Lower East Side recorded 9 closed sales in the last 30 days at a median close price of $1.08M. Active inventory stands at 106 listings with a median asking price of $1.15M ($1,246/sqft). Co-ops dominate at 56% of inventory. 36.8% price reductions among active listings. 5 new listings hit the market this week, while 41 properties are under contract. At current absorption rates, Lower East Side has approximately 11.8 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 Update: March 2026
Milton Coste
Licensed Associate Broker at Keller Williams NYC
NY License #10401274378 | (917) 416-7433
106
Active Listings
$1.15M
Median Asking
9
Sold (30 Days)
11.8
Months of Supply
Price Trends
Inventory Breakdown
| Metric | Value |
|---|---|
| Active Listings | 106 |
| Pending Sales | 41 |
| Median Asking Price | $1.15M |
| Median Price/Sqft | $1,246 |
| Avg Days on Market | N/A |
| New This Week | 5 |
| Price Reduced | 39 (36.8%) |
| Sold (Last 30 Days) | 9 |
| Sold (Last 90 Days) | 26 |
| Median Sale Price (90d) | $1.08M |
| Sale-to-List Ratio | 99.6% |
| Months of Supply | 11.8 (buyer's market) |
Property Mix
Recent Transactions
|
|
38 Delancey Street #Unit 12C, Apt Unit 12C | $1,120,000 | 1 BR | Mar 4, 2026 |
|
|
115 Norfolk Street #34, Apt 34 | $1,450,000 | 2 BR | Mar 23, 2026 |
|
|
242 BROOME Street #7C, Apt 7C | $2,180,000 | 2 BR | Mar 19, 2026 |
|
|
199 Bowery #7F, Apt 7F | $935,000 | 1 BR | Mar 11, 2026 |
|
|
417 GRAND Street #D504, Apt D504 | $1,400,000 | 2 BR | Mar 19, 2026 |
|
|
504 Grand Street #E52, Apt E52 | $575,000 | 1 BR | Mar 4, 2026 |
|
|
577 GRAND Street #F1407, Apt F1407 | $890,000 | 2 BR | Mar 4, 2026 |
|
|
212 E Broadway #G1205, Apt G1205 | $980,000 | 2 BR | Mar 2, 2026 |
|
|
383 Grand Street #M705, Apt M705 | $950,000 | 2 BR | Feb 26, 2026 |
Rental Market
1
Closed Rentals (30 Days)
$5,495/mo
Median Rent
| Type | Count | Median Rent | Range |
|---|---|---|---|
| 2 BR | Limited data | Limited data | Limited data |
Based on 1 transaction. Limited volume may result in atypical metrics.
Recent Transactions
|
|
45 Beekman Street #4S, Apt 4S | $5,495/mo | 2 BR | Feb 23, 2026 |
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Active Listings in Lower East Side
View All
$1,100,000
550 GRAND Street #G7F
$1,775,000
105 Norfolk Street #8B
$1,325,000
150 RIVINGTON Street #2G
$2,600,000
50 Clinton Street #1A
$719,000
210 E Broadway #H1305
$685,000
415 Grand Street #E405
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.