Market Insight
Near the end of January 2026, the Federal Reserve voted to hold its benchmark interest rate steady. But as of January 28, the national average rate for 30-year mortgages was 6.18%, down from 6.25% last week and 7.03% one year ago (all figures courtesy of Bankrate).
As part of her 2026 State of the State, Governor Hochul announced the "Let Them Build" agenda, which promises to cut red tape and speed up the construction of new housing throughout New York. This largely revolves around common-sense reforms to the State Environmental Quality Review Act (SEQRA) a...
From January 20-26, 2026, fewer than 200 condos, co-ops, condops, and townhouses in core New York City areas experienced price reductions. These included the former home of fashion designer Steve Madden in Trump Palace on the Upper East Side. Mansion Global reports that Mr. Madden and his then-wi...
Type
Bedrooms
Avg / Median
Currency
Pricing based on the past 12 month sales
Buildings
In 2025, core New York City areas recorded just over 11,000 signed residential contracts: 44 percent condominiums, 54 percent co-ops and condops, and the remainder townhouses. If all properties sold at their last asking prices, total contract volume would exceed $25.5 billion. The overall average...
From January 19-25, 2026, a total of 155 residential contracts were signed in Manhattan, showing a slight week over week dip. It must be noted that this was an abbreviated business week due to the Martin Luther King Jr. Day federal holiday on Monday, January 19, and that the week was also marked ...
On a genteel Cobble Hill street, sales have launched at Boerum Place, the low-rise new condominium spanning the entire Boerum Place blockfront between Dean and Pacific Streets with the address of 110 Boerum Place. The first public availabilities start at $2.98 million for two-bedrooms, $4.95 mill...
Because the week ending January 23, 2026 was an abbreviated business week due to the Martin Luther King Jr. Day federal holiday on Monday, January 19, the number of sales recorded dropped week-over-week by default. However, the aggregate dollar amount did not dip precipitously during this time, m...
The week ending January 17, 2026 was one where the number of Manhattan residential sales recorded climbed week-over-week, and where all five of the week's highest-priced sales came in above $10 million, which couldn't help but drive up the aggregate dollar amount during this time. An Upper West S...
For much of the early to mid-20th century, 125th Street was the beating heart of Harlem’s Black cultural, political, and intellectual life. Malcolm X delivered sermons on the corner of 125th Street and Seventh Avenue. The Lenox Lounge hosted legends like Miles Davis and John Coltrane as writers i...
January is typically a slow month for Manhattan residential contract signings, and the first two weeks of this month indicate that 2026 is likely to follow suit. However, citywide contract data quoted in the New York Post found that the residential market was unusually busy in December 2025 in sp...
About 200 condos, co-ops, condops, and townhouses in core New York City areas experienced price reductions from January 13-19, 2026. These included six units at the Hudson Yards complex on the West Side - three at 35 Hudson Yards, the tallest building in the complex with a residential component, ...
With Manhattan’s omnipresent 25-foot-wide building lot pattern, full-floor residences have always been hiding in plain sight. The standard traces back to the Commissioner’s Plan of 1811, a sweeping and pragmatic blueprint that imposed the familiar street grid across most of Manhattan north of Hou...
As of mid-January 2026, basketball season is in full swing. Selection Sunday for March Madness is less than two months away, and the professional season got off to a robust start. Early in the 2025-2026 NBA season, the league announced that viewership was up 92% year-over-year with the most viewe...
More In Market Insight
-
6sqft (our blog)
- From Shop SHOP THE LISTING: This $3.75M co-op is an architect-designed masterpiece in a classic Village loft
- From Celebrities Filmmaker John Sayles’ former Hoboken townhouse lists for $2.5M
- From Architecture And Design Rare Sistine Chapel drawing on display in NYC ahead of auction
- From Policy Full Amtrak service from NYC to Albany resumes in March, Metro-North expansion scrapped
- From New Developments See the Flatiron Building’s first publicly listed apartments
-
Get To Know
- From Get To Know Current mortgage rates may feel high—See what history says + Listings with mortgage rate incentives Thursday, January 29, 2026
- From Get To Know How AI promises to transform NYC real estate and residential living in 2026 Wednesday, January 14, 2026
- From Get To Know The SALT Tax — How the deduction cap increase will affect New Yorkers + Manhattan condos under $1 million Friday, January 9, 2026
- From Get To Know Top 10 Downtown condo conversions + 12 forthcoming projects in Lower Manhattan Friday, January 9, 2026
- From Get To Know Steals & Deals from $349K: Are “stale” listings bad listings? How to separate red flags from great deals Tuesday, January 6, 2026
-
Rental Building News and Offers
- From Coney Island At the height of basketball season, see 35 NYC condo and rental buildings with basketball courts Friday, January 16, 2026
- From Long Island City Leasing launches at the Orchard; LIC's tallest offers one month free rent and 100K SF of amenities Tuesday, January 13, 2026
- From DUMBO NYC buildings with Life Time as 1,000-unit Gowanus development moves forward Thursday, December 11, 2025
- From Murray Hill The Lotus: Eco-friendly Murray Hill rental gears up for leasing launch and affordable lotto Monday, December 8, 2025
- From Midtown West 18W55 brings high-end rentals with seven floors of amenities to Midtown's Plaza District Friday, December 5, 2025
-
Market Reports & Research
- From Annual Market Reports NYC’s top-selling buildings of 2025 as Downtown deals reach new highs Friday, January 2, 2026
- From Monthly Market Reports NYC’s top-selling buildings: Downtown deals drive Q3 2025 as outer boroughs gain ground Wednesday, October 29, 2025
- From Monthly Market Reports Manhattan’s market held firm this summer, except in these price-dropping neighborhoods Friday, October 10, 2025
- From New Developments NYC's best-selling residential buildings of 2025 and their availabilities Wednesday, July 23, 2025
- From New Developments NYC's most expensive neighborhoods to buy a condo or co-op Tuesday, March 4, 2025
-
Great Listings
- From Great Listings Current mortgage rates may feel high—See what history says + Listings with mortgage rate incentives Thursday, January 29, 2026
- From Great Listings The Final Frontier: 15 new projects taking shape on Eleventh Avenue + Beautiful Far West Side listings Thursday, January 29, 2026
- From Great Listings Price Cuts: Steve Madden's former condo cut by $1.15M; Quadruplex penthouse at 111 West 57th drops to eight figures Thursday, January 29, 2026
- From Great Listings Boerum Place, Cobble Hill condo with village-like charm, launches sales + Beautiful NYC listings with fireplaces Wednesday, January 28, 2026
- From Great Listings Price Cuts: Chelsea mansion rented by Emma Stone and Andrew Garfield gets $5.7M haircut; Hudson Yards condos up to 35% off Tuesday, January 20, 2026
-
Carter's View
- From In The Details NYC Brutalism: The good, the bad, and the ugly Thursday, May 15, 2025
- From Behind The Buildings One Hundred Barclay: A Monument of American Progress in Architecture Friday, January 3, 2025
- From In The Details Iconic NYC Holiday Locations Tuesday, December 24, 2024
- From Behind The Buildings As the Waldorf Astoria prepares for new chapter, revisit the legendary history of Manhattan's greatest Art Deco hotel Tuesday, December 17, 2024
- From Behind The Buildings Keeping out the masses, keeping in the few: NYC apartment buildings with grand gated entrances Tuesday, December 10, 2024

6sqft delivers the latest on real estate, architecture, and design, straight from New York City.
