Near asking price, but not a quick sale

New York sellers are getting close to their final asking prices—but homes are not selling quickly. AreaPro’s October 18, 2026, snapshot puts the sale-to-final-list measure at 99.7%, alongside 95 days to sell. That combination is the clearest signal in the city’s current housing market: sellers retain pricing strength at the closing table, while buyers have time to compare.

The RealSights Market Pulse is 43, classified as balanced. Its strongest seller-side driver is that sellers are holding close to their final asking prices. Its strongest buyer-side driver is the long time homes spend on the market. Neither signal cancels out the other, and neither supports calling this a market firmly controlled by buyers or sellers.

Buyers are finding homes, without a frenzy

The city has 8,822 active listings and 4,340 pending listings. Its pending ratio of 49% means about 4-5 out of every 10 homes for sale are finding a buyer—an even market.

The calculation compares homes with a buyer lined up against homes still for sale. It includes pending homes and all other homes under contract. It is a snapshot of that balance, not a promise that any particular listing will sell.

For sellers, the reading means homes are selling, but buyers can shop around. Price and presentation matter. For buyers, neither side has the upper hand across the citywide market. There is room to compare a few homes, rather than a broad signal that every purchase requires an immediate decision.

Time is the counterweight to price strength

Homes took 95 days to sell, placing the selling pace in the so-so range rather than the fast category. Active days on market stands at 105, reinforcing the picture of listings spending substantial time available to buyers. Months of supply is 6.5.

Those figures help explain why the Pulse remains balanced despite sales landing close to final asking prices. A seller can achieve a price near the final ask without achieving a quick transaction. Likewise, time on the market does not by itself establish how much a particular seller will negotiate.

Final asking price is not the starting price

The distinction between final and original asking prices matters. The sale-to-final-list measure is 99.7%, while the sale-to-original-list measure is 96.4%. The snapshot therefore shows a closer relationship to the final ask than to the original ask. It does not document the pricing history of each home.

The median sold price is $2,034,287, and the snapshot reports 8,107 closings. These are citywide figures, not a valuation of an individual property or a description of every neighborhood.

Only one weekly snapshot is available. This alert describes current conditions as of October 18, 2026; it does not establish a trend. The central takeaway is a balanced market with a meaningful wait to sell and strong results relative to final asking prices.