Midtown West recorded 1 closed sale in the last 30 days at a median close price of $895K. Active inventory stands at 35 listings with a median asking price of $850K ($1,385/sqft). Condos dominate at 83% of inventory. 37.1% price reductions among active listings. 1 new listing hit the market this week, while 14 properties are under contract. At current absorption rates, Midtown West has approximately 35 months of supply, making it a buyer's market. As a Midtown West 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 West, call me at (917) 416-7433 for a personalized market analysis.
Midtown West Market Report May 2026: $850K Median
Milton Coste
Live from REBNY/RLS
July 30, 2026
Milton Coste
Licensed Real Estate Associate Broker at Keller Williams NYC
NY License #10301213304 | (917) 416-7433
35
Active Listings
$850K
Median Asking
1
Sold (30 Days)
35
Months of Supply
Price Trends
Inventory Breakdown
| Metric | Value |
|---|---|
| Active Listings | 35 |
| Pending Sales | 14 |
| Median Asking Price | $850K |
| Median Price/Sqft | $1,385 |
| Avg Days on Market | N/A |
| New This Week | 1 |
| Price Reduced | 13 (37.1%) |
| Sold (Last 30 Days) | 1 |
| Sold (Last 90 Days) | 3 |
| Median Sale Price (90d) | $895K |
| Sale-to-List Ratio | 91.0% |
| Months of Supply | 35 (buyer's market) |
Property Mix
Condo 83% (29)
Co-op 17% (6)
Condop 0% (0)
Based on 1 transaction. Limited volume may result in atypical metrics.
Recent Transactions
|
247 W 46th Street #308, Apt 308 | $895,000 | 2 BR | Jul 2, 2026 |
Rental Market
23
Closed Rentals (30 Days)
$4,250/mo
Median Rent
| Type | Count | Median Rent | Range |
|---|---|---|---|
| Studio | 9 | $3,100/mo | $3,000 - $4,700 |
| 1 BR | 8 | $4,500/mo | $3,100 - $7,500 |
| 2 BR | 6 | $4,973/mo | $4,300 - $6,000 |
Recent Transactions
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Active Listings in Midtown West
View All
$760,000
150 W 51st Street #1919
1 bed
1 bath
550 sqft
Condo
$1,595,000
140 W 58th Street #3-A
3 beds
2 baths
Co-op
$780,000
150 W 51st Street #928
1 bed
1 bath
562 sqft
Condo
$355,000
342 W 56th Street #1E
Studio
1 bath
370 sqft
Co-op
$995,000
18 W 48th Street #14-A
1 bed
2 baths
848 sqft
Condo
$9,495,000
53 W 53rd Street #50-B
3 beds
4 baths
3,427 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.