declined from spring levels. These figures suggest a market
that continues to clear efficiently for well-positioned
listing
UpperEastSide
Upper East Side
Lenox Hill
Carnegie Hill
Yorkville
The Upper East Side had one of the strongest showings in Q3, with pricing strength across all product types. Condo and townhouse median prices rose, with the condo price per
square foot up 3.4% annually and the median townhouse price up 29%, reflecting renewed demand at the higher end. Co-ops were steadier, holding their ground despite a negligible annual decrease in median price.
Faster selling times and tigh
170 EAST END AVENUE, 8EF
UpperWestSide
Lincoln Square
UpPer West Side
Manhattan Valley
The Upper West Side posted solid gains in Q3, with condo price per square foot values
remaining steady compared to last year, supported by healthy demand. Co-op prices
increased 9% annually, highlighting sustained buyer interest in that more conservative segment. Townhouses stood out with a significant rise in median price, likely due to the small number of sales. Overall, sellers
maintained strong leverage with discounts narrowing further.
Midtown
Midtown
hells kitchen
chelsea
hudson yards
Kips Bay
Turtle Bay
GRAMERCY FLATIRON
NOMAD
Stuytown
Sutton Place
Murray Hill
Midtown remains one of Manhattan ’ s trickier submarkets Condo values slipped again, signaling that buyers remain selective and cautious in this corridor. Co-ops, by contrast, held steady, a nod to the fact that
their relative affordability continues to find an audience. Townhouse median prices were
skewed upward due to a few big-ticket sales,
but this strength is not broadly distributed, as
the declining price per square foot illustrates. Overall, Midtown feels balanced but
tentative, with pricing pressure persisting where homes lack standout appeal
305 EAST 40TH STREET, 19F
EAST VILLAGE
West VILLAGE
NOHO/SOHO
TRIBECA
LOWER EAST SIDE
NOLITA/Little Italy
Chinatown
FiDi/Civic Center
Battery Park
Two Bridges Seaport
Hudson Square
Downtown showed mixed signals in Q3. Condo prices eased, but price per square foot
held steady, reflecting a willingness to pay for quality locations. Co-ops slipped slightly in price but still sold quickly with limited discounting, hinting at stable demand. Overall, Downtown remains active, but the balance of lev
become mo
selective heading into the typically busier fall season.
FeaturedListing
45 EAST 30TH STREET, PHB
RESALE
TOWNHOUSES
OVERVIEW
CLOSED SALES
2,577
-11.4%Year-to-Year
-8.7%Quarter-to-Quarter
47 DAYS ON MARKET
-6%Year-to-Year
-11.3%Quarter-to-Quarter
2.26% DISCOUNT
-.48%Year-to-Year -.39%Quarter-to-Quarter
3,639 INVENTORY
+.9%Year-to-Year
+.2%Quarter-to-Quarter
$1,100,000 MEDIAN PRICE
+11.1%Year-to-Year
+10.2%Quarter-to-Quarter
MEDIAN $/SF
$857
+14.3%Year-to-Year
+13.6%Quarter-to-Quarter
BrownstoneBrooklyn
Brooklyn Heights
Cobble Hill
Carroll Gardens
Boerum Hill
Brownstone Brooklyn finished the quarter on stable footing. Condo values rose slightly based on price per square foot, reinforcing a sense of underlying stability even as overall pace indicators slowed down. Median prices for coops increased significantly as demand grew in that segment, possibly driven by a drop in mortgage rates. Townhouses also gained
ground, registering both quarterly and yearly appreciation. Although the pace of sales slowed seasonally and absorption decreased, competition remained brisk.
NorthwestBrooklyn
DUMBO
GOWANUS
RED HOOK
Northwest Brooklyn experienced a mixed
quarter, with resale condo price per square foot
decreasing, but with values remaining close to
last year ’ s levels. Co-ops moved in the opposite
direction, with median prices dipping from the
previous quarter but still posting modest
annual gains. Townhouses, while still
commanding high prices, saw median values
decline from Q2’ s elevated levels. Faster selling
times across the board indicate activ
yet more selective buyers, keeping the market competitive
but uneven.
NorthBrooklyn
Williamsburg
greenpoint bushwick
North Brooklyn ended Q3 with a mixed
performance. Condo prices remained stable,
with a slight increase in price per square foot,
while co-ops experienced softness, with
decreases in both prices and volume, though
quick sales suggest buyers remain
opportunistic. Townhouses experienced a
notable increase from the last quarter, likely
driven by limited inventory that fostered
inc
ed
remained selective but strong, albeit within a
more challenging listing environment.
Central/SouthBrooklyn
BedStuy
Crown Heights
Prospect Park South Windsor Terrace
Kensington
Ditmas Park
Dyker Heights
Central and Southern Brooklyn delivered a
steady quarter, with subtle but pos
tive pricing signals across all property types. Condo price per square foot climbed nearly 5%, marking one of the stronger gains borough-wide. Co-ops continued to offer a value entry point, with median prices rising impressively year-over-year despite an uptick in days on market Townhouses also advanced modestly both quarterly and annually. Sellers were able to keep most of their asking prices, underscoring buyer appetite for well-priced homes in this sector of the borough.
