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

In the fourth quarter of 2025, the average Manhattan apartment sale price rose 2 percent year over year. Average condominium prices increased 7 percent compared with Q4 2024, while co-op averages declined 1 percent annually, a trend driven in part by a surge in luxury new development condo sales over the final months of the year.

So far in 2026, only a few dozen sales have been recorded, with nearly twice as many co-op transactions as condominium deals. This skew has pulled down the overall apartment average, making early 2026 figures appear softer.