The regional housing market in the New York City metro area closed a challenging 2023 year with a sluggish fourth quarter in which sales fell to their lowest level in over 10 years. But even with transactions continuing to fall, and with interest rates higher than they’ve been in recent years, ridiculously low levels of inventory still managed to drive prices up to another historic high.
The 2023 housing market defied easy explanation, buffeted by swirling cross-currents of trends that upended basic expectations of supply-and-demand economics.

We've created in-depth reviews of the region and your local county, please review our detailed reports below.