Manhattan closed sales · Through July 2026
Prices reached new highs. Liquidity moved the other way.
Manhattan’s average sale price reached $2.24 million and its median reached $1.30 million. At the same time, absorption slowed and available supply expanded—evidence of a more selective market beneath the headline price gains.
Average sale price
$2.24M
Up 5.7% from 2025
Median sale price
$1.30M
Up 8.4% from 2025
Months of supply
5.33
Up from 3.34 in 2025
Average days on market
106
Down from 110 in 2025
Average listing discount
4.7%
Below original asking price
Price, supply and days-on-market figures: through July 2026. Listing discount: latest figure supplied by ELIKA, rounded for display.
Long-term price record
Manhattan average and median sale prices.
Both measures reached their highest level in the 2003–2026 series. The widening gap also shows why the median remains the cleaner measure of the typical transaction in a luxury-weighted market.
Search NYC propertiesAverage and median closed-sale price
Manhattan · Annual observations · Nominal dollars
2026 reflects closed sales recorded through July and is not a complete-year transaction-volume observation.
01 · Pricing
Value continued to rise.
Average price increased 5.7% from 2025 to $2,238,355, while median price advanced 8.4% to $1,296,262. Average price per square foot also reached a series high of $1,610, up 1.6%.
02 · Liquidity
The market became more selective.
Absorption fell to 18.75% from 29.96%, while months of supply rose to 5.33 from 3.34. Yet average days on market improved to 106 and the average discount from original ask narrowed to 4.81%.
Source: ELIKA analysis of Manhattan closed-sale data · 2003–July 2026 · 2026 is year-to-date
Manhattan condo sales
Transaction volume recovered in 2025.
Closed condo sales rose 13.1% to 5,700 in 2025 after two subdued years. The 2026 bar is year-to-date and should not be compared with completed calendar years.
Explore NYC condosAnnual Manhattan condo sales
Closed transactions · 2003–2026 YTD
Crimson bars are complete calendar years. The sage 2026 bar is year-to-date and is intentionally separated from full-year comparisons.
2025 volume
5,700
Up 13.1% from 5,038 closings in 2024.
2026 YTD average price
$3.07M
The highest average price in the 2003–2026 series.
2026 YTD median price
$1.81M
Up 5.8% from the completed 2025 median.
View annual condo-sales data
| Year | Sales | Average price | Median price |
|---|---|---|---|
| 2003 | 6,058 | $751,573 | $490,085 |
| 2004 | 6,735 | $1,061,734 | $691,143 |
| 2005 | 6,706 | $1,307,838 | $820,347 |
| 2006 | 8,046 | $1,236,421 | $859,168 |
| 2007 | 9,663 | $1,543,642 | $1,027,128 |
| 2008 | 9,211 | $1,735,632 | $1,117,693 |
| 2009 | 5,175 | $1,676,701 | $1,030,819 |
| 2010 | 6,107 | $1,665,496 | $1,042,393 |
| 2011 | 5,652 | $1,665,377 | $1,044,583 |
| 2012 | 6,212 | $1,897,504 | $1,087,750 |
| 2013 | 6,677 | $1,872,842 | $1,202,485 |
| 2014 | 6,226 | $2,277,422 | $1,332,803 |
| 2015 | 6,491 | $2,443,752 | $1,472,861 |
| 2016 | 6,352 | $2,882,067 | $1,636,729 |
| 2017 | 6,233 | $2,845,592 | $1,686,977 |
| 2018 | 5,164 | $2,783,433 | $1,564,313 |
| 2019 | 5,475 | $2,923,757 | $1,620,567 |
| 2020 | 3,753 | $2,684,852 | $1,617,040 |
| 2021 | 7,883 | $2,647,833 | $1,645,741 |
| 2022 | 7,124 | $2,827,566 | $1,713,784 |
| 2023 | 5,079 | $2,921,455 | $1,658,531 |
| 2024 | 5,038 | $2,826,172 | $1,669,038 |
| 2025 | 5,700 | $2,913,121 | $1,710,423 |
| 2026 YTD | 3,323 | $3,072,975 | $1,810,000 |
Source: ELIKA analysis of Manhattan condo closed-sale data · 2003–2026 YTD
Manhattan co-op sales
Co-op volume firmed while prices advanced.
