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Is New York a Buyer's Market?

Parts of New York may be shifting toward better buyer leverage, but the answer is ZIP-specific and still mixed. 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.

Where buyers have measurable leverage

Parts of New York may be shifting toward better buyer leverage, but the answer is ZIP-specific and still mixed. 9 of 174 ZIPs (5%) show faster inventory growth.

Across tracked ZIPs, the median is 68 pending homes per 100 new listings.

Sources and method

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