In my 25+ years in New York City real estate, I have learned that each month tells its own story. This March 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 Recap: March 2026
Milton Coste
Live from REBNY/RLS
March 24, 2026
Milton Coste
Licensed Associate Broker at Keller Williams NYC
NY License #10401274378 | (917) 416-7433
Citywide Summary
477
Closed Sales (30 Days)
364
Closed Rentals (30 Days)
$929K
Median Sale Price
$3,825/mo
Median Rent
Winners and Losers
Based on year-over-year data across 169 NYC neighborhoods.
Top 5 Price Gains (YoY)
- 1. Downtown Brooklyn Brooklyn +184.1%
- 2. East Tremont Bronx +126.7%
- 3. Soho Manhattan +126.4%
- 4. Midwood Brooklyn +121.1%
- 5. East Elmhurst Queens +104.3%
Top 5 Price Drops (YoY)
- 1. Central Park South Manhattan -57.9%
- 2. Clearview Queens -54.5%
- 3. Morningside Heights Manhattan -46.3%
- 4. Sunset Park Brooklyn -36.9%
- 5. Glen Oaks Queens -36.5%
Fastest Moving Markets
- 1. Long Island City Queens 3 days
- 2. Nolita Manhattan 13 days
- 3. Carroll Gardens Brooklyn 31 days
- 4. Queens Village Queens 31.5 days
- 5. Prospect Lefferts Gardens Brooklyn 32 days
Most Inventory
- 1. Upper East Side Manhattan 1629 listings
- 2. Midtown East Manhattan 1219 listings
- 3. Upper West Side Manhattan 1171 listings
- 4. Chelsea Manhattan 394 listings
- 5. Midtown West Manhattan 381 listings
Tightest Supply
- 1. Pelham Gardens Bronx 0.2 months
- 2. Baychester Bronx 0.3 months
- 3. Country Club Bronx 0.3 months
- 4. Van Nest Bronx 0.3 months
- 5. Laconia Bronx 0.5 months
Borough Breakdown
| Borough | Sales (30d) | Median Sale | Rentals (30d) | Median Rent | Avg DOM |
|---|---|---|---|---|---|
| Manhattan | 200 | $1.34M | 199 | $4,750/mo | N/A |
| Brooklyn | 200 | $1.20M | 137 | $3,700/mo | N/A |
| Queens | 58 | $813K | 28 | $3,025/mo | N/A |
| Bronx | 19 | $360K | 0 | N/A | N/A |
| Staten Island * | 0 | N/A | 0 | N/A | N/A |
| NYC Total | 477 | $929K | 364 | $3,825/mo |
* Limited data for this borough this period (fewer than 5 closed sales).
Rental Market Summary
Citywide Median Rent
$3,825/mo
Rent by Borough
| Manhattan | $4,750/mo |
| Brooklyn | $3,700/mo |
| Queens | $3,025/mo |
| Bronx | N/A |
| Staten Island | N/A |
Most Expensive Rental Markets
- 1. Central Park South Manhattan $14,000/mo
- 2. Soho Manhattan $8,800/mo
- 3. Tribeca Manhattan $7,995/mo
- 4. Flatiron Manhattan $6,012.5/mo
- 5. Greenwich Village Manhattan $5,795/mo
Most Affordable Rental Markets
- 1. Westchester Village Bronx $1,500/mo
- 2. Van Nest Bronx $1,575/mo
- 3. Bellerose Queens $1,724.5/mo
- 4. Pelham Gardens Bronx $1,875/mo
- 5. Woodstock Bronx $1,900/mo
Newest Listings Citywide
$429,000
78-15 19th Drive #B2
1 bed
1 bath
630 sqft
Condo
$700,000
61 JANE Street #9S
1 bed
1 bath
473 sqft
Co-op
$7,200,000
50 Riverside Boulevard #10L
4 beds
5 baths
2,831 sqft
Condo
$13,900,000
50 Central Park #Maisonette Duplex
5 beds
5 baths
5,935 sqft
Co-op
$2,350,000
181 7TH Avenue #2B
2 beds
2 baths
930 sqft
Condo
$699,000
227 E 87th Street #C
2 beds
2 baths
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.