"In September, home prices rose slightly from the month before, with a median listing price of $1,595,000. The number of listings on the market grew 10%, which is a bigger increase than normal for this time of the year in New York City, and homes are also selling close to the same pace as the same time last year. Home prices in New York City Typically, home prices in New York City tend to fall in September."
"In September, there were 6,812 homes for sale in New York, which was 10% more than the month before and 4% more than the same time last year. Meanwhile, active inventory across the nation rose by 3% from last month to 940,980. The number of new listings in New York was 2,302, which was 173% more than the month before and 16% more than the same time last year."
"Homes in New York take an average of 91 days to sell, according to September figures, which is faster than usual for this time of the year. This is two days less than the previous month and one day less than the same month last year. For comparison, nationally homes spent an average of 55 days on the market in September."
In September, the median listing price in New York City was $1,595,000, representing a slight month-over-month increase. Price per square foot in New York City remained practically unchanged from the previous month, while nationally price per square foot decreased 0.4%. There were 6,812 homes for sale in New York, up 10% from the previous month and 4% from last year, and 2,302 new listings, up 173% month-over-month and 16% year-over-year. Active inventory nationwide rose 3% to 940,980 and new national listings rose 4% to 399,750. Homes in New York averaged 91 days on market, compared with a national average of 55 days.
Read at SFGATE
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