Even as the summer winds down, Manhattan’s luxury real estate market is showing no signs of slowing. This past week, 13 contracts were signed on properties priced at $5 million and above — the same number as the week before, signaling a stable rhythm at the very top of the market.
Of these deals, condominiums once again led the way with 9 signings, appealing to buyers who value modern amenities and skyline views. Three townhouses also found new owners, offering rare opportunities for those seeking privacy and historic charm in the heart of the city. Rounding out the numbers was one co-op, proof that even in a condo-driven market, the tradition of cooperative living continues to hold its ground.
For those watching closely, this consistency tells an important story: demand for Manhattan’s finest homes remains resilient, with buyers still drawn to the lifestyle, prestige, and investment potential the city has to offer.
If you’d like to dive deeper into the numbers or explore what these trends could mean for your own real estate goals, a Compass agent can guide you with market insights tailored to your needs.
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All best--Gerald Germany
