If you are deciding on an asking price, recent numbers point to a disciplined starting position.
If you are getting ready to list, the real question is not whether homes are selling in New York, NY, but how close you can price to the market without losing time. My read is straightforward recent closings support a confident price, but not a loose one, because offers landed at 98% of asking over the previous 30 days while a typical sale took 109 days.
Over the previous 30 days, New York, NY posted a typical sold price of $810,000, and that figure was 21.8% higher than the prior month. At the same time, recent offers landed at 98% of asking, which tells me sellers still had room to hold value, but buyers were not broadly chasing beyond list price. That combination matters if you are setting an asking price now. A higher typical closed price can support confidence, yet the 109-day typical sale timeline says patience and precision still matter in New York, NY. I would not treat this like a market where you can overreach and expect speed. I would treat it like a market that rewards accurate positioning from day one. Start by anchoring your price to the most comparable recent sale range around that $810,000 typical close, not the most optimistic number you have seen. Keep your first week clean and deliberate so you can test real demand without immediate reductions. Watch the gap between showings and offers closely. If activity is light, adjust quickly rather than letting extra days pile up.
About Donald Maycott
Donald Maycott is a licensed Real Estate Professional affiliated with EXP Realty LLC, specializing in the New York market. With a focus on strategic marketing and deep local knowledge, Donald Maycott provides clients with expert guidance in navigating complex real estate transactions. View full profile →