09/02/2026
MANHATTAN MAY BE IN SELLER’S-MARKET TERRITORY—BUT SELLERS SHOULD KEEP THE CHAMPAGNE CORKED.
Is Manhattan currently a buyer’s market or a seller’s market?
The latest Manhattan real estate data points toward sellers, largely because fewer apartments are available. But limited inventory does not mean buyers will suddenly overpay for every Manhattan condo or co-op that comes to market.
Today’s buyers are informed, selective, and highly sensitive to price. The best-positioned apartments can attract immediate attention, while overpriced listings may sit quietly—even when competing inventory is low.
For Manhattan sellers, pricing and presentation matter more than ever. For buyers, preparation matters because a desirable, properly priced apartment may not remain available for long.
In this week’s Manhattan real estate market update, I break down contracts, new listings, available inventory, prices, days on market, and seller discounts—and explain what the numbers actually mean.
If you are considering buying or selling an apartment in Manhattan, do not base your strategy on a headline. The right approach depends on the neighborhood, building, property type, condition, and price range.
Watch the video for the complete market update.
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Julian Hutter
Associate Broker | Compass
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