Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
Forest Hills real estate

Forest Hills Market Report May 2026: $671K Median

Milton Coste Live from REBNY/RLS July 15, 2026
Milton Coste

Milton Coste

Licensed Real Estate Associate Broker at Keller Williams NYC

NY License #10301213304 | (917) 416-7433

Forest Hills recorded 6 closed sales in the last 30 days at a median close price of $913K. Active inventory stands at 64 listings with a median asking price of $671K ($973/sqft). Co-ops dominate at 59% of inventory. 42.2% price reductions among active listings. 4 new listings hit the market this week, while 57 properties are under contract. At current absorption rates, Forest Hills has approximately 10.7 months of supply, making it a buyer's market. As a Forest Hills specialist with over 25 years of experience, I track these numbers daily to give my clients a competitive edge. If you are considering buying or selling in Forest Hills, call me at (917) 416-7433 for a personalized market analysis.

64

Active Listings

$671K

Median Asking

6

Sold (30 Days)

10.7

Months of Supply

Price Trends

Inventory Breakdown

Metric Value
Active Listings 64
Pending Sales 57
Median Asking Price $671K
Median Price/Sqft $973
Avg Days on Market N/A
New This Week 4
Price Reduced 27 (42.2%)
Sold (Last 30 Days) 6
Sold (Last 90 Days) 18
Median Sale Price (90d) $913K
Sale-to-List Ratio 99.7%
Months of Supply 10.7 (buyer's market)

Property Mix

Condo 23% (15) Co-op 59% (38) Condop 0% (0)

Recent Transactions

116-33 Union Turnpike 116-33 Union Turnpike $1,950,000 5 BR Jul 13, 2026
78-29 AUSTIN Street #418 78-29 AUSTIN Street #418, Apt 418 $1,200,000 2 BR Jul 6, 2026
68-12 BURNS Street #C3 68-12 BURNS Street #C3, Apt C3 $420,000 1 BR Jul 6, 2026
205 PURITAN Avenue 205 PURITAN Avenue $2,380,000 4 BR Jun 29, 2026
78-29 AUSTIN Street #201 78-29 AUSTIN Street #201, Apt 201 $1,275,000 2 BR Jun 23, 2026
78-29 AUSTIN Street #202 78-29 AUSTIN Street #202, Apt 202 $1,695,000 3 BR Jun 22, 2026

Rental Market

No closed rentals recorded in the last 30 days for Forest Hills.

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RLS at REBNY Data provided by the RLS at REBNY

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.

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