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Is It a Good Time to Sell a House in New York?

9 of 174 tracked New York ZIPs show inventory building, which is competition for a seller rather than for a buyer. The median tracked ZIP records about 68 pending homes per 100 new listings. Across tracked ZIPs the typical home value runs from $254,850 in 10462 to $3,742,256 in 10013 — a factor of 14.7. 57 of 174 tracked ZIPs (33%) show the current cooling flag.

Key stats

  • The median tracked ZIP records about 68 pending homes per 100 new listings.
  • Across tracked ZIPs the typical home value runs from $254,850 in 10462 to $3,742,256 in 10013 — a factor of 14.7.
  • 57 of 174 tracked ZIPs (33%) show the current cooling flag.
  • The median tracked ZIP in New York has a typical home value of $780,921 and typical rent of $3,100 per month.
Tracked ZIP markets
174
Median ZIP home value
$780,921
Median ZIP rent
$3,100
median pending flow
The median tracked ZIP records about 68 pending homes per 100 new listings.
housing cost spread
Across tracked ZIPs the typical home value runs from $254,850 in 10462 to $3,742,256 in 10013 — a factor of 14.7.
cooling share
57 of 174 tracked ZIPs (33%) show the current cooling flag.

What a seller is competing with in New York

9 of 174 tracked New York ZIPs show inventory building, which is competition for a seller rather than for a buyer.

The median tracked ZIP records about 68 pending homes per 100 new listings, which is the clearest available read on how quickly listings are clearing.

Sources and method

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