June’s condo sales briefing tracks a broad Manhattan market where demand is now strong across all four submarkets, even as rising inventory pushes the city into buyer’s territory. In the luxury tier, sales continue to outperform and inventory stays tight — but a curious price decline in the Upper East Side breaks the pattern the rest of the segment is showing.
Condo sales are running about average this year, but rising inventory has pushed the broad market into buyer’s territory. Luxury tells a different story — demand stays strong and prices, while off their early-year peak, remain firm.
Downtown condo prices are at the same level they were in 2017. A structural analysis of why the plateau has persisted for nearly a decade — and what it would take for prices to move.
Condo sales posted a strong April, but the year-to-date pace still trails normal, and the broad market has tipped into buyer’s-market territory. At the luxury tier, it’s the opposite — demand keeps outrunning supply, and prices are already back above 2017 levels.
The Manhattan condominium market in March 2026 is two markets moving in opposite directions. Below $5 million, inventory is balanced and prices have stabilized; above $5 million, inventory is at historic lows and prices are rising sharply.
Learn what a condo offering plan is, why it’s legally required, and how it safeguards you when investing in New York City real estate.
Manhattan condo sales surged in October 2025, but high inventory keeps it a buyer’s market. Luxury condos outperform with strong demand.
Explore five new Downtown Manhattan luxury condos redefining urban living in 2025. Discover bold design, iconic locations, and modern elegance.
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At 1,396 feet, 432 Park Avenue was designed to define a skyline. A decade later, its value is shaped less by height than by trust.
Business lunch returns with style at Peacock Alley, Waldorf Astoria where elegance, privacy, and conversation meet in perfect rhythm.
Luxury has crossed Lexington Avenue. Discover how Manhattan’s new class of buyers is redefining prestige east of this historic boundary.
