Reports  ›  Weekly · 2026-05-24

New York real estate — week of May 22, 2026

New York's major metros split this week: 2 negative, 5 positive on year-over-year median sale price. Range this week: poughkeepsie-newburgh-middletown at -5.7% YoY to rochester at +161.5%.

Headline numbers

Albany

$262K +0.8%

Buffalo

$204K +9.3%

Kingston

$358K -3.9%

New York

$875K +3.4%

Poughkeepsie / Newburgh

$357K -5.7%

Rochester

$393K +161.5%

Syracuse

$178K +15.1%

This week's signals

Strength 4 / 5

36 days

Buffalo homes taking 36 days to sell — +63.6% vs. a year ago

Homes are sitting materially longer than they were this time last year — the first hard sign of softening demand or over-priced inventory.

Strength 4 / 5

$540K

Saratoga Springs median price -19.3% YoY

Price-per-sqft also -24.5% YoY, confirming real depreciation vs. mix-shift noise.

Strength 4 / 5

8 days

Clifton Park selling in 8 days — -52.9% vs. a year ago

Homes are clearing faster than they did this month last year — a leading indicator that seller leverage is returning to this market.

Strength 4 / 5

98.2%

Schenectady sale-to-list dropped below 1.0 — 98.2%

Typical closed deal now prints below list; buyers have real negotiating room for the first time in this market's recent cycle.

Strength 4 / 5

$400K

Clifton Park median price -14.3% YoY

Price-per-sqft also -9.0% YoY, confirming real depreciation vs. mix-shift noise.

Strength 4 / 5

$875K

Saratoga Springs avg sale price fell back under $1.0M — now $875K

Dropping back below $1.0M re-opens a buyer pool that had been priced out — and puts sellers on notice that the last few months' comps are no longer defensible.

Strength 4 / 5

101.5%

Albany sale-to-list broke above 1.0 — 101.5%

Typical closed deal is now clearing at or over list price; sellers have regained pricing leverage in the last month.

Strength 4 / 5

11 listings

Tonawanda new listings -73.7% vs. 5-year average for this month

Far fewer sellers are listing than is typical for this month — the scarcity tends to harden prices and compress DOM on whatever does come to market.

Source divergence

ZIP-level reconciliation will appear here once curated ZIP coverage lands for New York.

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