Manhattan $5M+ Luxury Pulse — August 2026
52 contracts above $5M; active inventory at a 12-year August low; average asking price per square foot $3,188.
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Data should reduce
uncertainty, not decorate it.
Every metric is dated, scoped and connected to a decision. This prototype uses current public reporting to demonstrate the standard.
August 2026 · Manhattan $5M+
The upper end stayed active while inventory tightened.
Corcoran reported 52 Manhattan contracts above $5M in August 2026, up 13% year over year. Active listings fell to 737, the lowest August level in twelve years.
52contracts
above $5M
above $5M
737active listingsManhattan $5M+ · Aug 2026
$3,188avg. asking $/SFdown 6% YoY
+13%contract activity YoY52 contracts
+8%days on market YoYnearly three weeks longer
Cross-market context
Luxury is a moving threshold.
| Dataset | Period | Population | Signal |
|---|---|---|---|
| Corcoran $5M+ | Aug 2026 | Manhattan >$5M | 52 contracts; 737 active; $3,188 avg asking $/SF |
| StreetEasy luxury tier | Jun 2026 | Top 10% of NYC inventory; threshold $4.2M | 144 contracts; +17.1% YoY |
| Manhattan overall | Aug 2026 | Condo + co-op | 799 contracts; 4,992 active listings; $1,833 avg $/SF |
Sources: Corcoran $5M+ August 2026, Corcoran Manhattan August 2026, and StreetEasy June 2026.
The method
Every number gets four labels.
- Period. When was it measured?
- Population. Which borough, property type and price band?
- Measure. Asking, contract, closing, inventory or days on market?
- Decision use. What question can it help answer—and what can it not?
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