Published October 1, 2026 in Market Update

The tightest part of the Primary market is still moving very fast

By Zachary Mazur

Real estate, Primary market

These numbers cover the three months ending July 31, 2026. One fact stands above the rest: the Real Estate Data Aggregator counted just 1.6 months of supply in ZIP 11758. The National Association of Realtors put the U.S. figure at 4.9 months. That gap is wide. For sellers in 11758, it means very few competing homes. For buyers, it means fewer choices and a need to come in with a clear budget and plan.

That shortage shows up in what buyers paid. The Real Estate Data Aggregator found that 71.5% of homes sold in ZIP 11758 closed above list price in that period. The average sale came in at 104.2% of list. That is up 1.3 points from a year before. Most homes did not sit long either: the median was 21 days on market, 2 days shorter than the same period in 2025.

How the other ZIP codes compare

ZIP 11758 is not the only tight spot. The Real Estate Data Aggregator shows ZIP 11703 at 1.7 months of supply. ZIPs 11783, 11793 and 11795 each sit at 1.8 months. ZIP 11704 is at 2.1 months. ZIP 11757 is the loosest at 2.7 months, and ZIP 11702 carries the most supply at 3.4 months. Even 3.4 months is well below the 4.9 months the National Association of Realtors reported for the whole country.

Where above-list sales are strongest

ZIP 11795 stands out on this measure. The Real Estate Data Aggregator found that 84.8% of homes there sold above list price, up 16.9 points from a year before. The sale-to-list average was 104.9%, up 2.2 points. The median there was 20 days on market, 7 days shorter than a year ago. ZIP 11758 was close behind at 71.5% above list. ZIP 11793 came in at 71.4%.

One ZIP where prices dipped a little

Not every number points up. The Real Estate Data Aggregator shows the median sale price in ZIP 11702 edged down 0.8% year over year, landing at $773,500. ZIP 11793 dipped 3.3% to $800,000. That said, both ZIPs still saw homes sell above list price at rates above 66%. A small price dip does not mean buyers stopped competing.

The whole market added more sales

Across all eight ZIP codes together, the Real Estate Data Aggregator counted 540 homes sold in the three months ending July 31, 2026. That is up 17.1% from the same period a year before. Pending sales across the market totaled 648, up 14.5% year over year. New listings came in at 704, up 6.8%. More sellers listed, and even more buyers followed.

What mortgage rates are doing right now

Rates matter for every buyer in this market. Freddie Mac put the 30-year fixed rate at 7.03% as of September 24, 2026. That is the first reading above 7% since January 2025, according to Realtor.com. Realtor.com also reported that rates jumped 19 basis points in one week, the largest one-week move since April 2025. The 15-year fixed came in at 6.42%, per Freddie Mac. A tighter budget is real for buyers right now.

Realtor.com noted the Federal funds rate range now sits at 3.75 to 4.00 percent after the FOMC raised it by a quarter point. That move fed directly into the jump in mortgage rates. Buyers who planned around a lower rate may need to revisit their numbers before they make an offer.

One street can read very differently from the ZIP code around it. A block with more turnover, a newer build or a school boundary line can shift the numbers in ways the ZIP average does not show. If you want to know what the data says about your specific street, text me your address.