BRONX MARKET UPDATE
NOVEMBER 2025
OVERVIEW
CO-OP AND SINGLE-FAMILY HOMES
Contracts signed this period increased slightly from 25 to 29, with days on market rising from a median of 72 to 116 days, indicating a slower-moving market overall. Prices for recorded sales have also gone up, with the median price rising from $386K to $478K, reflecting stronger demand for properties and value appreciation.
Median sale prices have increased notably from $386K to $478K, and price per square foot has grown from 352 to 382, suggesting rising property values in Bronx compared to last year.
Condo contract signings more than doubled from 2 to 5, with median days on market increasing from 209 to 226 days, indicating a slower negotiation pace. Sale prices also increased from a median of $279K to $330K, highlighting growing interest and value in condo units.
Median condo sale prices rose from $279K to $330K, with a slight increase in price per square foot, from 362 to 518, showing stronger valuation trends in recent sales.
Coop contract signings grew from 22 to 24, but days on market doubled from 70 to 113 days, indicating some market slowdown. Sale prices saw a decline from $270K to $228K, suggesting more competitive or lower-priced options emerging.
Median sale price for coops dipped from $270K last year to $228K now, while price per square foot remained stable around 346-382, reflecting a more moderate market adjustment.
SINGLE-FAMILY
TOWNHOUSES AND DETACHED SINGLE-FAMILY HOMES
There were no new contracts signed in the current period, compared to 1 last year, which had a median DOM of 69 days. This suggests very limited activity in single-family homes at this time.
Median sales price for single-family homes increased from $615K to $715K, with a rise in price per square foot from 405 to 447, indicating strong valuation despite fewer transactions.
BRONX REAL ESTATE MONTHLY MARKET SNAPSHOT
The real estate market in the Bronx for November 2025 shows varied dynamics in property sales and listings. Each segment reveals unique trends that are crucial for potential buyers and investors to understand.
New Development
In the realm of new developments, November exhibited robust activity Contract signatures surged by 36% from the previous month, indicating a growing confidence from both developers and buyers Average price per square foot (PPSF) increased by 17.88%, reaching $402. This reflects a heightened interest in new properties, perhaps driven by contemporary amenities or strategic locations
Luxury Market
The luxury market saw positive momentum The average property price appreciated by 4.08%, culminating in an average of $733K Even though the dollar volume
experienced a decline of 20 74%, this may be attributed to fewer high-value transactions despite steady demand.
Resale Condo
Resale condos experienced a mix of trends Average recorded sales dropped by 21.60%, likely indicating a reduced inventory or a shift in buyer preference However, the average price showed resilience with a 5.03% growth, now averaging $713K The PPSF also rose to $400, reflecting a 2.62% increase, underscoring a sustained demand for well-situated resale properties.
Overall Market Outlook
While new listings decreased by 23.85%, the overall market shows an upward trend in property valuations across various segments. The volatility suggests both opportunities and challenges, positioning the Bronx as a dynamic and evolving real estate landscape for 2025.