If you’ve been following the New York real estate scene, you already know—it’s never boring. The market is constantly shifting, and staying informed can make all the difference whether you’re buying, selling, or just keeping an eye on your investment. Here’s a look at what’s happening right now, and what it could mean for you.

Prices Holding Steady, But Buyers Are Watching Closely

Across Long Island and the boroughs, home prices are holding strong, with the average sale price hovering around $650,000 to $700,000. Demand is still there, especially in communities like Uniondale, Baldwin, and Hempstead, but buyers are becoming more selective. They want move-in-ready homes, and they’re not as quick to jump without weighing their options.

What this means for sellers:

• Well-priced homes are still selling fast.

• Properties with updated kitchens, baths, or fresh curb appeal are getting top dollar.

• Overpricing, even slightly, can push buyers to the next listing.

What this means for buyers:

• Be prepared to act quickly on homes that check your boxes.

• Have your financing in order so you can make a strong offer.

• Don’t overlook homes that might need small updates—they could be your best value.

Interest Rates: A Balancing Act

Mortgage rates have been one of the biggest conversation starters this year. While they’ve ticked up compared to a few years back, they’re not stopping serious buyers. For many, the mindset has shifted: “Marry the house, date the rate.” That means getting into the home you want now and refinancing later when rates drop.

Inventory Still Tight

Sellers have been cautious about listing, worried about giving up their lower interest rates. This has kept inventory lower than average, which is why homes in popular neighborhoods don’t last long. If you’re a homeowner thinking of selling, this shortage could work in your favor—less competition and more motivated buyers.

My Take: Opportunity Is Everywhere

Every market has its challenges, but it also has opportunities. Right now:

• Sellers who prepare their homes and price smartly are in control.

• Buyers who stay patient and flexible can still land a great deal.

• Investors should pay close attention to multi-family homes, which continue to generate strong rental demand.

At the end of the day, New York real estate is resilient. Whether the market is up, down, or in between, there’s always a way to reach your goals—you just need the right guidance.

Thinking of buying or selling? Let’s talk. I’ll give you the inside track on your neighborhood so you can make the smartest move for your future.