Condo and co-op market history


THE MANHATTAN CONDO AND CO-OP MARKET DROPPED OFF IN 2019, with both median and average sales price slightly decreasing year-over-year. Median sales price hovered around $1.06 million, whereas the average apartment sales price ended the year at $1.93 million. (Looking at the condo and co-op markets on a quarterly basis, on Co-op market and Condo market, showed slightly different numbers.) Even though prices declined overall, the average price per square foot rose 0.4 percent to $1,664.

Median Sales Price

Average apartment sales price

Average apartment price per sq. ft.

Number of sales


How long did prices rise during past booms

1982 to 1987

5+
years

1998 to 2001

3+
years

2003 to 2008

5
years

2013 to 2017

4
years


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