Manhattan Residential Contracts from July 28 - August 3, 2025

Over the last week of July 2025, Manhattan apartment and townhouse contract signings fell back under 200 deals, totaling just over $300 million in potential sales if all units close at their asking prices. a deep 20% decline week-over-week and one of the slowest weeks of the year (vacation season). The median asking price rose 5% to $1.197 million, while the average time on market ticked up slightly.