Manhattan Residential Contracts from July 14 - 20, 2025

Over the fourth week of July 2025, Manhattan apartment and townhouse contract signings rose to above 200 deals, totaling just under $400 million in potential sales if all units close at their asking prices. a deep 17% decline week-over-week. Fewer high-end deals also caused the median asking price to fall 8% to $1.145 million, while the average time on market fell slightly to 112 days.