The average closing price of Manhattan condo and co-op units by quarter

In the third quarter of 2025, the average sale price for a Manhattan apartment was up 2% year over year. The average condo price fell 3% compared to the same period in 2024, while the co-op average climbed 10%. It’s too early in the fourth quarter to identify any clear trends though a flurry of ultra-luxury new development sales has pushed the condo average higher in recent weeks.