NYC Real Estate Market Report: Fall 2026 Data by Neighborhood

Manhattan has 6.5 months of supply as of October 2, 2026 (how long today's 6,210 listings would last at the recent pace of about 949 sales a month if nothing new came on the market), and Brooklyn has 5.1 months, according to REBNY Listing Service (RLS) data for sales that closed July 4 through October 2, 2026. Brooklyn's typical sale also cost more: the median RLS sale was $1,400,000 in Brooklyn against $1,350,000 in Manhattan. I have been pricing NYC apartments since 2001, and months of supply is the first number I check before I talk price with a buyer or a seller, because it shows which side has more room to negotiate.

Updated October 2, 2026 · Source: REBNY Listing Service (RLS) via Trestle, active listings and closed sales

This NYC real estate market report replaces my summer edition and is refreshed every quarter at this same address. The neighborhood figures come from the same RLS feed behind the neighborhood market pages on this site, measured over the six months from April 2 to October 2, 2026.

The NYC Real Estate Market by Borough, Fall 2026

Manhattan has 6,210 homes for sale and 2,995 more in contract as of October 2, 2026, after 2,848 sales closed in the previous 90 days (RLS). Brooklyn has 1,833 for sale and 1,108 in contract after 1,068 closed sales. Queens sits at 7.3 months of supply on the homes the RLS carries, and the Bronx at 12.4 months on a small sample of 69 sales.

Source: REBNY Listing Service (RLS) via Trestle. Homes for sale as of October 2, 2026; closed sales July 4 to October 2, 2026. Months of supply is homes for sale divided by average monthly sales. The RLS carries only part of the Queens and Bronx markets and recorded no Staten Island sales in this window, so those rows describe RLS-listed homes only.

Where Supply Is Tightest: 15 NYC Neighborhoods

Park Slope has the tightest supply of the 15 neighborhoods I track by apartment type, at 2.8 months: 103 homes for sale against 222 sold from April 2 to October 2, 2026 (RLS). Midtown and the Financial District sit at the other end, near 10 months each. Across all 15, 2,892 homes are for sale against 3,080 sold in six months, or 5.6 months of supply. Each neighborhood name links to its market page, which breaks these numbers out by apartment type.

Source: REBNY Listing Service (RLS) via Trestle. Closed sales April 2 to October 2, 2026; homes for sale as of October 2, 2026. The original asking price is the price a home first listed at, before any price cuts. The six-month window includes the spring selling season; last year the median NYC home took 60 days to go into contract in June 2025 and 81 days in August 2025 (StreetEasy), so a fall-only pace would likely read somewhat longer.

Tight and Long Supply, by Apartment Type

The same neighborhood can favor sellers for one apartment type and buyers for another. On the Upper East Side, two-bedroom co-ops have 3.7 months of supply while co-ops with four or more bedrooms have 10.9 months, over April 2 to October 2, 2026 (RLS). That spread is why I price from the comps for the exact apartment type, not the neighborhood average.

Source: REBNY Listing Service (RLS) via Trestle, closed sales April 2 to October 2, 2026 and homes for sale as of October 2, 2026.

Active Listings This Fall

Live data · Updated every 15 min · Source: REBNY RLS

View All

Active

$1,499,000

30 Marconi Place

Bedford-Stuyvesant

6 bd 3 ba 2,050 sf

View Details Tour

Multi Family · 1899 RLS #RLS20112083

Active

$215,000

759 E 10th Street #1B

Midwood

0 bd 1 ba

View Details Tour

Co-op · 1958 RLS #RLS20113177

Listing information provided courtesy of the Real Estate Board of New York's Residential Listing Service (RLS). Information is deemed reliable but not guaranteed. Sale listings verified. ©2026 REBNY. RLS data displayed by Keller Williams NYC.

Where the Summer Market Left Off

StreetEasy's public monthly data runs through June 2026, the last full read before fall. The median NYC asking price was $999,999 in June 2026, down 9.1% from $1,100,000 a year earlier, while the median recorded sale price rose 5.9% to $900,000 (StreetEasy). The median home took 58 days to go into contract, and the median asking rent reached $4,200 a month, up 5% from June 2025.

What the Fall 2026 Market Means If You're Buying

Your room to negotiate depends on the apartment type more than the borough. Where supply runs above 10 months, as with Midtown one-bedroom condos and Financial District studio condos, about nine in ten recent sales closed below the original asking price, so an offer under the ask is a normal opening. Where supply is under 3 months, as with Park Slope three-bedroom co-ops, the typical sale cleared the original ask, so a low opening offer is more likely to lose the apartment.

Co-ops, condos and new developments carry different fees, so run the closing cost math before you write an offer. The NYC closing costs breakdown has the dollar ranges, the co-op buying guide covers the board package, and the NYC buyer guide walks through the process from pre-approval to the final walk-through. REBNY rules have required a signed buyer representation agreement before showings since 2025, so have one in place before the fall open-house weekends.

What the Fall 2026 Market Means If You're Selling

Price to the last six months of sales for your apartment type, not the neighborhood median. In Park Slope, Brooklyn Heights, Williamsburg and Long Island City, the typical sale over April 2 to October 2, 2026 closed at its original asking price. In Tribeca it closed at 95.2% of the original ask, and in the Financial District at 95.5% (RLS). A listing priced above its own comp set in a neighborhood with 10 months of supply is competing with every similar unit buyers can see that week.

Manhattan had 2,995 homes in contract on October 2, 2026, nearly half as many as the 6,210 still for sale (RLS). The NYC seller's guide covers pricing, staging and timeline, and when to list in NYC covers how the calendar changes the math.

Market Report Terms, Explained

What is months of supply?

Months of supply is how long it would take to sell every home now listed if sales kept their recent pace and no new listings came on. A lower number means buyers have fewer homes to choose from; a higher number means more choice and more room to negotiate.

What is the original asking price?

The original asking price is the price a home was listed at when it first came on the market, before any price cuts. Comparing the sale price with it shows how much room buyers actually negotiated.

Where does this NYC real estate market report's data come from?

The borough and neighborhood figures come from the REBNY Listing Service (RLS), the listing service REBNY member brokers share, read through Trestle. The summer comparison uses StreetEasy's public market data through June 2026. Neighborhood and borough sale counts measure different windows, six months and 90 days, so they are not added together.

How often is this report updated?

I update this NYC real estate market report every quarter, at this same address. The date at the top of the page shows when the numbers were last pulled.