New York Metropolitan Area Real Estate Market Sees Rising Prices and Low Inventory in 2024

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.

Sunil Anthony is Director of Innovation at OneKey MLS with over twenty years experience in technology. Artificial intelligence (AI) is no longer a futuristic concept; it’s here, and it’s transforming the real estate industry. From writing property descriptions to analyzing market data, generating photo descriptions, AI can help REALTORS® save time, work more efficiently, and unlock new opportunities for client service. But with new technology comes new questions: Is AI safe? Is it reliable? Could it put my clients or my business at risk? As part of REALTOR® Safety Month , let’s explore the realities of AI in real estate and outline practical steps you can take to use it both effectively and responsibly.

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.

At OneKey MLS we appreciate our customers every day, but recently we asked staff to nominate customers for their standout efforts in the following categories:

Summer 2025 Release Notes updated 8/20/25

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.

National Homeownership Month is an opportunity to raise awareness about the challenges that make homeownership an accessible option for everyone and to evolve the conversation about what a home looks like. We also want to highlight individuals and initiatives that are working towards helping those in need. Impactful Lives is a nonprofit organization supporting unhoused young mothers living in shelters. Founded by Natasha Williams, the organization adopts a holistic, community-driven approach to address five critical challenges faced by these mothers: reproductive justice, economic insecurity, youth development, educational attainment, and food insecurity. Through tailored support, mentorship, career guidance, and essential provisions, Impactful Lives empowers these women to transform their circumstances and emerge as thriving contributors to society. With the mantra "The time to make a difference is now," Impactful Lives offers several programs focused on mental health support, provides essential supplies, and celebrates achievements. These programs include back-to-school and essential item drives, grocery store outings to help mothers purchase fresh produce, moving celebrations for those transitioning to independent living, and intimate sessions where successful mothers volunteer to share their personal journeys, offering hope and inspiration to moms currently in shelter. Additionally, their annual signature event: hosting uplifting Mother’s Day brunches at the shelters serves as a moment of refresh and inspiration. Lastly, Impactful Lives works with women to build a plan for homeownership that includes down payment assistance, aided by DPR (a resource provided through OneKey MLS). Natasha Williams, the driving force behind Impactful Lives, brings over 15 years of expertise in finance, a distinguished background as a youth educator, and a successful career in real estate. Her unwavering commitment to community empowerment and social change inspired her to create this self-funded nonprofit, where she serves as both founder and president with passion and dedication. She also regularly teaches first-time homebuying seminars to help buyers navigate the process and partners with housing agencies to expand access to down payment assistance, financial education, and sustainable homeownership opportunities. In 2023, Natasha Williams was honored with the REALTOR® Spirit Award from the Long Island Board of REALTORS® for her extraordinary impact and dedication to her community. Under her leadership, Impactful Lives continues to ignite hope and foster meaningful change for young mothers in need. Learn more about Impactful Lives' mission and programs, and explore ways to contribute at https://www.impactfullives.org . For more information on National Homeownership Month, visit the NAR resource page .

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 proudly announces a strategic partnership with Crexi, the nation’s fastest-growing commercial real estate marketplace and technology platform.

OneKey® MLS is excited to welcome James Gaughan to the team as Customer Engagement Learning & Outreach Manager.

Richard Haggerty and the WAV Group's Victor Lund explore the strategic thinking behind OneKey's move to a single, unified backend database.

Spring Market Brings a Deluge of Activity

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.

Spring 2025 Release Notes updated 5/28/25