BRONX MARKET UPDATE
SEPTEMBER 2025
Bronx MARKET OVERVIEW
CONDO, CO-OP AND SINGLE-FAMILY HOMES
Contracts signed in September 2025 decreased slightly from 36 to 28, with a notable drop in median DOM from 90 to 26 days, indicating quicker closing times. However, the price per square foot declined from $380 to $314, suggesting some pricing softness. The overall contract activity has slowed, but closings are happening faster, possibly reflecting a more balanced market.
Median recorded sales price increased modestly from $400K to $413K, with a slight rise in price per square foot from $346 to $367, indicating stable or slightly improving sale prices despite fewer contracts.
AND RESALE CONDOS Date Range Sep 2024 vs Sep 2025
Condo contract signings doubled from 1 to 2, with DOM decreasing from 82 to 92.5 days, while the price per square foot pulled back from $552 to $471, signaling reduced pricing but slightly faster agreements.
Median condo sale price climbed from $265K to $323K, with price per square foot stable around $366, reflecting increased transaction value even with fewer contract signs.
Date Range Sep 2024 vs Sep 2025
Coop contracts signed fell from 30 to 24, with median DOM increasing from 92.5 to 154 days, and price per square foot declining from $340 to $305, indicating a slowdown in signing pace and softer pricing.
Median sale prices edged down from $270K to $255K, with a slight decline in price per square foot, suggesting stable but somewhat softened sales environment for coops.
SINGLE-FAMILY
TOWNHOUSES AND DETACHED SINGLE-FAMILY HOMES
Single-family home contracts decreased from 5 to 2, but median DOM dropped from 76 to 106 days, and price per square foot increased from $413 to $465, showing some resilience in pricing despite lower activity.
Median sale price rose modestly from $636K to $649K, with the price per square foot increasing from $392 to $419, reflecting continued strength in overall valuation for single-family homes.
NEW DEVELOPMENT
There have been no new development contracts signed in the current period or the prior year, indicating a pause or slowdown in new development activity.
Currently, there are 14 unsold units across 5 buildings, all actively on the market, which suggests low existing inventory levels in the Bronx compared to previous periods.
5 9 UNITS 64% of new inventory is unlisted
The median sale price for recorded sales was $243K, but without prior period data, it's unclear if current prices are up or down.
CONDO MARKET REPORT
Date Range Sep 2024 vs Sep 2025
In Bronx condo sales, contracts signed doubled, with 2 this period compared to 1 last year, and the median DOM increased slightly to 92.5 days from 82 days, indicating a modest slowdown in deal speed.
Prices for recorded condo sales rose from 265K to 323K, with price per square foot up from 335 to 367, reflecting stronger market values and increased buyer willingness to pay premium prices.
CONDO MARKET - STUDIOS Date Range Sep 2024 vs Sep 2025
No new condo contracts were signed this period, consistent with last year, suggesting market stability but limited new activity in studios.
A single studio sale priced at 175K with a PPSF of around 291, similar to prior reports, indicating steady but limited price movement in this segment.
BEDROOMS
One 1-bedroom contract was signed, with a DOM of 28 days, up from 0 in the prior year, hinting at a slight slowdown, though activity remains low.
Prices increased from 208K to 228K, and PPSF moved up from 314 to 350, suggesting steady appreciation for one-bed units.
TWO BEDROOMS
CONDO MARKET - 2 BEDROOMS
No new 2-bedroom contracts were signed this period, maintaining a pause from last year, potentially reflecting cautious buyer activity.
Prices slightly declined from 350K to 335K but PPSF increased from 358 to 377, indicating premium pricing remains but overall sales volume is flat.
THREE BEDROOMS
CONDO MARKET - 3 BEDROOMS Date Range Sep 2024 vs Sep 2025
One 3-bedroom contract was signed with a 157-day DOM, increasing from 82 days last year, retesting market patience levels.
Prices jumped from 350K to 506K, with PPSF up from 346 to 422, highlighting strong value growth and buyer interest in larger units.
FOUR+ BEDROOMS
No 4-bedroom contracts signed this period, with prior activity absent, suggesting limited movement in larger family-sized condos.
No recent sales, indicating a pause in large-unit transactions in Bronx condos.
