Manhattan's luxury housing market thrived in June 2025, achieving one of its best months in 20 years with 153 deals above $4 million. This statistic makes it the third-strongest June since tracking began in 2006. The week of June 23-29 saw 27 luxury contracts signed, with a median asking price of $6.25 million. Condominiums were the most popular, outnumbering co-ops. The top sale was a condo at 111 West 57th St., priced at $20.5 million, showcasing luxurious finishes and expansive views.
The luxury property's asking price was $20.5 million, down from the initial list price of $23.75 million that was set as units were marketed off of floorplans in June 2016.
During the final week of the month (June 23-29), 27 contracts were finalized in Manhattan for residential properties with a price tag of at least $4 million-up from 26 the week before.
Manhattan's luxury market just had one of its best Junes in nearly 20 years, with 153 deals valued at $4 million and up signed.
Condos outsold co-ops, 15 to 7, with five townhouses in the mix.
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