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Domi Data™ · Luxury Lines
Manhattan Luxury: Midtown August 2026
As of August 2026Updates monthly for the prior month
$7.03Mmedian deal, below the $7.10M borough luxury median▼ 1%
Trailing 12 months as of August 2026. Ranks cover neighborhoods with at least 11 luxury contracts over the trailing 52 weeks.
Market structure · August 2026
The Luxury Lines
Three tiers measured by the trailing 12 months of Manhattan-wide signed contracts. These entry prices are Manhattan-wide thresholds, not Midtown's own line — paired here with Midtown's own trailing-12-month contract count, average price per square foot, and dollar volume against each tier. Thresholds update weekly as new data enters the window.
LUXURY (TOP 10%)
$4.89M+Current floor
26
Contracts · Trailing 12 mo. · Midtown
Avg price / sq ft · Midtown
$2,835
Volume · 12 months · Midtown
$153.0M
PRIME (TOP 5%)
$7.37M+Current floor
21
Contracts · Trailing 12 mo. · Midtown
Avg price / sq ft · Midtown
$3,976
Volume · 12 months · Midtown
$221.9M
TROPHY (TOP 1%)
$18.12M+Current floor
20
Contracts · Trailing 12 mo. · Midtown
Avg price / sq ft · Midtown
$6,080
Volume · 12 months · Midtown
$606.0M
Midtown Pace · Trailing 12 Months
6flat vs 12mo
12-mo avg contracts/mo
6 a year ago
$81.7M▲ 15% vs 12mo
12-mo avg volume/mo
$70.90M a year ago
5.3▼ 6% vs 3mo
3-mo avg contracts/mo
This month's 5 vs. the 5.3 pace
$67.1M▼ 22% vs 3mo
3-mo avg volume/mo
vs. $81.7M 12-mo avg
Midtown Luxury Pricing (Top 10%) · August 2026
$3,729flat MoM
Median Price Per Sq Ft, Top 10%
Jul: $3,784
$10.48M▲ 92% MoM
Median Luxury Deal Price, Top 10%
Jul: $5.45M
Both figures cover contracts at or above the Top 10% line, currently $4.89M.
This month's headliners · August 2026
Top Midtown Deals
Midtown's highest signed-contract prices this month.
Address
SF
$/SF
DOM
Type
Price
217 West 57th Street, Unit 68E
3,364
$6,094/SF
3d
condo
$20.50M
20 West 53rd Street, Unit 18A
3,005
$3,161/SF
450d
condo
$9.50M
217 West 57th Street, Unit 68N
1,435
$6,132/SF
426d
condo
$8.80M
Midtown Luxury Momentum · Sep '25–Aug '26
Signed contracts at or above the Manhattan Luxury (Top 10%) line ($4.89M), month by month.
Choose a metric to redraw the chart. Hover a point for the exact reading.
Line chart of Midtown monthly qualifying contracts covering 12 periods from Sep '25 to Aug '26. Manhattan Luxury (Top 10%) falls from 6 in Sep '25 to 5 in Aug '26, down 17 percent, peaking at 9 in Nov '25 and bottoming at 3 in Jan '26.
Midtown monthly qualifying contracts
Month
Contracts
Qualifying deals
Sep '25
6
6
Oct '25
6
6
Nov '25
9
9
Dec '25
7
7
Jan '26
3
3
Feb '26
6
6
Mar '26
3
3
Apr '26
5
5
May '26
6
6
Jun '26
6
6
Jul '26
5
5
Aug '26
5
5
Each point counts only contracts clearing the Manhattan-wide luxury line. Months with no qualifying deals are left blank rather than plotted at zero.
Luxury segment total · August 2026What countsAll contracts at or above the Top 10% line, currently $4.89M. The three columns assign each contract once: Luxury is Top 10% to 5%, Prime is Top 5% to 1%, and Trophy is Top 1%.
5
Contracts
flat MoM
$52.40M
Dollar volume
▼ 45% MoM
Luxury · Top 10% to 5%
$4.89M▼ 4% YoY
Contracts
1
Volume
$5.25M
Blended $ / sq ft
$1,792
Avg days on market
36 days
Prime · Top 5% to 1%
$7.37M▼ 7% YoY
Contracts
3
Volume
$26.65M
Blended $ / sq ft
$3,586
Avg days on market
319 days
Trophy · Top 1%
$18.12M▲ 1% YoY
Contracts
1
Volume
$20.50M
Blended $ / sq ft
$6,094
Avg days on market
3 days
A slower month across the board. Read the trend, not one month.
