# Manhattan Luxury Market Slows at Top End | Real Estate News

Page: https://stenobird.com/podcast/real-estate-news-today-2-min-news-the-daily-news-now-7843453/manhattan-luxury-market-slows-at-top-end-real-estate-news
Text version: https://stenobird.com/podcast/real-estate-news-today-2-min-news-the-daily-news-now-7843453/manhattan-luxury-market-slows-at-top-end-real-estate-news.md
Podcast: [Real Estate News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/real-estate-news-today-2-min-news-the-daily-news-now-7843453)
Published: 2026-07-13T18:22:17+00:00
Episode link: https://sources.thednn.ai/1c578e30b7a89083
Audio file: https://api.fastcast.ai/audio/a3f0aec8-473f-478b-b64e-667fa2cf01bd.mp3
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Duration seconds: 103

## Resource

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: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/1c578e30b7a89083

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