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

In the first quarter of 2026, the average Manhattan apartment sale price rose 2 percent year over year. The average condo price increased 5 percent compared with Q1 2025, while the co-op average declined 3 percent annually.

The overall increase was driven by a larger-than-usual share of ultra-luxury condo closings, which pushed the overall average higher.