Closed co-op sales increased 4.8% to 6,678 in 2025. Through 2026 year-to-date, both average and median prices stand at their highest level in the available series.
Explore NYC co-opsAnnual Manhattan co-op sales
Closed transactions · Complete records from 2004–2026 YTD
The isolated 2003 row contains only 39 recorded sales and is treated as incomplete; it remains in the source table but is excluded from the trend chart. The sage 2026 bar is year-to-date.
2025 volume
6,678
Up 4.8% from 6,370 closings in 2024.
2026 YTD average price
$1.51M
Up 5.2% from the completed 2025 average.
2026 YTD median price
$915K
Up 6.8% from the completed 2025 median.
View annual co-op sales data
| Year | Sales | Average price | Median price |
|---|---|---|---|
| 2003 * | 39 | $704,319 | $425,550 |
| 2004 | 7,725 | $706,345 | $450,101 |
| 2005 | 10,057 | $842,756 | $545,429 |
| 2006 | 9,256 | $942,842 | $580,721 |
| 2007 | 9,641 | $1,002,990 | $621,820 |
| 2008 | 6,745 | $1,168,330 | $655,053 |
| 2009 | 5,367 | $928,848 | $593,964 |
| 2010 | 7,170 | $1,042,485 | $631,849 |
| 2011 | 6,677 | $1,071,814 | $633,577 |
| 2012 | 7,813 | $1,129,895 | $633,985 |
| 2013 | 9,094 | $1,050,506 | $639,805 |
| 2014 | 8,585 | $1,164,916 | $673,017 |
| 2015 | 8,415 | $1,248,714 | $712,050 |
| 2016 | 7,390 | $1,199,980 | $746,129 |
| 2017 | 7,354 | $1,268,541 | $786,870 |
| 2018 | 6,732 | $1,313,800 | $802,231 |
| 2019 | 6,405 | $1,265,285 | $803,457 |
| 2020 | 3,150 | $1,191,578 | $785,000 |
| 2021 | 8,951 | $1,258,720 | $801,423 |
| 2022 | 8,630 | $1,332,816 | $829,252 |
| 2023 | 6,396 | $1,333,873 | $833,729 |
| 2024 | 6,370 | $1,330,274 | $827,617 |
| 2025 | 6,678 | $1,438,899 | $856,391 |
| 2026 YTD | 3,827 | $1,513,652 | $915,000 |
Source: ELIKA analysis of Manhattan co-op closed-sale data · 2003–2026 YTD · 2003 record is incomplete
Manhattan townhouse sales
Prices held firm as the market became more selective.
Through July 2026, the supplied Manhattan dataset records 184 townhouse closings. Average price reached $7.76 million and the median reached $5.45 million, while months of supply rose to 10.84.
Explore Manhattan townhousesAnnual Manhattan townhouse closed sales
Closed transactions · 2003–July 2026
Crimson bars are complete calendar years. The sage 2026 bar covers closings reported through July and should not be compared directly with a complete year.
2026 YTD average price
$7.76M
Up 13.3% from the completed 2025 average.
2026 YTD median price
$5.45M
Up 6.9% from the completed 2025 median.
2026 YTD average DOM
147
Down 17.4% from 178 days in 2025.
01 · Market pace
Marketing time improved, but absorption weakened.
Average days on market fell to 147, yet absorption measured 9.22% and months of supply rose to 10.84. The combination points to a more selective market even though well-positioned homes moved faster.
02 · Value and negotiation
Pricing remained elevated while concessions stayed meaningful.
Average price per square foot was $1,441 and the median was $1,238. The average discount from original ask was 12.00%, while the median discount from last ask narrowed to 6.86% from 7.24% in 2025.
