New York shows selective cooling and normalization signals rather than a single citywide trend. 57 of 174 tracked ZIPs (33%) show the current cooling flag. 9 of 174 ZIPs (5%) show faster inventory growth. The median tracked ZIP records about 68 pending homes per 100 new listings.
Key stats
- 57 of 174 tracked ZIPs (33%) show the current cooling flag.
- 9 of 174 ZIPs (5%) show faster inventory growth.
- The median tracked ZIP records about 68 pending homes per 100 new listings.
- The metro income-needed indicator changed 2.99% year over year.
- Tracked ZIP markets
- 174
- Median ZIP home value
- $780,921
- Median ZIP rent
- $3,100
- cooling share
- 57 of 174 tracked ZIPs (33%) show the current cooling flag.
- inventory growth share
- 9 of 174 ZIPs (5%) show faster inventory growth.
- median pending flow
- The median tracked ZIP records about 68 pending homes per 100 new listings.
How broad is the cooling in New York?
57 of 174 tracked ZIPs (33%) show the current cooling flag. 9 of 174 ZIPs (5%) show faster inventory growth.
Sources and method
- HomeMarketCap.com data sources: ZIP and metro housing-market datasets
- HomeMarketCap.com methodology: calculation and missing-data rules