Core NYC Weekly Residential Contract-Signings: June 1 - 7, 2026

This past week, New York City's residential contract market rebounded from the Memorial Day weekend of the week before. Across core NYC neighborhoods, there were 365 signed deals totaling approximately $762 million in asking volume. That was up from 308 contracts and roughly $724 million the week before.

The median asking price eased slightly to $1.3 million, from $1.35 million the prior week, while the average asking price was approximately $2.09 million. The high end remained active, with 44 contracts above $3.9 million, including six deals at or above $10 million. led by a $20 million penthouse at the American Tract Society Building in the Financial District, followed by major deals at Madison Square Park Tower, 150 Charles Street, 565 Broome SoHo, and 895 Park Avenue.

By property type, the market was nearly evenly split between co-ops and condos by deal count, with 167 co-op contracts and 166 condo contracts, plus 17 condops and 15 townhouses. Condos nevertheless drove the majority of dollar volume, accounting for approximately 59% of total asking volume, compared with about 29% for co-ops.

Homes spent an average of 95 days on the market, slightly below the prior week’s 97-day average, while the median fell to 55 days from 65 days, suggesting well-positioned inventory continues to find buyers quickly, especially in the lower and middle tiers.