Market Statistics
See more current and historical market statistics on OneKeyMLS.com
(Farmingdale, NY) March 18, 2025 – OneKey® MLS, the premier real estate marketplace providing monthly statistics for residential transactions from Montauk to Manhattan and through the Hudson Valley to the Catskill Mountains, reported data for February 2025 reflecting a competitive market that continues to favor sellers.
The 2024 real estate market across the New York metropolitan area, as represented by the full market reach of OneKey® MLS subscribers, experienced rising home prices, continued inventory constraints, and a slight decline in closed sales.
OneKey® MLS, the premier real estate marketplace providing monthly statistics for residential transactions from Montauk to Manhattan and through the Hudson Valley to the Catskill Mountains, reported data for December 2024 reflecting continued strength in the housing market with higher-value transactions.
OneKey® MLS, the premier real estate marketplace providing monthly statistics for residential transactions from Montauk to Manhattan and through the Hudson Valley to the Catskill Mountains, reported data for November 2024 reflecting continued strength in the housing market with higher-value transactions.
OneKey® MLS reports that higher-value transactions show continued strength in October 2024, with the regional single-family closed median sale price was $706,000, marking an 8.6% year-over-year increase from $650,000 in October 2023 in the New York metropolitan residential real estate market.
Despite tight inventory, the median closed price for single family homes and condominiums rose year over year in September 2024, even though total transactions were down across the New York Metropolitan Region.
OneKey® MLS reports that the regional single-family closed median sale price was $725,000 in August 2024, marking an 8.4% year-over-year increase from $669,000 in August 2023. While there were fewer transactions, they were higher-value.
OneKey® MLS reported significant trends in July 2024 that bode well for the region’s housing market. In July, the regional single-family closed median sale price was $718,750, marking an 8.9% year-over-year increase from $660,000 in July 2023. Condominiums also saw an uptick, with a closed median sale price of $480,000, reflecting a 3.9% increase from $462,000 the previous year.
Farmingdale
400 Broadhollow Road, Suite 5
Farmingdale, New York 11735
West Babylon
300 Sunrise Highway
West Babylon, New York 11704
White Plains
1 Maple Ave
White Plains, New York 10605