Midtown's Manhattan position
Midtown ranks 3rd for luxury dollar volume over the trailing 12 months among Manhattan neighborhoods with steady luxury activity, a measure of how much money moves through the neighborhood. It ranks 9th for luxury intensity, the share of its contracts clearing the Manhattan Luxury (Top 10%) price line: 0 of undefined trailing contracts, or 0%. Size and concentration are different things, so a neighborhood can move large dollar volume without a high share of its deals clearing the luxury line. The median of those Midtown deals is $7.03M, 1% below the $7.10M median for all Manhattan Luxury (Top 10%) deals.
Sellers: Measure against qualified Midtown luxury deals and the Manhattan Luxury (Top 10%) median.
Buyers: Compare like with like, using deals above the same Manhattan Luxury (Top 10%) price line.
Midtown · month over month · August 2026
Midtown Market Pulse All Price Points
24*
Signed contracts · Midtown
▼ 45% MoM
vs 12-mo avg
$78.52M*
Total dollar volume · Midtown
▼ 45% MoM
vs 12-mo avg
Condos
Signed contracts*
16
-51.5% MoM
Recorded sales
32
+45.5% MoM
Avg $/sq ft
$2,418
+17.1% MoM
Discount from ask
-9.9%
down 1.5pp MoM
Avg DOM · all sales
177d
down 5d MoM
Co-ops
Signed contracts*
8
-27.3% MoM
Recorded sales
14
-39.1% MoM
Avg $/sq ft
$920
-4.3% MoM
Discount from ask
-12.2%
down 3.9pp MoM
Avg DOM · all sales
107d
down 28d MoM
Townhouses
Signed contracts*
0
Recorded sales
0
Avg $/sq ft
—
Discount from ask
—
Avg DOM · all sales
—
Unit breakdown · August 2026
Contracts and Volume by Unit Size
Where activity concentrates in Midtown's contract market by bedroom count. Includes all price tiers.
Dollar volume
Donut chart of Midtown dollar volume by bedroom count across 5 categories totalling $78.5 million. Largest is 3-Bed at $41.8 million, 53 percent of the total. Smallest is Studio at $900000.0 million, 1 percent. Full breakdown: 3-Bed $41.8 million, 53 percent; 1-Bed $15.8 million, 20 percent; 2-Bed $14.7 million, 19 percent; 4+ Beds $5.3 million, 7 percent; Studio $900000.0 million, 1 percent.
Midtown dollar volume by bedroom count
Bedrooms
Dollar volume
Studio
$0.90M
1-Bed
$15.82M
2-Bed
$14.75M
3-Bed
$41.80M
4+ Beds
$5.25M
Contracts signed
Donut chart of Midtown contracts signed by bedroom count across 5 categories totalling 24. Largest is 1-Bed at 12, 50 percent of the total. Smallest is 4+ Beds at 1, 4 percent. Full breakdown: 1-Bed 12, 50 percent; 3-Bed 5, 21 percent; 2-Bed 4, 17 percent; Studio 2, 8 percent; 4+ Beds 1, 4 percent.
Midtown contracts signed by bedroom count
Bedrooms
Contracts
Studio
2
1-Bed
12
2-Bed
4
3-Bed
5
4+ Beds
1
What this means for you
3-Bed residences accounted for 53% of Midtown's luxury dollars this month on 5 contracts. 1-Bed residences were the most frequent trade, with 12 contracts. Sellers of 3-Bed should price against the small set of comparable large-format sales rather than the neighborhood median. Buyers at 1-Bed are working in the deepest part of this market, so assume other offers on anything priced correctly.
Midtown supply · active listings · August 2026
Supply and Absorption
What inventory exists in Midtown, how fast it's moving, and what that means for buyers and sellers right now.
Luxury market · Manhattan $4.89M+
Active listings
106
+0.0% YoY
Months of supply
21.2mo
9+ months = Luxury Buyer's Market
Monthly absorption
4.7%
12-mo contract pace vs. active supply
All Midtown residential
Active listings
388
+14.5% YoY
Months of supply
16.2mo
6+ months = Buyer's Market
Monthly absorption
6.2%
12-mo contract pace vs. active supply
Key Takeaway
At ~21 months of luxury supply, Midtown is a deep buyer's market and sits in line with the borough. Supply is well ahead of demand; buyers control the pace.
Sellers: Price to current market activity.
Buyers: There is room to negotiate on price and terms, and look closely within your submarket. Building-by-building comps carry the clearest signal.
Your Next Step
Your residence may not move with the neighborhood average. Please for a comparative read on your address.
The confirmation layer
Explore the Data
Recorded sales, price history, and unit-size breakdowns. The lagging view that confirms the contract signals above.
