As of June 2026Heather Domi · Douglas Elliman Updates monthly for the prior month
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Domi Data™ Luxury LinesManhattan-wide · as of June 2026
Luxury signed contracts at $4.98M and above. Each neighborhood is measured against Manhattan Luxury signed contracts on a rolling 12-month basis.
Luxury
Top 10%
$4.98M+
Prime
Top 5%
$7.11M+
Trophy
Top 1%
$18.24M+
Tier cutoffs update weekly as new contracts enter the trailing 12-month window.
6*
Luxury Contracts Signed · This Month
63-mo avg / mo
flat vs 3mo
612-mo avg / mo
flat vs 12mo
In line with its 3-month and 12-month pace. A steady month for Midtown luxury. The underlying pace is roughly flat versus a year ago.
$71.9M*
Luxury Dollar Volume · This Month
$66M3-mo avg / mo
▲ 9% vs 3mo
$78M12-mo avg / mo
▼ 8% vs 12mo
Easing below its recent pace. The 3-month trend is the steadier read here.. The underlying pace is roughly flat versus a year ago.
4 ▲ 33% MoM
Cleared Prime (top 5%) $7.11M+
1
Cleared Trophy (top 1%) $18.24M+
$4,055 ▲ 4% MoM
Median price per sq ft
221*▲ 133% MoM
Avg DOM luxury tier
Days on market widened well past its 12-month average this month, even as the discount off ask narrowed for both condos and co-ops.
* Provisional - there can be some recording lag, so the current month may revise upward.
This month's headliners · June 2026
Top Midtown Deals This Month
Midtown's highest signed-contract prices this month.
Address
SF
$ / SF
DOM
Type
Price
432 Park Avenue, Unit 94
3,952 sf
$6,516/sf
169d
Condo
$25,750,000
126 East 57th Street, Unit PH2A
2,607 sf
$5,178/sf
1d
Condo
$13,500,000
520 5th Avenue, Unit PH78
2,619 sf
$4,296/sf
192d
Condo
$11,250,000
Trailing 12 months · demand · June 2026
Midtown Luxury Contract Activity
Monthly signed contracts at or above the Manhattan Luxury threshold ($4.98M, trailing 12 months as of June 2026). This is a borough-wide cutoff applied equally to every neighborhood. The line tracks the 3-month rolling average.
Market structure · June 2026
The Luxury Lines
Three tiers defined by the trailing 12 months of Manhattan-wide signed contracts. These entry prices are Manhattan thresholds, not Midtown's own line. Thresholds update weekly as new data enters the window.
Luxury
$4.98M
Manhattan · top 10%
▼ 2% YoY▲ 2% MoM
Avg price / sq ft
$2,898
▼ 2% YoYflat MoM
Volume · 12 months
$11.06B
flat YoY▼ 2% MoM
Cleared · 12 months
68
▼ 3% YoY▼ 1% MoM
Prime
$7.11M
Manhattan · top 5%
▼ 6% YoYflat MoM
Avg price / sq ft
$3,484
▼ 2% YoYflat MoM
Volume · 12 months
$8.02B
▲ 3% YoY▲ 1% MoM
Cleared · 12 months
40
▼ 7% YoY▼ 5% MoM
Trophy
$18.24M
Manhattan · top 1%
▼ 4% YoYflat MoM
Avg price / sq ft
$5,366
▼ 3% YoYflat MoM
Volume · 12 months
$3.24B
▲ 3% YoY▲ 4% MoM
Cleared · 12 months
20
▲ 33% YoYflat MoM
Luxury ($4.98M+)
Prime ($7.11M+)
Trophy ($18.24M+)
Quarterly signed contracts clearing each Manhattan threshold · Midtown · Q2 2022–Q3 2026 · Q3 2026* = partial quarter through July
Midtown · month over month · June 2026
Midtown Market Pulse
STEADY
36*
Signed Contracts · Midtown
▼ 12% YoY YoY▼ 14% MoM MoM
vs 12-month avg · 33 contracts/month
$127.0M*
Total Dollar Volume · Midtown
▼ 5% YoY YoY▲ 7% MoM MoM
vs 12-month avg · ~$123M/month
Condos
Signed contracts*
25
▼ 13% YoY▼ 4% MoM
Recorded sales
38
▲ 12% YoY▲ 27% MoM
Avg price / sq ft
$2,283
▲ 8% MoM
Discount from ask
−5.5%
▲ 2pp MoM
Avg DOM · all sales
218
▲ 126d MoM
Co-ops
Signed contracts*
11
▼ 11% YoY▼ 31% MoM
Recorded sales
15
▼ 15% YoY▲ 50% MoM
Avg price / sq ft
$975
▲ 8% MoM
Discount from ask
−9.4%
▼ 1pp MoM
Avg DOM · all sales
150
▼ 3d MoM
Townhousesno activity
Signed contracts
No qualifying contracts
Recorded sales
No qualifying contracts
Avg price / sq ft
—
Discount from ask
—
Avg DOM · all sales
—
Unit breakdown · June 2026
Contracts and Volume by Unit Size
Where activity concentrates in Midtown's contract market by bedroom count. Includes all price tiers.
