News

Farmingdale, NY – December 16, 2025 – The New York real estate market remained strong and accelerated in November. Home values rose, and buyer interest increased. The regional median sales price jumped 6.5% year-over-year to $685,000, showing high demand in the New York Metropolitan area. Closed sales fell 7.5% year-over-year due to seasonality, but the market stayed strong. Pending sales rose across all housing categories: single-family homes up 4.0%, condominiums up 6.0%, and co-ops up 11.6%. This contract activity mirrors national patterns, underscoring that buyers are responding quickly to steady mortgage rates and favorable fall conditions. Richard Haggerty, CEO of OneKey® MLS, said: “Pending sales, especially the 5% jump across all property types, show buyers gaining confidence. Consumers are moving quickly, setting up an active start to 2026.” Meanwhile, the single-family homes segment continues to drive the market, with median sales reaching $750,000—a 6.3% increase from November 2024. As inventory remains limited, down 7.1% year-over-year for all property types, competition for move-in-ready homes continues to boost equity gains for current homeowners. Looking ahead, expect this competitive environment to persist into early 2026, as buyers remain eager despite limited options. Many are expanding their searches to surrounding counties and suburban markets in hopes of finding suitable homes. This increase in activity is likely to support continued price growth and keep market momentum strong as the new year begins, sustaining the region's positive trends. To access all local and regional housing market reports, visit https://marketstats.onekeymls.com .

The New York Metropolitan area real estate market demonstrated consistent, moderate price appreciation in October 2025, according to the latest regional market summary.

OneKey® MLS, the largest multiple listing service in New York, today released its September 2025 residential market statistics, revealing continued stability in home prices and modest gains in sales activity across the New York regional area.

The August 2025 housing market across the OneKey® MLS regional coverage area demonstrated steady momentum, with notable month-over-month price gains in several counties despite a modest dip in overall closed sales.

OneKey® MLS, the largest multiple listing service in New York, has released its July 2025 Market Report, revealing a continued upward trend in home prices across the region, even as overall sales activity slows.

OneKey® MLS, the largest MLS in New York, has released its latest regional housing market report, showing a slight dip in closed sales activity while inventory challenges continue to shape conditions across the New York metro area.

OneKey® MLS, the largest multiple listing service in New York, released its May 2025 market report, highlighting steady median home prices and a healthy uptick in new listings throughout the New York Metropolitan area.

OneKey® MLS, the largest multiple listing service in New York, today released its April 2025 residential market statistics, revealing continued resilience in home prices across the New York regional area, even as overall sales activity declined.

OneKey® MLS, the leading real estate marketplace serving the New York regional market from Montauk to Manhattan and north through the Hudson Valley to the Catskill Mountains, has released its monthly residential statistics for March 2025, reflecting a continued competitive market that favors sellers.