CO-OP MARKET REPORT
Date Range Sep 2024 vs Sep 2025
Compared to September 2024, overall contracts signed in September 2025 decreased from 30 to 24, with a notable drop in days on market from 92.5 to 22, indicating faster negotiations but lower deal volume. Recorded sales prices also softened slightly, with the median price falling from $270K to $255K, while price per square foot remained stable.
Median sale prices across all categories in September 2025 are generally below prior year levels, with some categories like 1-bed and 2-bed units experiencing notable price dips, reflecting a potential shift toward more competitive listing prices or lower buyer demand.
CO-OP MARKET - STUDIOS
Date Range Sep 2024 vs Sep 2025
Contracts for studios declined from 3 to 1, with a slight increase in median days on market from 120 to 126 days, suggesting less immediate buyer interest in this segment.
Median sale prices for studios decreased from $145K to $140K, but price per square foot increased slightly, indicating stable or marginally improved value for the units sold.
ONE BEDROOMS
CO-OP MARKET - 1 BEDROOMS Date Range Sep 2024 vs Sep 2025
1-bed contracts remained stable at 11 units but days on market declined from 166 to 153, reflecting quicker sales. This suggests buyers may be more decisive or competition is picking up in this segment.
Median prices for 1-beds dropped from $216K to $184K, with price per square foot decreasing from about $280 to $227, indicating softer pricing conditions compared to last year.
TWO BEDROOMS
CO-OP MARKET - 2 BEDROOMS
Contracts for 2-bed units slightly decreased from 12 to 11, while median days on market decreased significantly from 77 to 161, signaling a possible change in buyer behavior or market focus.
Median sale prices slightly declined from $337.5K to $330K, with price per square foot remaining stable around $300, showing relative price resilience in this segment.
THREE BEDROOMS
CO-OP MARKET - 3 BEDROOMS
3-bed contracts fell from 4 to 1, with median days on market increasing from 99 to 186, indicating reduced activity and slower sales process for larger units.
Prices for 3-beds decreased from $671K to $588K, with a slight drop in price per square foot from approximately $408 to $385, reflecting softer demand for larger family-sized units.
No contracts were signed for 4-bed units this period, down from 0 last year, and recorded sales had a median price of $454K with a stable price per square foot, suggesting limited activity in this category.
TOWNHOUSE MARKET REPORT
In Bronx, townhouse contracts signed declined from 8 last September to 6 this September, with the median DOM increasing from 66 to 81 days. This suggests fewer new contracts are being signed, and properties are taking longer to sell than a year ago.
Recorded sales prices dipped slightly from a median of $775K to $747K, while price per square foot increased modestly from $367 to $378, indicating stable or slightly rising values despite fewer transactions.
BRONX MONTHLY REAL ESTATE MARKET SNAPSHOT
The real estate market in the Bronx for the month of September 2025 has shown mixed trends across different market types, reflecting varied buyer and seller sentiment.
New Development
New Development properties saw stable recorded sales, though the average price witnessed a significant decline, decreasing by 28 71% This segment also faced a drop in dollar volume by the same percentage
Luxury ($4M+)
The luxury market, although not specifically reported this month, has previously experienced a substantial increase in new listings and prices in the months leading up to September.
Resale Condo
Resale Condos are experiencing a slowdown with a 66.67% drop in contracts signed and a 71.35% decrease in dollar volume However, recorded sales remained steady, and the average price surged by 27 98%, indicating possible investor interest
Resale Co-op
The Resale Co-op segment displayed resilience, with a slight increase of 4.35% in contracts signed. Avg PPSF increased by 6.98%. Notably, dollar volume increased significantly by 40 01%, suggesting robust activity in this segment.
Single-Family
The Single-Family sector weakened with contracts signed dropping by 50% Average price and dollar volume declined dramatically by 69 92% and 84 96%, respectively, though new listings saw a slight increase
Multi-Family
The Multi-Family market showed resilience in average price growth of 14 37% despite a 20% drop in contracts signed. Dollar volume saw a decrease, but price per square foot rose by 13 30%
Overall, the Bronx market is experiencing mixed dynamics, with certain sectors showing strength and resilience, while others reveal areas of concern and potential oversupply