UpperWestSide
The Upper West Side turned in one of its stronger Q1 performances in recent memory. Condo medians moved up meaningfully on
the quarter, though some of that likely reflects compositional shifts in what traded
rather than a straight-line price gain. Co-ops quietly crossed a meaningful price threshold, and townhouses showed solid year-over-year gains. Inventory expanded across all three categories. The picture here is of a neighborhood with genuine buyer appetite, and more supply arriving to meet it.
FeaturedListing
262 CENTRAL PARK WEST, 4F
Midtown
Midtown
hells kitchen chelsea
hudson yards
Kips Bay
Turtle Bay
GRAMERCY FLATIRON NOMAD
Stuytown
Sutton Place Murray Hill
Midtown went quiet in Q1, as it often does
this time of year. Sales volume dropped meaningfully from Q4 for both condos and
co-ops, a seasonal pattern that’ s familiar if
sometimes unnerving. But the more telling
story is that pricing held. Both product
types posted modest year-over-year gains, and discounts remained in check, suggesting
buyers who did transact were paying for
what they wanted rather than shopping for
bargains. Townhouses were negligible by
volume, but the few trades that closed did so
at elevated levels. Midtown is patient, and
patient markets eventually come back to life.
FeaturedListing
721 FIFTH AVENUE, 63AB
EAST VILLAGE
West VILLAGE
NOHO/SOHO
TRIBECA
LOWER EAST SIDE
NOLITA/Little Italy
Chinatown
FiDi/Civic Center
Battery Park
Two Bridges Seaport
Hudson Square
Downtown continued to attract committed,
quality-conscious buyers Resale condo prices
climbed meaningfully from last quarter, and
price-per-square-foot held at a level that
reflects the premium buyers continue to place
on this corridor. Co-ops were a steady
presence, with limited discounting and solid
year-over-year gains. Townhouses stole the
spotlight: a very small number of trades closed
at a median representing a dramatic year-over-
year gain, a reminder that trophy product
Downtown occupies a category unto itself.
emand he
FeaturedListing 15 BROAD STREET, 1512
RESALE
CLOSED SALES
2,152
65 DAYS ON MARKET
3.69% DISCOUNT
Year-to-Year
Quarter-to-Quarter
3,362 INVENTORY
Year-to-Year
$1,009,479 MEDIAN PRICE -2.2%Year-to-Year +1.2%Quarter-to-Quarter
MEDIAN $/SF
$755
+1.2%Year-to-Year +4.6%Quarter-to-Quarter
Q12023 Q12024 Q12025 Q12026
NorthwestBrooklyn
DUMBO GOWANUS RED HOOK
Downtown Brooklyn BROOKLYN NAVY YARD
Northwest Brooklyn had a strong Q1 for condos, with volume rising substantially
from a year ago and median prices following
suit. Whether this reflects a shift in the neighborhood’ s pricing floor or a run of higher-end closings, the direction is clear and buyers are paying attention. Townhouse activity remains limited, though prices there have also moved up from a year ago. Co-ops
were the only category to show some
softening, though they continued to trade. The data points to a market with real momentum heading into spring.
RESALE
FeaturedListing
56 Court Street, 2B
NorthBrooklyn
Williamsburg greenpoint
bushwick
North Brooklyn saw a meaningful expansion in condo inventory during Q1, widening the
buyer ’ s menu in a neighborhood that has often felt supply-constrained. Condo
medians eased modestly from last quarter, though they remain above year-ago levels, a
dynamic that likely reflects both the new supply and the mix of what closed. Co-ops
continued to trade quickly for the right
product. Townhouses held steady in price
with limited volume. This neighborhood is
well-positioned for a more active spring.
RESALE
RESALE TOWNHOUSES
Central/SouthBrooklyn
BedStuy
Crown Heights
Prospect Park South Windsor Terrace Kensington
Ditmas Park Dyker Heights
The story in Central and South Brooklyn this quarter was less about how much traded and more about what it meant when something did. With some closings still moving through the public record, the pricing signal offers the cleaner read: condo medians climbed
meaningfully from a year ago, suggesting buyers here have grown comfortable stepping
up. Co-ops continued to close at a pace that
rewards well-priced sellers. Townhouses remained the backbone of activity, and the annual gains in that category speak to just how durably in-demand this part of Brooklyn
has become. For a market that can feel
overlooked next to its trendier neighbors, Central and South Brooklyn is quietly telling a confident story.
FeaturedListing
9437 SHORE ROAD, E4