Line chart of Midtown luxury quarterly contracts by tier covering 18 periods from 2022-04-01 to 2026-07-01. $4.89M+ falls from 12 in 2022-04-01 to 10 in 2026-07-01, down 17 percent, peaking at 22 in 2025-10-01 and bottoming at 8 in 2023-10-01. $7.37M+ falls from 8 in 2022-04-01 to 5 in 2026-07-01, down 38 percent, peaking at 16 in 2023-04-01 and bottoming at 4 in 2022-07-01. $18.12M+ falls from 5 in 2022-04-01 to 2 in 2026-07-01, down 60 percent, peaking at 8 in 2023-07-01 and bottoming at 1 in 2022-07-01.
Midtown luxury quarterly contracts by tier
Quarter
$4.89M+
$7.37M+
$18.12M+
2022-04-01
12
8
5
2022-07-01
9
4
1
2022-10-01
10
7
2
2023-01-01
17
11
3
2023-04-01
20
16
4
2023-07-01
16
11
8
2023-10-01
8
7
2
2024-01-01
18
12
6
2024-04-01
21
12
4
2024-07-01
17
8
4
2024-10-01
20
11
1
2025-01-01
19
14
8
2025-04-01
18
8
2
2025-07-01
15
8
4
2025-10-01
22
13
8
2026-01-01
12
9
5
2026-04-01
17
10
2
2026-07-01
10
5
2
Weekly Sales · Price
By property type
Line chart of Midtown Weekly Sales · Price by property type covering 52 periods from 2025-09-08 to 2026-08-31. Condo rises from 1,618,214.286 in 2025-09-08 to 2,256,682.8 in 2026-08-31, up 39 percent, peaking at 17,085,500 in 2026-07-27 and bottoming at 1,003,000 in 2025-11-24. Co-op rises from 545,000 in 2025-09-08 to 2,625,000 in 2026-08-31, up 382 percent, peaking at 10,964,539 in 2026-01-19 and bottoming at 386,666.667 in 2025-10-13.
Midtown — Weekly Sales · Price by property type
Week
Condo
Co-op
Townhouse
2025-09-08
1,618,214.286
545,000
—
2025-09-15
2,012,856.429
1,205,625
—
2025-09-22
3,468,237.286
890,166.667
—
2025-09-29
2,667,900
—
—
2025-10-06
1,791,666.667
752,500
—
2025-10-13
6,590,000
386,666.667
—
2025-10-20
2,916,000
540,500
—
2025-10-27
8,154,629.333
837,000
—
2025-11-03
2,144,166.667
1,427,944.444
—
2025-11-10
11,773,333.333
697,500
—
2025-11-17
6,245,625
1,375,000
—
2025-11-24
1,003,000
1,233,750
—
2025-12-01
14,626,446.5
1,075,000
—
2025-12-08
4,692,359.6
—
—
2025-12-15
3,451,266.667
853,333.333
—
2025-12-22
1,335,833.333
850,000
—
2025-12-29
2,901,455.833
973,000
—
2026-01-05
4,241,750
—
—
2026-01-12
5,068,888.889
1,554,000
—
2026-01-19
2,569,000
10,964,539
—
2026-01-26
5,511,684.615
711,571.429
—
2026-02-02
4,821,162.857
670,000
—
2026-02-09
2,438,578.333
1,101,250
—
2026-02-16
3,222,637.5
1,282,500
—
2026-02-23
2,262,625
1,585,000
—
2026-03-02
3,770,000
1,530,000
—
2026-03-09
5,062,222.222
999,000
—
2026-03-16
5,838,000
555,666.667
—
2026-03-23
6,933,477.778
546,250
—
2026-03-30
1,899,166.667
559,250
—
2026-04-06
5,900,000
—
—
2026-04-13
1,433,750
1,182,500
—
2026-04-20
2,261,250
1,100,000
—
2026-04-27
2,200,000
—
—
2026-05-04
3,635,109.333
823,000
—
2026-05-11
6,262,875
499,000
—
2026-05-18
3,315,199.9
1,303,000
—
2026-05-25
1,470,000
895,000
—
2026-06-01
5,037,500
2,212,500
—
2026-06-08
2,964,312.5
713,333.333
—
2026-06-15
2,235,000
545,000
—
2026-06-22
3,067,351.25
782,000
—
2026-06-29
1,353,500
1,250,000
—
2026-07-06
2,907,214.286
968,750
—
2026-07-13
2,687,200
922,500
—
2026-07-20
2,372,500
1,644,250
—
2026-07-27
17,085,500
1,243,166.667
—
2026-08-03
6,287,475
1,651,750
—
2026-08-10
5,470,813.538
782,400
—
2026-08-17
6,716,666.667
2,438,000
—
2026-08-24
5,294,601.25
865,800
—
2026-08-31
2,256,682.8
2,625,000
—
■ Condo ■ Co-op ■ Townhouse
Weekly Sales · Discount
By property type
Line chart of Midtown Weekly Sales · Discount by property type covering 50 periods from 2025-09-08 to 2026-08-31. Condo rises from -8.586 in 2025-09-08 to -5.867 in 2026-08-31, up 32 percent, peaking at -2.114 in 2026-06-08 and bottoming at -25.933 in 2026-08-03. Co-op falls from -10.45 in 2025-09-08 to -24.65 in 2026-08-31, down 136 percent, peaking at -0.9 in 2025-12-29 and bottoming at -31.2 in 2026-08-03.
