Manhattan Luxury Real Estate Report: 33 Contracts Signed Above $5 Million
Manhattan luxury buyers signed 33 contracts at $5 million and above the week of November 2 to 8, 2026, up 32% from 25 the week before, with $364 million in combined asking prices, according to the Compass Manhattan Luxury Report. All but one home signed at its asking price, and the top deal was a $70 million home at 50 Central Park South.
Where in Manhattan are luxury buyers signing?
Downtown, with 19 of the week's 33 deals. Tribeca led with seven, from 111 Murray Street to 124 Hudson Street, and Greenwich Village added five, including three at 11 West 13th Street. Nomad, Soho, West Chelsea, the West Village and the East Village filled out the rest. The Upper West Side had five deals, two of them at 200 West 88th Street, and Midtown had four, led by two on Central Park South.
Are condos or co-ops selling more in Manhattan right now?
Condos, by a wide margin, with 27 of 33 deals, up from 16 the week before. They averaged $12,084,482 and $3,220 per square foot. Co-ops slipped to four, and the two townhouses, on the Upper West Side and in the East Village, each had a last asking price of $5,950,000. Eleven deals came in at $10 million or more, and three topped $20 million.
All | Condos | Co-ops | Townhouses | |
|---|---|---|---|---|
Contracts signed | 33 | 27 | 4 | 2 |
Average asking price | $11,031,091 | $12,084,482 | $6,461,250 | $5,950,000 |
Median asking price | $7,990,000 | $8,250,000 | $6,300,000 | $5,950,000 |
Average price per sq ft | $3,037 | $3,220 | – | $1,747 |
Average size | – | 3,413 sq ft | – | 3,535 sq ft |
Source: Compass Manhattan Luxury Report, contracts signed November 2–8, 2026. Co-op price per square foot and size are not reported.
Which Manhattan luxury homes went to contract this week?
All 33 deals, ranked by last asking price.
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$70,000,000
Top deal of the weekThe week's largest contract and its highest price per square foot, a 10,875-square-foot home at the Residences at the Ritz-Carlton facing Central Park. See the building on Compass.
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$25,365,000
Six bedrooms and more than 8,300 square feet on Madison Avenue, the week's largest home by bedroom count.
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$25,000,000
A Soho penthouse on Crosby Street that signed in 44 days at its asking price.
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$14,600,000
Fastest dealSigned in just four days, the fastest contract of the week, in the new tower on Fifth Avenue at 29th Street.
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$13,500,000
A four-bedroom on lower Fifth Avenue near Washington Square Park.
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$12,000,000
The second Central Park South contract of the week, signed at its original asking price after 198 days.
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$11,950,000
The tower's second contract in two weeks, after Penthouse 1 led the market the week of October 26.
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$11,500,000
Two in one buildingOne of two contracts at this new Upper West Side condo this week, and its fourth in three weeks.
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$11,495,000
A Tribeca loft between Church Street and Broadway, signed at its original asking price.
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$11,420,000
A four-bedroom in the west tower of One High Line, beside the High Line park. See the building on Compass.
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$10,850,000
Three in one buildingThe top of three contracts at 11 West 13th Street this week.
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$8,495,000
Longest on marketA Kips Bay penthouse that waited 409 days, the longest of the week, and still signed at its original asking price.
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$8,300,000
The second of three contracts in the building.
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$8,250,000
Signed in 21 days, one floor below Unit 12A.
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$8,100,000
The third contract in the building this week, adding up to $27.25 million at one address.
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$7,995,000
The week's top co-op, a 5,200-square-foot combined home on Park Avenue.
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$7,990,000
A four-bedroom just off Central Park West near Lincoln Center, signed in 50 days.
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$7,550,000
A Greenwich Village two-bedroom that signed in 19 days.
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$6,995,000
A high-floor four-bedroom on West 72nd Street, signed at its original asking price.
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$6,750,000
A 3,100-square-foot Tribeca co-op loft, signed in 19 days.
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$6,700,000
A three-bedroom in 53W53, the tower above the Museum of Modern Art. See the building on Compass.
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$6,500,000
Nearly 3,900 square feet in Tribeca at under $1,700 per square foot, signed in 32 days.
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$6,495,000
A Soho loft on Greene Street, signed at its original asking price.
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$5,995,000
A Tribeca penthouse on Reade Street, signed in 53 days.
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$5,950,000
Only price cutThe only home that cut its price, from $6,250,000, about 4.8% before signing.
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$5,950,000
An East Village townhouse that signed in 48 days.
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$5,850,000
A Park Avenue four-bedroom that signed in 22 days.
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$5,790,000
A high-floor two-bedroom in Tribeca, signed in 45 days.
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$5,595,000
A three-bedroom at Riverhouse, beside Rockefeller Park on the Hudson. See the building on Compass.
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$5,450,000
Tribeca's seventh deal of the week, signed in 18 days.
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$5,395,990
The second contract at this Financial District tower in two weeks.
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$5,250,000
A Lenox Hill co-op just off Fifth Avenue, signed in 29 days.
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$5,000,000
A three-bedroom on Hudson Street, signed in 21 days at exactly $5 million.
What does this week mean for buyers and sellers?
- The market picked up sharply.Contracts rose 32% to 33, and dollar volume climbed about 45% to $364 million, helped by the $70 million deal at 50 Central Park South.
- Buyers are paying full price.The average discount was 0%, and only one of 33 homes cut its price before signing.
- New condos are drawing repeat buyers.11 West 13th Street had three contracts, 200 West 88th Street had two, and 111 Murray Street and 130 William Street each signed again after deals last week.
- Downtown is leading again.Nineteen deals gave Downtown 58% of the market, with Tribeca alone accounting for seven.
Frequently asked questions
How many luxury contracts were signed in Manhattan the week of November 2 to 8, 2026?
Buyers signed 33 contracts at $5 million and above: 27 condos, 4 co-ops and 2 townhouses. That was up 32% from 25 the week before, with $364,025,990 in combined asking prices.
What was the most expensive Manhattan contract signed this week?
50 Central Park South, Unit 3031, at the Residences at the Ritz-Carlton, with a last asking price of $70,000,000. The 10,875-square-foot condo also had the week's highest price per square foot at $6,437.
Which Manhattan neighborhoods led luxury sales this week?
Downtown took 58% of contracts, with 19 deals, including seven in Tribeca and five in Greenwich Village. The Upper West Side had 15%, Midtown 12%, the Upper East Side 9% and the Financial District and Battery Park City 6%.
Are Manhattan luxury homes selling below asking price?
Barely. The average discount was 0%. Only one of the 33 homes, the townhouse at 143 West 94th Street, cut its price before signing, from $6,250,000 to $5,950,000.
How long are Manhattan luxury homes taking to sell?
The average was 88 days on market. 262 5th Avenue signed in 4 days, and the longest wait was 409 days at 368 3rd Avenue.
What is the average price per square foot for Manhattan luxury homes right now?
$3,037 overall, $3,220 for condos and $1,747 for townhouses this week. The highest was 50 Central Park South at $6,437 per square foot.
Is now a good time to buy or sell luxury real estate in Manhattan?
Contracts jumped to 33 this week from 25, and nearly every home signed at full price, so well-priced listings are finding buyers quickly. Every situation is different, so contact Darrell Williams for a private consultation.
Thinking about buying or selling luxury real estate in Manhattan? Contact Darrell Williams for a private consultation, or view my Compass profile and listings.
