Manhattan Residential Contracts from July 6-12, 2026

Over the first full week after the Independence Day holiday weekend, 228 apartment and townhouse contracts were reported in Manhattan, up 18% week over week and slightly above the 224 contracts recorded during the same week in 2025. Aggregate dollar volume, based on last asking price, rose to $484.4 million, up 16% from the prior week and 12% year over year.

The median asking price of signed contracts was $1.461 million, up 22% week over week and approximately 28% higher than the same week last year. Average time on market fell to 94 days, down 7% from the prior week and below the 104-day average recorded during the same period in 2025.

Condos led the market by both deal count and dollar volume, with 109 contracts totaling $282.3 million and a median asking price of $1.85 million. Co-ops followed with 101 contracts totaling $149.6 million, at a median asking price of $850,000. Townhouses remained a small but high-priced segment, with only 7 contracts, but a median ask of nearly $6 million and a much longer average time on market of 245 days.