View complete annual Manhattan townhouse data
| Year | Sales | Average price | Median price | Avg. $/sq. ft. | Median $/sq. ft. | Avg. DOM | Avg. discount from original ask | Median discount from original ask | Avg. discount from last ask | Median discount from last ask | Absorption rate | Months of supply |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2003 | 398 | $1,739,649 | $787,000 | $643 | $280 | 192 | 11.16% | 13.75% | 6.85% | 9.52% | 16.75% | 5.97 |
| 2004 | 504 | $2,417,983 | $1,300,000 | $648 | $460 | 143 | 7.37% | 10.51% | 3.47% | 6.18% | 18.67% | 5.36 |
| 2005 | 426 | $2,733,678 | $1,600,000 | $691 | $476 | 166 | 8.22% | 10.37% | 4.98% | 7.31% | 10.20% | 9.80 |
| 2006 | 379 | $3,667,589 | $1,900,000 | $801 | $531 | 171 | 8.69% | 11.67% | 3.43% | 7.18% | 7.45% | 13.42 |
| 2007 | 394 | $4,542,595 | $3,159,750 | $1,025 | $824 | 186 | 6.70% | 11.08% | 3.71% | 6.43% | 7.30% | 13.71 |
| 2008 | 255 | $5,374,902 | $3,300,000 | $1,180 | $1,054 | 181 | 8.43% | 14.47% | 5.43% | 7.96% | 3.77% | 26.54 |
| 2009 | 172 | $4,022,450 | $2,537,500 | $973 | $779 | 204 | 24.27% | 29.48% | 9.60% | 13.11% | 2.05% | 48.84 |
| 2010 | 257 | $4,461,402 | $3,130,000 | $1,035 | $938 | 203 | 19.25% | 20.83% | 4.72% | 10.41% | 2.89% | 34.65 |
| 2011 | 257 | $4,488,227 | $3,362,500 | $1,012 | $891 | 200 | 17.28% | 19.93% | 4.53% | 8.77% | 2.69% | 37.12 |
| 2012 | 355 | $4,770,212 | $3,287,500 | $1,159 | $927 | 196 | 13.36% | 14.44% | 2.71% | 6.13% | 5.20% | 19.23 |
| 2013 | 343 | $4,612,371 | $3,450,000 | $1,145 | $865 | 168 | 9.41% | 14.20% | 1.46% | 6.73% | 6.12% | 16.34 |
| 2014 | 350 | $5,500,775 | $3,552,500 | $1,342 | $972 | 138 | 7.67% | 11.33% | 2.67% | 7.47% | 7.15% | 13.99 |
| 2015 | 321 | $6,462,706 | $4,750,000 | $1,482 | $1,277 | 155 | 7.13% | 10.75% | 2.36% | 5.88% | 8.41% | 11.89 |
| 2016 | 306 | $5,951,299 | $3,987,500 | $1,391 | $1,093 | 156 | 10.46% | 11.26% | 3.37% | 7.71% | 8.28% | 12.08 |
| 2017 | 286 | $6,250,114 | $4,350,000 | $1,477 | $1,229 | 185 | 12.09% | 11.25% | 5.59% | 7.36% | 9.65% | 10.36 |
| 2018 | 292 | $6,933,931 | $4,950,000 | $1,454 | $1,191 | 187 | 12.74% | 11.76% | 4.87% | 7.13% | 14.15% | 7.07 |
| 2019 | 260 | $6,779,620 | $4,750,000 | $1,414 | $1,316 | 181 | 13.64% | 12.88% | 7.34% | 8.30% | 11.46% | 8.72 |
| 2020 | 200 | $6,598,146 | $5,125,000 | $1,419 | $1,276 | 230 | 16.13% | 15.21% | 7.81% | 8.62% | 6.27% | 15.96 |
| 2021 | 361 | $6,837,745 | $4,800,000 | $1,520 | $1,317 | 174 | 10.88% | 10.87% | 6.13% | 6.99% | 20.89% | 4.79 |
| 2022 | 302 | $7,527,486 | $5,450,000 | $1,620 | $1,402 | 148 | 9.06% | 9.09% | 4.86% | 7.36% | 19.97% | 5.01 |
| 2023 | 209 | $8,222,048 | $5,850,000 | $1,610 | $1,320 | 148 | 12.84% | 13.87% | 5.88% | 7.69% | 11.53% | 8.67 |
| 2024 | 242 | $7,204,312 | $5,357,500 | $1,511 | $1,343 | 187 | 13.68% | 14.10% | 7.99% | 8.42% | 13.72% | 7.29 |
| 2025 | 308 | $6,847,371 | $5,100,000 | $1,435 | $1,206 | 178 | 11.53% | 11.06% | 7.23% | 7.24% | 14.67% | 6.82 |
| July 2026 | 184 | $7,758,415 | $5,450,000 | $1,441 | $1,238 | 147 | 12.00% | 10.65% | 7.41% | 6.86% | 9.22% | 10.84 |
Source: supplied ELIKA Manhattan townhouse closed-sales dataset · 2003–July 2026 · 2026 is year-to-date
Condo price per square foot
Condo values returned toward their series high.
