Manhattan contract activity edged lower last week, even as total dollar volume increased. 197 apartment and townhouse contracts were reported, down 4% from 206 the prior week and unchanged from the same week in 2025. Aggregate dollar volume, based on last asking prices, rose to $470.3 million, up 15% week over week but 3% below the $486 million recorded during the same week last year.
The median asking price of signed contracts was $1.395 million, up 15% from the prior week and unchanged year over year. Properties entering contract spent an average of 94 days on the market, the lowest in 15 weeks and down from 102 days during the same week in 2025.