Q2 2025 Market Report

The Manhattan market held firm in Q2 2025, with key pricing and pace metrics pointing to overall resilience. Median sale price rose nearly 3% from the previous quarter, and sellers retained 95.7% of their asking price, slightly stronger than earlier in the year. Time on the market also improved significantly, falling to 63 days, a nearly 39% drop. These figures reflect the strength of contracts signed in late winter and early spring when conditions were more favorable to sellers.

Beneath these solid numbers, however, more current indicators suggest the landscape became increasingly challenging as the quarter progressed.