Manhattan Residential Contracts from Sept 29 - Oct 28, 2025

Over the first week of October 2025, the number of Manhattan apartment and townhouse contract signings spiked 25%, totaling nearly $550 million in potential sales if all units close at their asking prices. This marked a 39% increase in total dollar volume week-over-week. The median last asking price slipped 2% to $1.385 million, while the average time on market remained stable at 112 days.