Counties › New York County, NY
Is the housing market slowing down in New York County, NY?
Yes — sales activity in New York County, NY is down. 698 homes sold during May 2026, against 858 in the same months a year earlier, a drop of 19%.
This page is about how many homes changed hands, not what they cost. The two move separately: prices are set by the homes that did sell, and volume tells you how many people managed to transact at all. A market can hold its prices while activity quietly drains out of it.
The change clears both tests we require before naming a direction: it is more than 3% in relative terms, and it is larger than the ordinary month-to-month variation you would expect on a market that sells 698 homes at a time.
The longer view, all measured over the May window so the season is held constant: 861 homes sold two years ago, 858 last year, 698 now. Activity is meaningfully below where it was two years ago.
What is on the shelf next to what is selling: 5,726 homes were on the market in New York County, NY, and 698 sold. At that pace it would take about 8.2 months to clear them all. There are more homes for sale than buyers. Buyers have the edge.
Every comparison on this page is to the SAME calendar months a year earlier, never to last month. Home sales roughly double between January and May in most of the country, so a month-over-month reading would tell you about the season and nothing about the market.
Source: Redfin's published market data for the New York County, NY area, through May 2026.
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More about the New York County, NY market
- When is the best month to sell a house in New York County, NY?
- How long does it take to sell a house in New York County, NY?
- Do homes sell above asking price in New York County, NY?
- Are home prices going up or down in New York County, NY?
- Is New York County, NY a buyer's market or a seller's market?
- Are sellers cutting prices in New York County, NY?
- What is the average home price in New York County, NY?
- How many homes are for sale in New York County, NY?
- All New York County, NY housing numbers
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Figures come from Redfin's published market data for the New York County, NY area, through May 2026. Neighborhood Numbers is an independent data publisher and is not affiliated with Redfin. We update these pages when Redfin publishes, once a month.