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The market update · Sep 14 · 3 min read

Manhattan Homes Are Sitting Longer. Here's How Much Longer.

Over the twelve weeks ending September 13, 2026, across New York's five ZIP codes, the median home sold in 158 days, up from 146 a year earlier, and one submarket stretched far past that.

If you've had your place on the market this summer, you've probably felt it. Showings space out. Offers take their time. You start wondering if something's wrong with your listing, or if this is just how it is now.

Here's what the data actually says. Across the territory, the median home took 158 days to sell in the twelve weeks ending September 13, 2026. A year earlier, that same window showed 146 days. That's not a blip. With 382 sales behind this period's number and 380 behind last year's, the gap is real and it's showing up across the board.

The data behind this

Twelve weeks ending September 13, 2026
Median days on market382 sales · 10001, 10018, 10019, 10023, 10036
355232173
158 days
02,0004,0006,000

MLS sold data · Twelve weeks ending September 13, 2026

But it isn't showing up the same everywhere, and that's the part worth sitting with. In one New York market, the wait stretched to 181 days, up from 150 a year earlier. That's more than five months of a home sitting, waiting for a buyer to bite. A hundred and fifty homes sold there this period, so it's not a fluke of a small sample.

Not every corner of the territory tells the same story. In New York's Lincoln Square-area ZIP, the wait ran closer to 145 days, meaningfully faster than the slower market even though it's inside the same five-ZIP territory most buyers treat as one big pool. That's the real finding here. "The Manhattan market" isn't one thing right now. It's several markets wearing the same name.

Money moved differently, too. The median sold price across the territory came in at $967,000. And sellers who did get offers weren't leaving much on the table: the median sale-to-list ratio held at 100%, meaning homes are still closing close to asking price even while they take longer to get there.

There's a pattern worth noting inside the numbers, too. Homes with a pool sold in a median of 139 days territory-wide, compared with 180 days for homes without one. That's not why the overall number rose. It's an association the data shows, not a cause, but it's a real difference between two groups of homes that both sold this period.

What does this look like on a Saturday? If you're selling, it means more open houses before you get a serious offer, and it means being patient with a slower back-and-forth than you might remember from a couple years ago. If you're buying, it means more room to negotiate and less pressure to move on day one. Sellers aren't just competing with the calendar. In some pockets, they're competing with each other.

For sellers, especially in the slower-moving parts of the territory, pricing accurately from day one matters more than ever. A home priced to the moment moves faster than one priced to hope. For buyers, this is a window where patience and a fair, well-supported offer both carry real weight.

What would change this read? Watch whether next period's territory-wide days-on-market number keeps climbing or levels off. If the slower submarket keeps stretching while the faster one holds steady, that gap becomes the story, not the overall median.

This is drawn from MLS sold data across New York's five ZIP codes, twelve weeks ending September 13, 2026.

If you're wondering what your home would list for in this market, and how long it might realistically take to sell, I'll put together a straight answer. No pressure, no obligation, just the numbers as they stand today.

Every new letter, first

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