Newly reduced listings that received price drops between September 8 - 14, 2026

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The week of September 8-14, 2026 had 271 active listing price cuts, up sharply from 125 in the prior week. The median asking price after cuts was about $1.1M, the median cut was roughly $76K, and the median percentage reduction was about 6.3%. The week’s cuts were most concentrated on the Upper East Side and Midtown West.

The building-type split was even with 124 condo cuts and 124 co-op cuts, plus 15 townhouse cuts and 8 condop cuts. By unit type, one-bedrooms saw the most discounts with 99 reductions, followed by two-bedrooms with 79 and Studios with 31. The deepest dollar discounts were led by a $10.15M cut at 248 West 71st Street, followed by a major $5M reduction at 15 Central Park West.