Manhattan Luxury Real Estate Report: 25 Contracts Signed Above $5 Million
Manhattan luxury buyers signed 25 contracts at $5 million and above the week of October 26 to November 1, 2026, up from 24 the week before, with $251.2 million in combined asking prices, according to the Compass Manhattan Luxury Report. Every home signed at its asking price, and the top deal was a $33.95 million penthouse at 111 Murray Street in Tribeca.
Where in Manhattan are luxury buyers signing?
The Upper East Side led the week, with 11 of the 25 deals. Lenox Hill alone had six, from Fifth Avenue at 834 5th to Park Avenue at 580 Park, and Carnegie Hill and Yorkville added the rest, including three Park Avenue co-ops in total. Downtown had nine deals, four in Tribeca, including two penthouses on Murray Street. The Upper West Side had five, three of them on Riverside Boulevard or near Lincoln Center. Midtown had none.
Are condos or co-ops selling more in Manhattan right now?
Condos, with 16 of 25 deals, up from 12 the week before, while co-ops slipped to 7. Condos averaged $10,477,243 and $2,809 per square foot. The two townhouses, in Carnegie Hill and on the Upper West Side, averaged 7,150 square feet. Eight deals came in at $10 million or more.
All | Condos | Co-ops | Townhouses | |
|---|---|---|---|---|
Contracts signed | 25 | 16 | 7 | 2 |
Average asking price | $10,048,835 | $10,477,243 | $8,005,000 | $13,775,000 |
Median asking price | $7,490,000 | $6,600,000 | $7,490,000 | $13,775,000 |
Average price per sq ft | $2,574 | $2,809 | – | $2,207 |
Average size | – | 3,576 sq ft | – | 7,150 sq ft |
Source: Compass Manhattan Luxury Report, contracts signed October 26–November 1, 2026. Co-op price per square foot and size are not reported.
Which Manhattan luxury homes went to contract this week?
All 25 deals, ranked by last asking price.
-
$33,950,000
Top dealThe week's largest contract and its highest price per square foot, a 7,675-square-foot penthouse in the Tribeca tower at 111 Murray Street. See the building on Compass.
-
$18,500,000
A second Murray Street penthouse, down the street from the top deal, signed at its original asking price.
-
$16,950,000
A Carnegie Hill townhouse just off Fifth Avenue and Museum Mile, signed at full ask in 27 days.
-
$16,850,000
A Lenox Hill penthouse that waited 644 days and still signed at its original asking price.
-
$15,995,000
The second contract in two weeks at this tower near Lincoln Center, signed at full ask in 32 days.
-
$14,995,000
The week's top co-op, a six-bedroom on Fifth Avenue facing Central Park, signed in 30 days.
-
$12,000,000
Seven bedrooms and more than 6,000 square feet on Riverside Boulevard, signed in 52 days.
-
$10,600,000
Longest on marketThe largest home of the week at 9,075 square feet, signed after 1,307 days without a price cut.
-
$9,995,875
A Lenox Hill penthouse between Park and Lexington, signed at its original asking price.
-
$9,500,000
A 5,400-square-foot Chelsea co-op, signed at its original asking price.
-
$7,950,000
A riverfront co-op beside Carl Schurz Park, the largest co-op of the week by square footage.
-
$7,500,000
The building's second contract in two weeks, after Unit 9A signed the week of October 19.
-
$7,490,000
One of three Park Avenue co-op contracts this week.
-
$6,700,000
A high-floor two-bedroom in the Renzo Piano-designed Soho towers, signed at its original asking price.
-
$6,500,000
Signed in 24 days on a Greenwich Village side street between Fifth and Sixth Avenues.
-
$6,500,000
A combined five-bedroom duplex on Riverside Boulevard, signed at its original asking price.
-
$6,150,000
The only Financial District deal of the week, a high-floor four-bedroom.
-
$6,000,000
A Yorkville condo on Third Avenue, signed at its original asking price.
-
$5,500,000
A Park Avenue four-bedroom that signed in just 10 days.
-
$5,500,000
A Lenox Hill penthouse just off Madison Avenue, signed at its original asking price.
-
$5,350,000
Fastest dealSigned in 8 days, the fastest deal of the week.
-
$5,250,000
A 3,500-square-foot Lenox Hill co-op, signed in 33 days.
-
$5,245,000
A four-bedroom in the landmarked former Verizon Building, signed at its original asking price.
-
$5,150,000
Steps from Madison Square Park, signed in 41 days.
-
$5,100,000
Tribeca's fourth deal of the week, a block from Hudson River Park.
What does this week mean for buyers and sellers?
- Demand keeps building.Buyers signed 25 contracts, up from 24 in each of the prior two weeks, and dollar volume rose about 8% to $251.2 million.
- Buyers are paying full price.The average discount was 0%, and not one of the 25 homes cut its price before signing.
- Patience paid off for some sellers.200 East 75th Street waited 644 days and 328 West 108th Street waited 1,307, and both signed at their original asking price.
- The Upper East Side is leading.Eleven deals, including 834 Fifth Avenue and three Park Avenue co-ops, gave the Upper East Side 44% of the market.
Frequently asked questions
How many luxury contracts were signed in Manhattan the week of October 26 to November 1, 2026?
Buyers signed 25 contracts at $5 million and above: 16 condos, 7 co-ops and 2 townhouses. That was up from 24 the week before, with $251,220,875 in combined asking prices.
What was the most expensive Manhattan contract signed this week?
111 Murray Street, Penthouse 1 in Tribeca, with a last asking price of $33,950,000. The 5-bedroom, 7,675-square-foot condo also had the week's highest price per square foot at $4,424.
Which Manhattan neighborhoods led luxury sales this week?
The Upper East Side took 44% of contracts, with 11 deals across Lenox Hill, Carnegie Hill and Yorkville. Downtown had 36% and the Upper West Side 20%. Midtown had no deals above $5 million.
Are Manhattan luxury homes selling below asking price?
Not this week. The average discount was 0%, and none of the 25 homes cut their price before signing.
How long are Manhattan luxury homes taking to sell?
The average was 187 days on market, pushed up by a few long waits like 328 West 108th Street at 1,307 days. Seven homes signed within 33 days, and 1125 Park Avenue signed in 8.
What is the average price per square foot for Manhattan luxury homes right now?
$2,574 overall, $2,809 for condos and $2,207 for townhouses this week. The highest was 111 Murray Street at $4,424 per square foot.
Is now a good time to buy or sell luxury real estate in Manhattan?
This was the third straight week with 24 or more deals, and homes are signing at full price, so well-priced listings are finding buyers. 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.