In my 25+ years in New York City real estate, I have learned that each month tells its own story. This August 2026 recap draws from live REBNY/RLS data across all five boroughs, giving you a clear snapshot of where the market stands right now. Whether you are buying, selling, or investing, these numbers will help you make informed decisions.
NYC Real Estate Market Report August 2026: All 5 Boroughs
Milton Coste
Live from REBNY/RLS
July 31, 2026
Milton Coste
Licensed Real Estate Associate Broker at Keller Williams NYC
NY License #10301213304 | (917) 416-7433
Citywide Summary
469
Closed Sales (30 Days)
356
Closed Rentals (30 Days)
$905K
Median Sale Price
$4,067/mo
Median Rent
Winners and Losers
Based on year-over-year data across 169 NYC neighborhoods.
Top 5 Price Gains (YoY)
- 1. Mott Haven Bronx +8900.0%
- 2. Chinatown Manhattan +1443.3%
- 3. Longwood Bronx +552.8%
- 4. Jamaica Estates Queens +420.0%
- 5. Old Mill Basin Brooklyn +397.9%
Top 5 Price Drops (YoY)
- 1. Rosedale Queens -94.1%
- 2. Highbridge Bronx -92.4%
- 3. Fordham Bronx -83.2%
- 4. Morrisania Bronx -77.7%
- 5. New Hyde Park Queens -70.5%
Fastest Moving Markets
- 1. Richmond Hill Queens 11 days
- 2. Co-op City Bronx 15 days
- 3. Gerritsen Beach Brooklyn 16 days
- 4. Morris Park Bronx 17 days
- 5. Little Neck Queens 19 days
Most Inventory
- 1. Upper East Side Manhattan 1735 listings
- 2. Midtown East Manhattan 1286 listings
- 3. Upper West Side Manhattan 1218 listings
- 4. Midtown West Manhattan 473 listings
- 5. Midtown Manhattan 442 listings
Tightest Supply
- 1. Brookville Queens 0.1 months
- 2. Schuylerville Bronx 0.4 months
- 3. Marble Hill Manhattan 0.5 months
- 4. Westchester Village Bronx 0.5 months
- 5. Baychester Bronx 0.7 months
Borough Breakdown
| Borough | Sales (30d) | Median Sale | Rentals (30d) | Median Rent | Avg DOM |
|---|---|---|---|---|---|
| Manhattan | 200 | $1.28M | 200 | $5,200/mo | N/A |
| Brooklyn | 200 | $1.25M | 129 | $4,000/mo | N/A |
| Queens | 54 | $680K | 27 | $3,000/mo | N/A |
| Bronx | 15 | $405K | 0 | N/A | N/A |
| Staten Island * | 0 | N/A | 0 | N/A | N/A |
| NYC Total | 469 | $905K | 356 | $4,067/mo |
* Limited data for this borough this period (fewer than 5 closed sales).
Rental Market Summary
Citywide Median Rent
$4,067/mo
Rent by Borough
| Manhattan | $5,200/mo |
| Brooklyn | $4,000/mo |
| Queens | $3,000/mo |
| Bronx | N/A |
| Staten Island | N/A |
Most Expensive Rental Markets
- 1. Central Park South Manhattan $12,500/mo
- 2. Tribeca Manhattan $8,750/mo
- 3. Stuyvesant Town/PCV Manhattan $6,799/mo
- 4. Flatiron Manhattan $6,593/mo
- 5. Civic Center Manhattan $6,500/mo
Most Affordable Rental Markets
- 1. Westchester Village Bronx $1,650/mo
- 2. Marine Park Brooklyn $1,700/mo
- 3. Morris Heights Bronx $1,700/mo
- 4. Rosedale Queens $1,790/mo
- 5. Castle Hill Bronx $1,850/mo
Newest Listings Citywide
$1,099,900
161 W 61st Street #15E
1 bed
2 baths
822 sqft
Condo
$1,580,000
20 W 84th Street #3D
3 beds
3 baths
15,620 sqft
Condo
$1,699,000
180 Cabrini Boulevard #8384
4 beds
2 baths
Co-op
$809,000
100 W 93rd Street #21E
1 bed
1 bath
516 sqft
Condo
$1,399,999
631 E 9th Street #5B
2 beds
2 baths
951 sqft
Condo
$479,000
305 E 72nd Street #5AS
Studio
1 bath
Co-op
Explore by Borough
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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.