03/06/2026
π· Spring is almost here β and so is the spring real estate market!
Mortgage rates have recently dropped to around the **6% range**, helping many buyers regain purchasing power and jump back into the market.
π Hereβs what weβre seeing in the Bronx right now:
π‘ Strong demand for single and multi-family homes
π Slightly improved interest rate
Recent homes in the area have been selling approximately:
β’ Single family homes: $600K β $760K
β’ 2β3 family homes: $775K β $940K
As we head into spring, more buyers are beginning their home search, which could mean **more competition for available homes.**
If you're thinking about **buying or selling this year**, now is a great time to start planning.
π© Message me if you'd like a quick home value estimate or to discuss the current Bronx market.
Cheryl Ryan
Licensed Real Estate Salesperson
Keller Williams Realty NYC Group
Call now to connect with business.