New York Market Reports

What actually sold, in the markets I work in, from the public record.

These reports cover two markets, separately, because they are two markets. Manhattan at $5 million and above, and ten brownstone Brooklyn neighborhoods at $3 million and above. Every figure comes from the City of New York's record of recorded residential sales, and every report says plainly which period it covers and what it cannot tell you. Where sponsor and new development sales would distort a figure, they are excluded and the exclusion is stated rather than buried.

Manhattan

Q3 2026 · Manhattan

Manhattan Luxury Market Report, Q3 2026

185 recorded sales at $5 million and above in July and August, at a median of $7.00 million. Volume steady, below last summer and well above the 2024 low. Submarket detail for the Upper East Side, the Upper West Side, the Villages, Tribeca and SoHo, and Chelsea, Flatiron and Hudson Yards, with a six-year comparison.

Published October 2026 · Covers July 1 to August 31, 2026 Read the full report

Brooklyn

Q3 2026 · Brooklyn

Brooklyn Luxury Market Report, Q3 2026

82 recorded sales at $3 million and above across ten brownstone neighborhoods in July and August, at a median of $4.38 million. Both figures are six-year highs. Townhouses were 51 of the 82 sales, and Park Slope alone accounted for 31.

Published October 2026 · Covers July 1 to August 31, 2026 Read the full report

How these reports are built

The source is the City of New York Department of Finance record of residential sales, which is the public record of what changed hands and at what price. Co-ops, condominiums and one to three family houses are counted; commercial and mixed-use classes are not. Where several apartments are recorded on the same day at the same price, which is how bulk and sponsor closings appear, they are collapsed into one transaction rather than counted separately.

Comparisons to earlier years always use the same months, never a part-quarter against a full one. When a period is incomplete, the report says so and treats its own numbers as a floor.

New development is handled separately and carefully. Sponsors typically hold closing information for three or four months, and the concessions that determine what a buyer actually paid never appear in the recorded price. That makes sponsor figures both late and overstated, so they do not drive the commentary in these reports.

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