BRONX MARKET UPDATE
JULY 2025
Range Jul2024vs Jul2025
Contractssignedinresidentialsales slightlydecreasedfrom33to31yearover-year,withthemediandayson marketrisingfrom95to88,indicatinga modestlyfastersalespace.Theprice persquarefootforcontractsshowsa smallincrease,movingfromabout$378 to$385.Recordedsalesreflecta medianpriceincreasefrom$410Kto $424K,supportedbyahigherpriceper squarefootrisingfrom$360to$374. Thissuggestsbuyersarewillingtopay moreforhomesthataremovingmore quicklythanlastyear.
Medianrecordedsalepricesforresidentialpropertiesincreasedto $424Kfrom$410Kcomparedtolastyear,highlightinggradual appreciationintheBronxmarket.Thepricepersquarefootalso improvedbyapproximately$14,reinforcingasteadydemandfor residentialrealestate.
Range Jul2024vs Jul2025
Condocontractssigneddroppedto zerothisperiodfromtwolastyear,with priormediandaysonmarketatabout 75.Thisabsencemayindicatelower currentbuyerinterestorlimited inventory.Theprioryear'scondoprice persquarefootwasroughly$392, showingthatcondoswerepreviously commandinggoodvalue.
Condorecordedsalesmedianpricerosesignificantlyto$348Kfrom $283K,reflectingstrongpricegrowthdespitefewercontracts.Price persquarefootimprovedfrom$361to$383,signalingahealthier marketforcondos,evenonlowersalesvolume.
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Range Jul2024vs Jul2025
Coopcontractssignedremained steady,withaslightdropfrom29to28 year-over-year,anddaysonmarket increasedsignificantlyfrom95to113, suggestingpropertiesaretakinglonger tosell.Pricepersquarefootfor contractsdeclinedmodestlyfromabout $360to$353.Thisslowdownmaypoint tobuyercautionortighteningcredit conditionsforcoops.
Mediancoopsalepricesincreasedfrom$240Kto$250K,witha notableriseinpricepersquarefootfrom$258to$290.Despitesome softnessincontractactivity,recordedsalespricesdisplayresilience andmoderategrowth.
Singlefamilycontractssignedrosefrom twotothree,withaslightlyfaster mediandaysonmarketdroppingfrom 63to58.Pricepersquarefootjumped significantlyfromroughly$396to$536, indicatingincreasedbuyerwillingness topaymoreforthesehomes.The strongerPPSFgrowthmayreflecthigher qualityormoredesirablesingle-family listings.
Medianrecordedpricesforsingle-familyhomesremainedsteady near$665K,closetolastyear's$670K,whilepricepersquarefoot increasedfrom$405to$432.Thissuggestsstableoverallpricingwith increasingvaluepersquarefoot,reflectingasolidsingle-family marketintheBronx.
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Date Range Jul2024vs Jul2025
Co-opcontractssignedintheBronx slightlydecreasedby3%from29to28 year-over-year,withthemediandayson marketrisingfrom95to113,indicatinga slowerpaceofcontractactivity.
Mediansalepriceincreasedmodestlyfrom$240Kto$250K,with pricepersquarefootupfrom$258to$290,showingsteadyprice growthdespitefewerrecordedsales.
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Date Range Jul2024vs Jul2025
Studiocontractcountsincreased slightlyfrom4to5,whilemediandays onmarketimprovedfrom91to78, suggestingquickersales.
Medianpriceforstudiosdeclinedfrom$145Kto$128K,withpriceper squarefootalsodecreasing,indicatingsofterpricinginthissegment.
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ONE BEDROOMS
Jul2024vs Jul2025
One-bedroomcontractssigned declinedfrom12to10,andmediandays onmarketmorethandoubledfrom79to 193,reflectingslowerdemand.
Pricessoftenedwithmediansalepricedroppingfrom$208Kto $188K,thoughpricepersquarefootrosefrom$244to$277,showing mixedpricingsignals.
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TWO BEDROOMS
Jul2024vs Jul2025
Two-bedroomcontractsincreasedfrom 9to12,withmediandaysonmarketup slightlyfrom95to113,indicating moderatedemandwithabitslower marketmovement.
Mediansalepricejumpedfrom$285Kto$353Kandpricepersquare footrosefrom$258to$293,signalingstrongpriceappreciation.
THREE BEDROOMS
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Jul2024vs Jul2025
Three-bedroomcontractssigned droppedsharplyfrom4to1,andmedian daysonmarketfelldramaticallyfrom 181to46,suggestingverylimitedsupply butquickersaleswhenavailable.
Mediansalepriceincreasedfrom$363Kto$407Kandpriceper squarefootrosemoderately,indicatingrisingvaluesdespitefewer transactions.
Range Jul2024vs Jul2025
Nofour-bedroomcontractssignedin eitherperiod,indicatingverylimited marketactivity.
Mediansalepricerosenotablyfrom$930Kto$1.0M,withpriceper squarefootincreasingstrongly,reflectinghighervaluationsinthe luxurycoopsegment.
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Range Jul2024vs Jul2025
IntheBronxtownhousemarket, contractcountdroppedfrom5lastyear to3thisyear,withmediandayson marketrisingslightlyfrom53to58days, indicatingfewerandslightlyslower deals.However,themedianpriceper squarefootincreasedfrom$416to$536, signalingstrongerpricestrengthamong buyerswhoareactive.
RecordedtownhousesalespricesinJuly2025showedamodestgain, withthemedianpricerisingfrom$750Kto$773K,whilepriceper squarefootincreasedslightlyfrom$374to$385,suggestingsteady priceappreciationdespiteastablevolumeofrecordedsales.
BRONX REAL ESTATE MONTHLY OVERVIEW
Market Overview
The Bronx real estate market showed mixed trends in July 2025, with some segments experiencing growth in sales and listings, while others saw declines The overall market is witnessing varying price adjustments and changes in volume across different property types
New Development
New Development in the Bronx exhibited significant activity with recorded sales increasing by 100%. The average price decreased by 18 23% to $307K, while the dollar volume rose by 63.53% to $1M. This suggests strong sales amidst a reduction in price.
Luxury
The Luxury segment witnessed remarkable growth with the average price skyrocketing by 118 99% to $9 42M New listings increased by 200%, and the dollar volume surged by 556.98% to $28M. This reflects a significant uptick in luxury property interest
Resale Condo
Resale Condos encountered a mixed scenario, with new listings falling by 53.33% yet recorded sales rising by 22 73% The average price reduced by 26 48% to $468K, indicating a possible adjustment in price expectations.
Resale Co-op
For Resale Co-ops, contracts signed increased by 12 00%, with a dollar volume rise of 8 71% to $8M However, the average price dropped slightly by 2 93% to $298K, hinting at a balancing act between sales momentum and pricing
Single-Family
Single-Family homes saw stable contracts with notable growth in average price, which jumped by 68.88% to $1 25M Recorded sales increased by 6 90%, illustrating resilience in this segment.
Multi-Family
Multi-Family properties experienced robust expansion, with new listings up by 36 21% and recorded sales by 10.78%. The dollar volume rose 51.41% to $182M, signaling strong demand in this sector