Manhattan Luxury: SoHo
July 2026
Contents
ContentsThe Luxury Lines
Three tiers measured by the trailing 12 months of Manhattan-wide signed contracts. These entry prices are Manhattan-wide thresholds, not SoHo's own line — paired here with SoHo'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.
Top SoHo Deals
SoHo's highest signed-contract prices this month.
SoHo Market Pulse All Price Points
Contracts and Volume by Unit Size
Where activity concentrates in SoHo's contract market by bedroom count. Includes all price tiers.
Donut chart of SoHo dollar volume by bedroom count across 5 categories totalling $99.9 million. Largest is 4+ Beds at $69.8 million, 70 percent of the total. Smallest is 1-Bed at $0.0 million, 0 percent. Full breakdown: 4+ Beds $69.8 million, 70 percent; 3-Bed $19.0 million, 19 percent; 2-Bed $10.6 million, 11 percent; Studio $532000.0 million, 1 percent; 1-Bed $0.0 million, 0 percent.
Donut chart of SoHo contracts signed by bedroom count across 5 categories totalling 11. Largest is 3-Bed at 4, 36 percent of the total. Smallest is 1-Bed at 0, 0 percent. Full breakdown: 3-Bed 4, 36 percent; 4+ Beds 4, 36 percent; 2-Bed 2, 18 percent; Studio 1, 9 percent; 1-Bed 0, 0 percent.
Supply and Absorption
What inventory exists in SoHo, how fast it's moving, and what that means for buyers and sellers right now.
At ~6 months of luxury supply, SoHo is a seller's market and sits tighter than the borough. Good listings move quickly; sellers hold the leverage.
Sellers: Price to current activity, and a well-prepared listing still moves quickly.
Buyers: Bring financing ready and expect competition on anything priced right. Look closely within your submarket. Building-by-building comps carry the clearest signal.
Your residence may not move with the neighborhood average. Please for a comparative read on your address.
Explore the Data
Recorded sales, price history, and unit-size breakdowns. The lagging view that confirms the contract signals above.
Line chart of SoHo luxury quarterly contracts by tier covering 18 periods from 2022-04-01 to 2026-07-01. $4.86M+ falls from 17 in 2022-04-01 to 4 in 2026-07-01, down 76 percent, peaking at 19 in 2026-01-01. $7.13M+ falls from 8 in 2022-04-01 to 2 in 2026-07-01, down 75 percent, peaking at 12 in 2026-04-01 and bottoming at 1 in 2025-10-01. $18.19M+ moves from 0 in 2022-04-01 to 1 in 2026-07-01, from a base of zero, peaking at 2 in 2023-04-01.
Line chart of SoHo Weekly Sales · Price by property type covering 44 periods from 2025-08-04 to 2026-07-27. Condo falls from 4,975,000 in 2025-08-04 to 4,200,000 in 2026-07-27, down 16 percent, peaking at 13,136,333.333 in 2026-04-27 and bottoming at 1,520,000 in 2025-08-18. Co-op falls from 3,450,000 in 2025-08-04 to 410,000 in 2026-07-27, down 88 percent, peaking at 9,944,791 in 2026-06-29.
Line chart of SoHo Weekly Sales · Discount by property type covering 39 periods from 2025-08-04 to 2026-07-13. Condo falls from -2 in 2025-08-04 to -5.25 in 2026-07-13, down 163 percent, peaking at -1.9 in 2026-05-18 and bottoming at -30.95 in 2026-04-27. Co-op rises from -7.4 in 2025-08-04 to -2.633 in 2026-07-20, up 64 percent, peaking at 16.9 in 2026-02-23 and bottoming at -43.5 in 2026-05-04.
Methodology & Notes
SoHo residential signed contracts, last asking price, trailing 12 months (TTM). · Luxury $4.86M / Prime $7.13M / Trophy $18.19M = Manhattan-wide top 10%, 5%, 1% of TTM contracts. Cutoffs update monthly. · July 2026 is the latest reporting month (provisional; may revise through August 18, 2026). · SoHo's local luxury line is the median of its own contracts that clear the Manhattan Luxury cutoff (top 10%), currently $6.50M. Consumer reference only; every Luxury figure on this page is measured against the Manhattan threshold. · In each tier card, the contract count is SoHo'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 SoHo 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