New York recorded a median sale price of $900,000 in July 2025, a 4.7% increase year over year, with nearly 2,909 sales that month. Approximately 14.5% of homes sold above list price, indicating strong buyer competition. Listings with amenities such as rec rooms and home theaters achieved premiums, often selling for about 103% and 102% of list price, respectively. A sample listing shows a one-bedroom, one-bath property priced at $555,000. Alison works in Content Marketing as a Marketing Program Manager at Redfin, with five years' experience writing on home design and housing affordability, and lives in Seattle.
It's no surprise the "Big Apple" attracts so many residents, whether they're looking for a modern apartment near Central Park or a historic brownstone in Brooklyn. New York's housing market recorded a median sale price of $900,000 in July 2025 (up 4.7% year over year), with nearly 2,909 sales that month alone. Nearly 14.5% of homes sold above list price, showcasing New York's immense popularity. Listings with a rec room often sell for 103% of the list price
Alison is part of the Content Marketing team as a Marketing Program Manager. In her 5 years at Redfin, Alison has written a variety of articles ranging from home design tips to housing affordability, and specializes in first-time homebuyer and seller resources. A California-native, Alison currently resides in Seattle where you can find her catching a concert or exploring farmers' markets. Her dream home is a cottage-style house with a chef's kitchen and a cozy room to store and play vinyl records.
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