New York, NY 10001 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

Property Taxes

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. The primary market value indicator, median sold price 3,646,000, represents the most recent transaction-level evidence of value in ZIP 10001 and should be the anchor for pricing decisions given its reflection of completed sales activity.
2. There is a notable spread between the median listing price 2,240,000 and the median sold price 3,646,000, which may indicate divergent seller expectations versus final transaction outcomes and suggests pricing friction when moving properties to contract.
3. Liquidity appears slower with a median days on market of 185, which signals extended marketing times and suggests sellers may need to allow more time or be flexible on terms to achieve the median sold price.
4. Market context shows neutral market temperature (neutral) with rent rising (median market rent 5,850, rent year-over-year trend up) while interest rate pressure is elevated (current 30-year fixed rates averaging 6.5%), which together suggest price stability but increased carrying cost sensitivity for buyers and investors.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.