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Experience the Changing Market: Long Island City, NY in January 2026

Published on Saturday, January 10, 2026
Lissette Abreu
RE/MAX Team
Focus areas include Astoria, Bayside, Cambria Heights, Corona, East Elmhurst, Elmhurst, Far Rockaway, Flushing, Hillside, Jackson Heights, Jamaica, Long Island City, Maspeth, Middle Village, Ozone park, Queens Village, Sunnyside and Whitestone, along with surrounding towns, communities and neighborhoods.
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This January 2026, Long Island City, NY once again proves its place as a dynamic real estate zone where smart agents adapt quickly. How can you make these changes work for your clients? The landscape is shifting, and every week creates new directions for buyers and sellers.

Current Long Island City, NY numbers show 245 active homes and 51 new listings—the latter providing an immediate surge of competition. With 6.2 months of inventory and 41 average days on market, the market is moving away from urgency into a more thoughtful negotiation pace. Closed transactions tally 32 already for the month, showcasing healthy demand and an engaged pool of buyers. The median sales price remains at $1,125,000, and the $1,285 per square foot average underscores sustained investor and owner appeal in modern, well-presented properties.

Adaptation Essentials for January 2026 in Long Island City, NY

Why are sellers adjusting strategy more than before? Price adjustments occurred on 21 percent of listings—proof that responsiveness pays. Agents who track this trend help sellers avoid long market times, especially when competitive properties are added weekly. Sellers also hold advantages: only 6 percent of negotiated closings included buyer concessions, ensuring most value remains at the seller’s side of the table. For buyers, these realities signal strong, open conversations about affordability and offer timing—a welcome change for those hunting affordable homes in Long Island City, NY this January 2026.

How Market Balance Creates Opportunity

Buyers benefit from 6.2 months of supply with more flexibility, while sellers maintain solid closing prices at 97.2 percent of listing on average. Agents are well positioned to answer “is it a good time to buy in Long Island City, NY?” with facts and a path to value.

Supporting Every Client With Data

Agents who bring $1.10 per square foot common charges and $0.58 per square foot taxes into ownership discussions foster transparency and clarify budget planning in January 2026.

Action Steps to Navigate Market Change

  • Track weekly new listings for fresh price competition.
  • Benchmark offers and pricing to the $1,125,000 median and recent closing history.
  • Advise clients to prepare financing or cash positions early.
  • Highlight that only 6 percent of sales include concessions; direct negotiation is key.
  • Support every move with local data and market pulse insight.

From Questions to Keys in Long Island City, NY

January 2026 changes are happening—let Lissette Abreu help you adapt, plan, and succeed this month in Long Island City, NY.

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The market asks agents and clients to think proactively this January 2026. Let Lissette Abreu guide every decision point with insight, patience, and a keen eye on local results. Long Island City, NY is shifting—make your next move count.

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