Dollar volume
Contracts signed
Neighborhood rank · trailing 12 months · June 2026
Midtown's Manhattan Position
Where Midtown ranks among Manhattan neighborhoods by luxury dollar volume, and how its price profile compares to the Manhattan benchmark.
#3
Manhattan Rank · Luxury Dollar Volume
UpImproved from #4 a year ago
17%
68 of the 406 trailing contracts in Midtown cleared the Manhattan Luxury (Top 10%) threshold
trailing 12 months, as of Jul 18, 2026
$7.12M
Midtown Local Luxury Line · Median
▲ +43%above the Manhattan threshold of $4.98M (trailing 12 months, as of Jul 18, 2026)
What this means for you
Midtown ranks 3rd in Manhattan for luxury intensity, just behind Upper West Side at 10%. Its local luxury line is $7.12M, 43% above the borough threshold of $4.98M. That gap has widened to 43% above the borough threshold, from 39% a year ago. Midtown's own median held flat over the past year while Manhattan's threshold fell 3.1%, so Midtown pulled further ahead of the borough.
Sellers: Measure your price against Midtown's own tier, not the Manhattan floor.
Buyers: The entry point here sits well above Manhattan's luxury line, so judge value on Midtown comps.
Midtown supply · active listings · June 2026
Supply and Absorption
How much inventory exists in Midtown, how fast it's moving, and what that means for buyers and sellers right now.
Luxury market · Manhattan $4.98M+
Active listings
120
▲ 10% YoY▲ 5% MoM
Months of supply
21.8mo
▲ 17% YoY▲ 5% MoM
9+ Months = Luxury Buyer's Market
Monthly absorption
4.6%
▼ 14% YoY▼ 4% MoM
12-Month Average Contract Pace vs. Active Supply
All Midtown residential
Active listings
477
▲ 31% YoY▲ 5% MoM
Months of supply
14.3mo
▲ 5% MoM
6+ Months = Buyer's Market
Monthly absorption
7%
▼ 4% MoM
12-Month Average Contract Pace vs. Active Supply
What this means for you
At ~22 months of luxury supply, Midtown is a deep buyer's market and sits looser than the borough. Supply is well ahead of demand; buyers set the pace.
Sellers: Price to current market activity.
Buyers: There is room to negotiate on price and terms, and look closely within the submarket. Building-by-building comps carry the clearest signal.
Midtown luxury contracts are taking about 221 days from listing to signing, moving somewhat faster than the past year. Well-priced residences still move; the overpriced ones wait.
Sellers: Time on market is the market answering your price.
Buyers: A longer-sitting listing is where your negotiating room lives.
The confirmation layer
Explore the Data
Recorded sales, price history, and unit-size breakdowns. The lagging view that confirms the contract signals above.
Weekly Signed Contracts
■ Condo ■ Co-op ■ Townhouse
Weekly Sales · Price
■ Condo ■ Co-op ■ Townhouse
Weekly Sales · Discount
■ Condo ■ Co-op ■ Townhouse
Weekly Sales · Volume
■ Condo ■ Co-op ■ Townhouse
These modules confirm the contract-based figures above using recorded closings, a lagging but verified read on the same market. Gaps in a series indicate weeks with no qualifying signed contracts for that property type.
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