Staten Island Weekly Market Report

Report Date: June 15, 2026

Executive Summary

The Staten Island market remains relatively resilient compared with many U.S. markets. Inventory has improved from early-2026 lows, but supply remains below balanced-market levels. Pricing continues to hold firm in most neighborhoods, while buyers are becoming more selective and price-sensitive due to mortgage rates remaining above 6%. Well-priced homes continue to attract strong activity, especially in the South Shore and family-oriented neighborhoods. 

New Listings

• Active inventory has expanded from winter lows, giving buyers more choices than earlier in the year.

• Market sources show active residential inventory generally ranging from approximately 760–890 listings borough-wide during the spring market. 

• New listing activity remains strongest among move-up sellers and homeowners who can no longer delay life-event moves despite higher mortgage rates. (Reuters)

Pending Sales

• Pending sales remain healthy despite affordability challenges.

• Recent market reports indicate approximately 258–327 pending transactions during spring activity.

• Buyer demand remains strongest in:

  • Detached single-family homes

  • Two-family investment properties

  • Homes priced between $650,000 and $850,000 

Closed Sales

• Closed transaction volume remains stable but below peak pandemic-era levels.

• Market sources indicate roughly 167–252 monthly closed sales depending on reporting period and source methodology. (Instagram)

• Sale-to-list ratios remain exceptionally strong, generally between 98% and 99%, indicating sellers are still receiving near-asking-price offers. (Robert DeFalco Realty)

Price Reductions

• Price reductions are becoming more common among homes that entered the market aggressively priced.

• Buyers remain payment-sensitive due to mortgage rates above 6.5%. (Reuters)

• Proper initial pricing remains critical to avoid extended market exposure.

Median and Average Pricing Signals

Current Pricing Snapshot

Market Interpretation

• Prices remain generally stable to modestly higher year-over-year.

• Staten Island continues outperforming many national markets in price stability.

• Two-family properties remain particularly attractive due to rental income potential. 

Inventory Trends

• Months of supply remain roughly 2.6–3.4 months depending on property type and reporting period. 

• A balanced market typically requires 4–6 months of supply.

• Inventory has improved compared with winter but still favors sellers overall. 

Market Signal

The market is moving from an extreme seller's market toward a healthier but still seller-favorable environment.

Days on Market

• Average marketing times generally range between 41 and 57 days.

• Well-priced homes under $750,000 often secure offers within two to three weeks. (Robert DeFalco Realty)

Market Signal

Buyers are taking more time than during the 2021-2023 period, but quality inventory continues to move quickly.

Neighborhood Notes

South Shore

Strongest demand continues in:

• Great Kills

• Annadale

• Huguenot

• Eltingville

• Tottenville

Detached homes with updated interiors remain highly competitive. (Robert DeFalco Realty)

Mid-Island

Steady family-buyer demand for:

• New Dorp

• Oakwood

• Midland Beach

North Shore

Investor interest remains focused on:

• St. George

• Stapleton

• Port Richmond

Particularly where redevelopment and transportation access create future upside potential.