04/08/2026
It's out! Compass' Q1 2026 Manhattan Market Report. Despite everything, the market remained resilient. Sales dropped 3.2% year over year, and signed contracts fell 6.7%, which wasn't unexpected. A few key takeaways:
- Inventory was tight, down 5.4%, with new listings dropping 17.5%. That benefited sellers.
- Buyers were active but cautious, focusing on well-priced properties, while overpriced ones lingered.
- Luxury real estate thrived. Contracts between $10M-$20M jumped 47%, and ultra-luxury condo sales rose 30%.
- Spring promises opportunities for both sellers and buyers. More listings are coming on, which is getting more buyers out.
DM me for more info or the full report.