Midtown East recorded 22 closed sales in the last 30 days at a median close price of $1.40M. Active inventory stands at 176 listings with a median asking price of $1.95M ($1,954/sqft). Condos dominate at 77% of inventory. 32.4% price reductions among active listings. 2 new listings hit the market this week, while 63 properties are under contract. At current absorption rates, Midtown East has approximately 8 months of supply, making it a buyer's market. As a Midtown East specialist with over 25 years of experience, I track these numbers daily to give my clients a competitive edge. If you are considering buying or selling in Midtown East, call me at (917) 416-7433 for a personalized market analysis.
Midtown East Market Report August 2026: $1.95M Median
Milton Coste
Live from REBNY/RLS
August 31, 2026
Milton Coste
Licensed Real Estate Associate Broker at Keller Williams NYC
NY License #10301213304 | (917) 416-7433
176
Active Listings
$1.95M
Median Asking
22
Sold (30 Days)
8
Months of Supply
Price Trends
Inventory Breakdown
| Metric | Value |
|---|---|
| Active Listings | 176 |
| Pending Sales | 63 |
| Median Asking Price | $1.95M |
| Median Price/Sqft | $1,954 |
| Avg Days on Market | N/A |
| New This Week | 2 |
| Price Reduced | 57 (32.4%) |
| Sold (Last 30 Days) | 22 |
| Sold (Last 90 Days) | 31 |
| Median Sale Price (90d) | $1.40M |
| Sale-to-List Ratio | 99.9% |
| Months of Supply | 8 (buyer's market) |
Property Mix
Condo 77% (136)
Co-op 22% (38)
Condop 0% (0)
Recent Transactions
Rental Market
4
Closed Rentals (30 Days)
$3,950/mo
Median Rent
| Type | Count | Median Rent | Range |
|---|---|---|---|
| Studio | Limited data | Limited data | Limited data |
| 1 BR | 3 | $3,700/mo | $2,800 - $5,750 |
Based on 4 transactions. Limited volume may result in atypical metrics.
Recent Transactions
|
336 E 56th Street #6, Apt 6 | $2,800/mo | 1 BR | Aug 27, 2026 |
|
132 E 45th Street #8F, Apt 8F | $3,700/mo | 1 BR | Aug 20, 2026 |
|
234 E 46th Street #703, Apt 703 | $5,750/mo | 1 BR | Aug 7, 2026 |
|
310 E 46th Street #21f, Apt 21f | $4,200/mo | Studio | Aug 7, 2026 |
Want this report in your inbox?
Get monthly market updates for Midtown East delivered free.
Active Listings in Midtown East
View All
$450,000
424 E 52nd Street #4D
Studio
1 bath
Co-op
$58,000
2 E 55th Street #908W33
Studio
1 bath
445 sqft
Condo
$65,000
2 E 55th Street #808W36
Studio
1 bath
445 sqft
Condo
$65,000
2 E 55th Street #80936
Studio
1 bath
445 sqft
Condo
$110,000
2 E 55th Street #1036W34
2 beds
3 baths
1,260 sqft
Condo
$68,000
2 E 55th Street #909W14
Studio
1 bath
445 sqft
Condo
Data provided by the RLS at REBNY
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.