Midtown — Weekly Sales · Discount by property type
Week
Condo
Co-op
Townhouse
2025-09-08
-8.586
-10.45
—
2025-09-15
-13.433
-8.95
—
2025-09-22
-6.42
-11.467
—
2025-09-29
-11.422
—
—
2025-10-06
-12.7
-4.967
—
2025-10-13
-11.65
-7.5
—
2025-10-20
-12.6
-5.35
—
2025-10-27
-13.333
-9.967
—
2025-11-03
-9.86
-12.95
—
2025-11-10
-17.417
-11.367
—
2025-11-17
-6.05
-1.8
—
2025-11-24
-7.7
-7.75
—
2025-12-01
-3.05
-11.7
—
2025-12-08
-6.656
—
—
2025-12-15
-8
-3.8
—
2025-12-22
—
-1.8
—
2025-12-29
-5.717
-0.9
—
2026-01-05
-18.983
—
—
2026-01-12
-10.575
-7.7
—
2026-01-19
-11.36
—
—
2026-01-26
-14.3
-11.24
—
2026-02-02
-10.209
-8.433
—
2026-02-09
-3.9
-11.5
—
2026-02-16
-8.025
-3.9
—
2026-02-23
-17.567
-16.1
—
2026-03-02
-7.13
-4.15
—
2026-03-09
-10.237
-14.7
—
2026-03-16
-8.267
-5.333
—
2026-03-23
-12.3
-6.45
—
2026-03-30
-9.617
-9
—
2026-04-06
-2.467
—
—
2026-04-13
-8.4
-11.55
—
2026-04-20
-14.1
-9.6
—
2026-04-27
—
—
—
2026-05-04
-7.344
-5.833
—
2026-05-11
-5.633
-4.4
—
2026-05-18
-6.957
-10.125
—
2026-05-25
-10.025
-12.1
—
2026-06-01
-6.989
-2.1
—
2026-06-08
-2.114
-21.95
—
2026-06-15
-2.7
-14.4
—
2026-06-22
-6.792
-6.325
—
2026-06-29
-10.14
-6.433
—
2026-07-06
-4.714
-5.386
—
2026-07-13
-10.22
-12.8
—
2026-07-20
-7.825
-10.2
—
2026-07-27
-12.6
-9.925
—
2026-08-03
-25.933
-31.2
—
2026-08-10
-10.167
-11.74
—
2026-08-17
-6.567
-5.55
—
2026-08-24
-4.6
-11.2
—
2026-08-31
-5.867
-24.65
—
■ Condo ■ Co-op ■ Townhouse
Methodology & Notes
Midtown residential signed contracts, last asking price, trailing 12 months (TTM). · Luxury $4.89M / Prime $7.37M / Trophy $18.12M = Manhattan-wide top 10%, 5%, 1% of TTM contracts. Cutoffs update monthly. · August 2026 is the latest reporting month (provisional; may revise through ). · Midtown's local luxury line is the median of its own contracts that clear the Manhattan Luxury cutoff (top 10%), currently $7.03M. Consumer reference only; every Luxury figure on this page is measured against the Manhattan threshold. · In each tier card, the contract count is Midtown's own contracts that clear that Manhattan tier. Average price per square foot and 12 month volume are Manhattan-wide totals for the tier, shown as the benchmark Midtown is measured against, and are labeled "Manhattan" on the card. · Metrics based on fewer than 5 contracts are marked "insufficient sample" rather than shown as a percentage change. · Two rankings appear in this section, refreshed weekly. Both cover only neighborhoods with at least 11 luxury contracts over the trailing 52 weeks, the floor for a stable reading. Luxury dollar volume ranks those neighborhoods by the dollars transacted above the Manhattan Luxury (Top 10%) price line over the trailing 12 months. Luxury intensity ranks them by the share of their trailing-12-month contracts that clear that same price line.
Abbreviations
TTM · Trailing Twelve Months · YoY · Year over Year · QoQ · Quarter over Quarter · MoS · Months of Supply · DOF · Department of Finance
Heather Domi Team is a real estate team affiliated with Douglas Elliman, a licensed real estate broker and abides by all applicable Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein is intended to indicate that any listing displayed on this website may not belong to the firm whose website is being visited. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage.
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