Through the reported 2026 period, average condo price per square foot reached $1,280 and the median reached $1,155. Both advanced from 2025, while remaining close to their 2020 series highs.
Explore NYC condosAverage and median condo price per square foot
Annual observations · Nominal dollars per square foot · 2003–2026 YTD
The line chart uses a clearly labeled $500–$1,400 vertical scale to make long-run changes legible. The final observation is year-to-date.
2026 YTD average
$1,280
Up 1.8% from $1,257 in 2025.
2026 YTD median
$1,155
Up 1.4% from $1,139 in 2025.
Series context
Near peak
The average was $1,290 and the median $1,167 in 2020.
View annual condo price-per-square-foot data
| Year | Average $/sq. ft. | Median $/sq. ft. |
|---|---|---|
| 2003 | $616 | $611 |
| 2004 | $694 | $672 |
| 2005 | $784 | $747 |
| 2006 | $856 | $837 |
| 2007 | $932 | $872 |
| 2008 | $1,014 | $951 |
| 2009 | $831 | $743 |
| 2010 | $837 | $750 |
| 2011 | $850 | $758 |
| 2012 | $920 | $827 |
| 2013 | $998 | $911 |
| 2014 | $1,118 | $999 |
| 2015 | $1,200 | $1,086 |
| 2016 | $1,255 | $1,118 |
| 2017 | $1,256 | $1,156 |
| 2018 | $1,201 | $1,119 |
| 2019 | $1,273 | $1,150 |
| 2020 | $1,290 | $1,167 |
| 2021 | $1,190 | $1,107 |
| 2022 | $1,244 | $1,146 |
| 2023 | $1,237 | $1,135 |
| 2024 | $1,217 | $1,108 |
| 2025 | $1,257 | $1,139 |
| 2026 YTD | $1,280 | $1,155 |
Source: supplied ELIKA condo price-per-square-foot dataset · 2003–2026 YTD
Manhattan co-op price per square foot
Co-op pricing reached a new average high.
The 2026 year-to-date average reached $1,162 per square foot, up 3.7% from 2025. The median rose 3.5% to $1,019, returning above the $1,000 threshold.
Explore NYC co-opsAverage and median Manhattan co-op price per square foot
Annual observations · Nominal dollars per square foot · Complete records from 2004–2026 YTD
The isolated 2003 row contains only 39 recorded sales and is excluded from this trend chart. The final observation is year-to-date.
2026 YTD average
$1,162
Up 3.7% from $1,121 in 2025.
2026 YTD median
$1,019
Up 3.5% from $985 in 2025.
Series context
New high
The average is the highest complete observation in the supplied series.
View annual co-op price-per-square-foot data
| Year | Average $/sq. ft. | Median $/sq. ft. |
|---|---|---|
| 2004 | $658 | $625 |
| 2005 | $779 | $741 |
| 2006 | $840 | $788 |
| 2007 | $862 | $819 |
| 2008 | $946 | $869 |
| 2009 | $787 | $749 |
| 2010 | $813 | $764 |
| 2011 | $819 | $759 |
| 2012 | $823 | $758 |
| 2013 | $866 | $810 |
| 2014 | $948 | $871 |
| 2015 | $1,097 | $970 |
| 2016 | $1,120 | $1,020 |
| 2017 | $1,121 | $1,035 |
| 2018 | $1,077 | $1,010 |
| 2019 | $1,040 | $969 |
| 2020 | $960 | $938 |
| 2021 | $1,036 | $955 |
| 2022 | $1,105 | $995 |
| 2023 | $1,134 | $993 |
| 2024 | $1,104 | $997 |
| 2025 | $1,121 | $985 |
| 2026 YTD | $1,162 | $1,019 |
Source: supplied ELIKA Manhattan co-op price-per-square-foot dataset · 2004–2026 YTD · incomplete 2003 record excluded
Manhattan condo inventory
Condo supply tightened as asking prices diverged.
