Manhattan's real estate market continued to show solid performance this quarter, with signed contracts increasing to 3,188, reflecting sustained demand from buyers. Although the median sale price dipped slightly to $1.3 million, the adjustment points to a more balanced pricing environment following previous gains rather than a weakening market.
Sales activity also continued to improve, with 3,161 transactions recorded during the quarter compared with 2,917 in Q1 2026. The growth in completed sales highlights ongoing buyer participation and reinforces Manhattan's reputation as a stable, active, and highly desirable real estate market.
