NYC suburbs seller's market strength dominates Redfin’s latest ranking

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For mortgage pros working the New York metro, Redfin’s report points to tighter buyer competition in Long Island and New Jersey suburbs.

Redfin News reported on September 4, 2026, that the NYC suburbs seller's market is among the strongest in the country, with Long Island, Northern New Jersey and Central New Jersey accounting for three of the nation’s six strongest seller’s markets identified in its report.

Long Island led the list with 36.2% fewer sellers than buyers, followed by Northern New Jersey at 20.7%. Central New Jersey ranked as the fifth-strongest seller’s market at 12.9% fewer sellers than buyers, a signal that mortgage teams serving the New York metro should expect buyers to face limited choice and sharper offer pressure.

Key takeaways

• Redfin reported that three of the nation’s six strongest seller’s markets are New York City suburbs.
• Long Island ranked as the strongest seller’s market cited, with 36.2% fewer sellers than buyers.
• Northern New Jersey followed with 20.7% fewer sellers than buyers, while Central New Jersey ranked fifth at 12.9%.
• The report matters for loan officers because buyer expectations, preapproval quality and speed can make or break offers in constrained markets.

Sources

• Redfin News — These NYC Suburbs Are The Nation’s Strongest Seller’s Markets

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