Active Manhattan condo inventory declined 6.3% to 6,200 in the reported 2026 period. Average asking price rose 9.6% to a series high of $3.68 million, while the median increased only 0.5%.
Explore Manhattan condosActive Manhattan condo inventory
Annual observations · Active listings · 2003–July 2026
The vertical scale begins at 5,000 active listings to make changes in supply legible. The final observation reflects the reported July 2026 period.
Active inventory
6,200
Down 6.3% from 6,617 in 2025.
Average asking price
$3.68M
Up 9.6% and the highest observation in the supplied series.
Average days on market
126
Down 17.1% from 152 days in 2025.
01 · Supply
Inventory moved back toward recent lows.
The 2026 observation is 46.8% below the 2007 series peak of 11,660 listings and only 3.4% above the recent 2023 low. That points to a materially tighter listing environment than earlier expansion years.
02 · Listing mix
The average was pulled higher than the median.
Average asking price rose 9.6%, versus 0.5% for the median. Average price per square foot increased 2.2% to $1,888 while the median held at $1,623. Average price per room also recovered 3.7% to $671,981, suggesting that higher-end listings influenced the headline average.
View annual Manhattan condo-inventory data
| Year | Active inventory | Average asking price | Median asking price | Average DOM |
|---|---|---|---|---|
| 2003 | 6,020 | $1,344,454 | $844,266 | 163 |
| 2004 | 5,590 | $1,577,912 | $1,060,679 | 116 |
| 2005 | 6,796 | $1,819,928 | $1,106,943 | 134 |
| 2006 | 9,098 | $1,851,154 | $1,209,090 | 169 |
| 2007 | 11,660 | $1,892,612 | $1,261,815 | 157 |
| 2008 | 9,333 | $2,053,342 | $1,328,259 | 187 |
| 2009 | 8,284 | $1,980,173 | $1,256,272 | 198 |
| 2010 | 9,198 | $1,926,070 | $1,233,444 | 175 |
| 2011 | 9,378 | $1,994,017 | $1,256,381 | 176 |
| 2012 | 10,025 | $2,239,995 | $1,329,168 | 153 |
| 2013 | 10,318 | $2,599,971 | $1,507,562 | 110 |
| 2014 | 9,911 | $2,898,260 | $1,644,573 | 110 |
| 2015 | 9,690 | $3,169,550 | $1,747,960 | 125 |
| 2016 | 8,812 | $3,159,322 | $1,761,231 | 139 |
| 2017 | 8,200 | $3,308,273 | $1,884,535 | 151 |
| 2018 | 7,587 | $3,320,063 | $1,911,837 | 162 |
| 2019 | 6,663 | $3,298,404 | $1,904,073 | 162 |
| 2020 | 6,458 | $3,065,500 | $1,823,697 | 176 |
| 2021 | 9,558 | $3,019,203 | $1,843,623 | 136 |
| 2022 | 6,698 | $2,955,688 | $1,748,837 | 130 |
| 2023 | 5,999 | $3,181,214 | $1,806,350 | 151 |
| 2024 | 6,423 | $3,530,153 | $1,832,449 | 148 |
| 2025 | 6,617 | $3,362,248 | $1,829,720 | 152 |
| July 2026 | 6,200 | $3,683,939 | $1,838,767 | 126 |
Source: supplied ELIKA Manhattan condo active-inventory dataset · 2003–July 2026
Manhattan co-op inventory
Co-op availability fell to a series low.
Active Manhattan co-op inventory declined 18.9% to 6,518 in the reported 2026 period. Average asking price rose 2.3% to a marginal series high, while the median declined 1.9% to $873,934.
Explore Manhattan co-opsActive Manhattan co-op inventory
Annual observations · Active listings · 2003–July 2026
The vertical scale begins at 6,000 active listings to make changes in supply legible. The final observation reflects the reported July 2026 period.
Active inventory
6,518
Down 18.9% from 8,037 in 2025.
Average asking price
$1.58M
Up 2.3% and marginally above the previous series high.
Average days on market
109
Down 10.7% from 122 days in 2025.
01 · Supply
The resale pipeline contracted sharply.
The current observation is 53.5% below the 2003 series high and 40.9% below the 2021 rebound peak. It is also the lowest inventory count in the supplied 2003–2026 series.
02 · Pricing
Headline pricing held, but the middle softened.
