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January 6, 2026
STATEN ISLAND, N.Y. (Jan. 8. 20026) — Staten Island’s housing market closed out the year with a familiar theme: Fewer homes for sale, faster deals, and prices continuing to climb. According to the latest data from the Staten Island Board of Realtors® (SIBOR), tight inventory remains the defining force shaping the borough’s real estate landscape.
SIBOR’s newly released report shows new listings of Staten Island homes declined 8.1 percent to 251 in December, as compared to the same month a year earlier. When measured against December 2024, pending sales in the borough dipped slightly last month by 0.7 percent to 298, and inventory levels saw a sharp drop, falling 29.2 percent to just 772 units, underscoring the ongoing scarcity of homes available for sale across the borough.
That scarcity continues to push prices higher. The median sales price of a Staten Island home jumped 11 percent from a year ago to $755,000, highlighting the competitive nature of the market. Homes are also selling more quickly, with average days on market falling 4.1 percent to 70 days.
“Inventory remains the story on Staten Island,” said Sandy Krueger, CEO of SIBOR. “With so few homes available, prices are being driven higher, and well-positioned properties are moving quickly. Buyers are still active, but they need to be decisive and work closely with a local Realtor® to succeed in this environment. For sellers, the market continues to offer strong advantages.”
Further highlighting seller-friendly conditions, the months’ supply of inventory dropped 26.8 percent to just 2.3 months — well below what is typically considered a balanced market.
STATEN ISLAND’S UNIQUE ATTRIBUTES
Staten Island’s housing market is shaped by fundamentals that don’t exist in the same way elsewhere in the city.
“Our housing stock is largely made up of one- and two-family homes, with limited opportunities for large-scale new development,” CEO Krueger explained. “When you combine that with steady employment and continued demand from buyers looking for space and value within New York City, it keeps inventory tight and competition strong, even when broader markets begin to cool.”
NATIONAL TREND
Nationally, existing-home sales increased 0.5 percent in December from the prior month to a seasonally adjusted annual rate of 4.13 million, marking the third consecutive monthly gain, according to the National Association of REALTORS® (NAR). However, sales were still down 1 percent compared to the same period last year.
Regionally, month-over-month sales rose in the Northeast and South, were unchanged in the West, and declined in the Midwest. On a year-over-year basis, sales were flat in the Northeast and South and fell in both the Midwest and West.
The national median existing-home price continued its upward climb, increasing 1.2 percent from a year ago to $409,200 — the 29th consecutive month of year-over-year price gains. At the end of November, there were 1.43 million homes for sale nationwide, representing a 4.2-month supply at the current sales pace.
About the Staten Island Board of Realtors® (SIBOR)
and Staten Island Multiple Listing Service (SIMLS)
Established in 1915, the Staten Island Board of Realtors® (SIBOR) is the largest professional association in Staten Island, N.Y.
SIBOR exists to enhance the ability and opportunity of its members to conduct their business successfully and ethically, and promote the preservation of the public’s right to own, transfer and use real property.
Comprised of over 2,000 members, SIBOR serves real estate agents, brokers and affiliated professionals throughout the borough and surrounding areas.
SIBOR is the provider of the Staten Island Multiple Listing Service Inc. (SIMLS), which works as a clearinghouse through which more than 250 local real estate firms exchange information on properties they have listed for sale or rent. Together, its members participate in approximately 5,000 real estate transactions every year.
SIMLS is the premier source for real estate listings and market information on Staten Island, providing real estate professionals and the community with a comprehensive platform for property listings, market data, and professional development opportunities.
All SIBOR Realtors belong to the New York State Association of REALTORS® (NYSAR) and the National Association of REALTORS® (NAR).
SIBOR and the SIMLS may be reached at 718-979-0007 and viewed online at MLSSINY.com. SIBOR may also be visited on Facebook at Staten Island Board of Realtors, ‘X’ (formerly known as Twitter) via @SIBOR, LinkedIn (Staten Island Board of Realtors) and Instagram at SIBOR REALTORS (siborrealtors).
