Episode
Manhattan Luxury Market Slows at Top End | Real Estate News
- Published
- Jul 13, 2026
- Duration seconds
- 103
- Processing state
not_requested- Canonical source
- https://sources.thednn.ai/1c578e30b7a89083
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Summary
Manhattan’s luxury real estate market hit a quiet patch last week, with just one high-end deal over $10 million closing — the fewest in six months. But the broader luxury segment (homes $4M+) bounced back, seeing 29 contracts signed after a sluggish Fourth of July week. The most expensive sale? A 3,800 sq ft Madison Ave condo for $21.8M — part of a new development set to finish next year. Second priciest: a Chelsea condo under $10M, formerly owned by a top soccer coach. While the ultra-luxury tier cooled, the rest of the market showed momentum, with an average sale price of $6.3M and most homes selling at a discount after over a year on the market. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/1c578e30b7a89083