Average asking price rose 2.3%, while the median declined 1.9%. Average price per square foot fell 0.9% to $1,143 and the median slipped 0.4% to $1,000. Average price per room was effectively flat at $328,874, pointing to stable-to-softer broader pricing.
View annual Manhattan co-op inventory data
| Year | Active inventory | Average asking price | Median asking price | Average DOM |
|---|---|---|---|---|
| 2003 | 14,019 | $853,894 | $496,328 | 186 |
| 2004 | 9,278 | $1,034,018 | $617,068 | 107 |
| 2005 | 9,184 | $1,126,372 | $671,750 | 116 |
| 2006 | 9,199 | $1,190,195 | $684,095 | 135 |
| 2007 | 8,863 | $1,276,556 | $710,411 | 109 |
| 2008 | 7,920 | $1,231,023 | $710,570 | 147 |
| 2009 | 9,142 | $1,184,218 | $681,632 | 166 |
| 2010 | 10,184 | $1,192,885 | $669,603 | 155 |
| 2011 | 10,939 | $1,216,211 | $658,746 | 166 |
| 2012 | 12,218 | $1,241,309 | $664,041 | 146 |
| 2013 | 12,367 | $1,325,176 | $695,215 | 106 |
| 2014 | 11,354 | $1,390,621 | $710,121 | 95 |
| 2015 | 10,463 | $1,412,283 | $764,708 | 87 |
| 2016 | 8,822 | $1,421,757 | $808,816 | 98 |
| 2017 | 8,705 | $1,461,448 | $840,569 | 107 |
| 2018 | 8,315 | $1,532,217 | $863,121 | 130 |
| 2019 | 7,264 | $1,467,003 | $865,252 | 138 |
| 2020 | 7,214 | $1,379,632 | $826,944 | 158 |
| 2021 | 11,030 | $1,405,696 | $835,643 | 124 |
| 2022 | 8,924 | $1,388,117 | $834,314 | 122 |
| 2023 | 8,223 | $1,487,817 | $860,385 | 137 |
| 2024 | 7,872 | $1,575,576 | $862,913 | 129 |
| 2025 | 8,037 | $1,540,425 | $890,469 | 122 |
| July 2026 | 6,518 | $1,576,535 | $873,934 | 109 |
Source: supplied ELIKA Manhattan co-op active-inventory dataset · 2003–July 2026
Condo and co-op market pace
Days on market continued to normalize.
Average marketing time fell to 99 days through the reported 2026 period, down from 104 in 2025 and marking a third consecutive improvement from 110 days in 2023.
Average condo and co-op days on market
Annual closed-sale observations · Calendar days
2026 is a partial-year observation. Days on market can also shift with the mix of properties that close in a given period.
2026 YTD pace
99 days
Down 4.8% from 104 days in 2025.
Recent direction
3 declines
Average DOM improved in 2024, 2025 and the reported 2026 period.
Cycle context
47 days faster
Compared with the 146-day series high recorded in 2009.
01 · Liquidity
Marketing time improved again.
Average days on market declined from 110 in 2023 to 109 in 2024, 104 in 2025 and 99 through the reported 2026 period. That pattern points to progressively faster absorption among completed sales.
02 · Perspective
The market is faster, but not unusually fast.
The current reading is 47 days below the 2009 high, yet remains 22 days above the 77-day trough reached in 2014 and 2015. Buyers still benefit from judging urgency property by property rather than from the headline measure alone.
View annual condo and co-op days-on-market data
| Year | Average DOM | Year | Average DOM |
|---|---|---|---|
| 2003 | 116 | 2015 | 77 |
| 2004 | 86 | 2016 | 84 |
| 2005 | 83 | 2017 | 93 |
| 2006 | 109 | 2018 | 101 |
| 2007 | 112 | 2019 | 119 |
| 2008 | 116 | 2020 | 126 |
| 2009 | 146 | 2021 | 121 |
| 2010 | 132 | 2022 | 92 |
| 2011 | 134 | 2023 | 110 |
| 2012 | 132 | 2024 | 109 |
| 2013 | 95 | 2025 | 104 |
| 2014 | 77 | 2026 YTD | 99 |
Source: supplied ELIKA condo/co-op days-on-market dataset · 2003–2026 YTD
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