While all sales are not yet recorded for January, so far we have identified that there were 619 recorded Manhattan apartment sales in the first month of 2010, up 5% from January 2009, but down 58% from January 2007. January 2007 (1,467 sales) had the highest number of sales of any January in the last 5 years. Due to a lag in the public record filings of deeds, the current stats do not contain all closed transactions for January 2010. We will update you when we feel 99% of January sales have been recorded.

Based on the recorded sales thus far, the median sale price dropped 15% from $882,500 in January 2009 to $750,000 in January 2010. Despite the drop, the current median listing price for a Manhattan apartment lies at $990,000, 32% higher than the median closed sale price in January 2010.

Closed-Sales Median-Sale-Price

View current apartments for sale in Manhattan.


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