Lower East Side recorded 4 closed sales in the last 30 days at a median close price of $989K. Active inventory stands at 131 listings with a median asking price of $1.13M ($1,418/sqft). Condos dominate at 49% of inventory. 28.2% price reductions among active listings. 6 new listings hit the market this week, while 60 properties are under contract. At current absorption rates, Lower East Side has approximately 32.8 months of supply, making it a buyer's market. As a Lower East Side 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 Lower East Side, call me at (917) 416-7433 for a personalized market analysis.
Lower East Side Market Report July 2026: $1.13M Median
Milton Coste
Licensed Real Estate Associate Broker at Keller Williams NYC
NY License #10301213304 | (917) 416-7433
131
Active Listings
$1.13M
Median Asking
4
Sold (30 Days)
32.8
Months of Supply
Price Trends
Inventory Breakdown
| Metric | Value |
|---|---|
| Active Listings | 131 |
| Pending Sales | 60 |
| Median Asking Price | $1.13M |
| Median Price/Sqft | $1,418 |
| Avg Days on Market | N/A |
| New This Week | 6 |
| Price Reduced | 37 (28.2%) |
| Sold (Last 30 Days) | 4 |
| Sold (Last 90 Days) | 10 |
| Median Sale Price (90d) | $989K |
| Sale-to-List Ratio | 99.2% |
| Months of Supply | 32.8 (buyer's market) |
Property Mix
Based on 4 transactions. Limited volume may result in atypical metrics.
Recent Transactions
|
|
475 FDR Drive #L1204, Apt L1204 | $600,000 | 1 BR | Jun 30, 2026 |
|
|
266 E BROADWAY #B1006, Apt B1006 | $1,375,000 | 3 BR | Jun 18, 2026 |
|
|
383 Grand Street #M505, Apt M505 | $950,000 | 2 BR | Jun 15, 2026 |
|
|
266 E BROADWAY #B1406, Apt B1406 | $1,800,000 | 3 BR | Jun 9, 2026 |
Rental Market
2
Closed Rentals (30 Days)
$6,350/mo
Median Rent
| Type | Count | Median Rent | Range |
|---|---|---|---|
| 2 BR | Limited data | Limited data | Limited data |
Based on 2 transactions. Limited volume may result in atypical metrics.
Recent Transactions
|
|
105 NORFOLK Street #5B, Apt 5B | $8,100/mo | 2 BR | Jun 12, 2026 |
|
|
163 CHRYSTIE Street #2, Apt 2 | $4,600/mo | 2 BR | Jun 8, 2026 |
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Active Listings in Lower East Side
View All$975,000
100 Norfolk Street #1A
$1,100,000
575 Grand Street #605
$750,000
208 E Broadway #J1501
$815,000
413 Grand Street #F1603
$1,200,000
387 Grand Street #K1107
$1,100,000
575 Grand Street #1105
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.