Core NYC Weekly Residential Contract-Signings: June 8 - 14, 2026

This past week’s contract market in core NYC neighborhoods edged higher again, with 378 signed residential contracts totaling approximately $807 million in asking volume. That was up from 365 contracts and $762 million the prior week (4% and 6% respectively), marking a continued rebound since Memorial Day.

The median asking price was approximately $1.29 million, essentially in line with the prior week’s $1.3 million, while the average asking price rose slightly to about $2.14 million, from roughly $2.09 million. The high end remained very active, with 47 contracts above $3.9 million, up from 44 the prior week, including eight deals above $10 million. The week was led by a $26.6 million penthouse at One High Line in Chelsea, followed by major co-op contracts at 730 Park Avenue and 990 Fifth Avenue, and a $18.425 million condo at the Flatiron Building.

By property type, co-ops narrowly led by deal count, with 185 contracts, followed by 168 condo contracts, 14 condops, and 11 townhouses. Condos still drove the largest share of dollar volume, accounting for approximately 54% of total asking volume, while co-ops represented about 38%.

Inventory also moved slightly faster. Signed homes spent an average of 89 days on the market, down from 95 days the prior week, while the median was essentially unchanged at 56 days, compared with 55 days the week before. Activity was strongest by deal count in Chelsea, Lenox Hill, Riverside Drive/West End Avenue, Gramercy Park, and Yorkville.