 6,129 | +7.1% |
3 Bedrooms | 4,599 | 4,837 | +5.2% |
4 Bedrooms | 2,345 | 2,475 | +5.5% |
5+ Bedrooms | 3,892 | 4,085 | +5.0% |
Number of Homes Sold
Dec 2022 | Jan 2023 | % |
---|---|---|
1,558 | 1,577 | +1.2% |
Asking Price vs. Sold Price
714 Homes Were Sold
Under Asking
731 Homes Were Sold
At Asking
132 Homes Were Sold
Over Asking
Average Sale Time
Jan 2022 | Jan 2023 | % |
---|---|---|
86 Days | 85 Days | -1.1% |
Breakdown of Home Sale Times
208 Homes Were Sold
Under 30 Days
379 Homes Were Sold
In 30 - 90 Days
314 Homes Were Sold
Over 90 Days