Monica Ahdoot at Corcoran Group

06/05/2026

"Manhattan’s luxury activity dips annually but outpaces the historical May average.
Inventory continued to fall year-over-year, marketing times dropped sharply, and average price per square foot declined."

More insights from the Manhattan $5M+ Luxury Sales: May 2026 Market Report on Corcoran’s blog, Inhabit: https://bit.ly/4awYQpI 👈

05/08/2026

Manhattan’s luxury market remains active despite uncertainty.
Inventory continued to drop, marketing times declined, and average price per square foot increased.

April 2026 saw 86 contracts over $5M, up 9% year-over-year.
However, $5M+ contract activity declined 9% month-over-month.

Active $5M+ listings fell to a 12-year April low.
The 862 active listings represented a 14% year-over-year decline.

Days on market fell by nearly a month year-over-year.
The 13% annual drop was due to fewer contracts with marketing timelines longer than six months compared to a year ago.

Average asking price per square foot rose 13% year-over-year to $3,143.
This was the seventh consecutive month with an average ask of more than $3,000 per square foot.

https://inhabit.corcoran.com/manhattan-5m-luxury-sales-april-2026/

03/24/2026

What war? Manhattan luxury home sales remain strong amid market volatility.
High mortgage rates, a volatile stock market and weeks of war with Iran don’t seem to be dampening the appetite for pricey city homes.
https://www.crainsnewyork.com/real-estate/residential/cny-manhattan-luxury-sales-remain-strong-20260323/?utm-content=article3-readmore&utm_source=Sailthru&utm_medium=email&utm_campaign=Newsletter-RealEstateDaily-20260324&fbclid=IwY2xjawQvwStleHRuA2FlbQIxMQBzcnRjBmFwcF9pZBAyMjIwMzkxNzg4MjAwODkyAAEeozN1wefvGIzsKayv57znslJJdOWh4QMqexCX1V0ZsUN6KiCxylIo9DQ3pnU_aem_D6wzmAA_XtayGg-ZDRw8jg

luxuryrealestatebroker luxuryrealestatenyc manhattanrealestate manhattanrealestatebroker manhattanrealestateagent ManhattanNewDevelopment newdevelopment thecorcorangroup corcorangroup corcoran

03/24/2026

High mortgage rates, a volatile stock market and weeks of war with Iran don’t seem to be dampening the appetite for pricey city homes.

Buyers signed contracts for 29 homes at $4 million and above last week, according to the latest Olshan Luxury Market Report.

03/23/2026

The Famed Flatiron Is One of Many Historic NYC Buildings With Condos Up for Sale This Spring
From landmark residential conversions to classically inspired new construction, the city’s most compelling luxury developments are drawing on the past

https://www.mansionglobal.com/articles/the-famed-flatiron-building-is-one-of-many-historic-nyc-buildings-with-condos-up-for-sale-this-spring-42c1aa6f?mod=top_markets_new_york&fbclid=IwY2xjawQudvNleHRuA2FlbQIxMQBzcnRjBmFwcF9pZBAyMjIwMzkxNzg4MjAwODkyAAEezKvZ3YkTTM-HiBGFFLnizvqy7fKJE1FnQp30oRIM3VtyyN0kH1WPT9cE2FE_aem_GC8nfOufE5aDeQsVODVY2Q


luxuryrealestatebroker luxuryrealestatenyc manhattanrealestate manhattanrealestatebroker manhattanrealestateagent ManhattanNewDevelopment newdevelopment thecorcorangroup corcorangroup corcoran

03/23/2026

From landmark residential conversions to classically inspired new construction, the city’s most compelling luxury developments are drawing on the past

From landmark residential conversions to classically inspired new construction, the city’s most compelling luxury developments are drawing on the past

03/20/2026

Happy Nowruz and best wishes for the Persian New Year. May this year bring Peace, Prosperity and Joy.

03/19/2026

A rezoning plan passed last summer has paved the way for residential development in a commercial area around Midtown’s Penn Station and Herald Square
https://www.mansionglobal.com/articles/new-life-literally-is-coming-for-one-of-the-grittest-parts-of-manhattan-1b452f84?mod=top_markets_new_york

A rezoning plan passed last summer has paved the way for residential development in a commercial area around Midtown’s Penn Station and Herald Square

03/06/2026

Manhattan luxury market remains active early in the year.
Inventory continued to decline, average marketing times rose and average price per square foot increased versus 2025.

https://inhabit.corcoran.com/manhattan-5m-luxury-sales-february-2026/

Manhattan luxury market remains active early in the year. Inventory continued to decline, average marketing times rose and average price per square foot increased versus 2025.

02/12/2026

In 2025, the Manhattan skyline didn’t just reach for the clouds—it reached for a new era of dominance. As the world’s premier business core, the borough staged a resounding comeback, with investment sales below 96th Street rising to $22.77 billion. This resurgence, a 45% jump over 2024, marks Manhattan’s most impressive investment sales performance since 2018.

Manhattan's investment sales market rose to $22.77 billion in 2025, up 45% from 2024, an Ariel Property Advisors' report shows. Transactions increased to 419.