Midtown recorded 17 closed sales in the last 30 days at a median close price of $2.08M. Active inventory stands at 179 listings with a median asking price of $2.19M ($1,709/sqft). Condos dominate at 80% of inventory. 31.8% price reductions among active listings. 5 new listings hit the market this week, while 96 properties are under contract. At current absorption rates, Midtown has approximately 10.5 months of supply, making it a buyer's market. As a Midtown 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, call me at (917) 416-7433 for a personalized market analysis.
Midtown Market Update: March 2026
Milton Coste
Live from REBNY/RLS
March 24, 2026
Milton Coste
Licensed Associate Broker at Keller Williams NYC
NY License #10401274378 | (917) 416-7433
179
Active Listings
$2.19M
Median Asking
17
Sold (30 Days)
10.5
Months of Supply
Price Trends
Inventory Breakdown
| Metric | Value |
|---|---|
| Active Listings | 179 |
| Pending Sales | 96 |
| Median Asking Price | $2.19M |
| Median Price/Sqft | $1,709 |
| Avg Days on Market | N/A |
| New This Week | 5 |
| Price Reduced | 57 (31.8%) |
| Sold (Last 30 Days) | 17 |
| Sold (Last 90 Days) | 68 |
| Median Sale Price (90d) | $2.08M |
| Sale-to-List Ratio | 97.4% |
| Months of Supply | 10.5 (buyer's market) |
Property Mix
Condo 80% (143)
Co-op 20% (35)
Condop 0% (0)
Recent Transactions
|
53 W 53RD Street #49A, Apt 49A | $12,800,000 | 4 BR | Mar 23, 2026 |
|
520 5TH Avenue #43A, Apt 43A | $5,850,000 | 3 BR | Mar 24, 2026 |
|
146 W 57TH Street #44F, Apt 44F | $1,050,000 | 1 BR | Mar 23, 2026 |
|
45 W 54th Street #10A, Apt 10A | $375,000 | 1 BR | Mar 18, 2026 |
|
77 W 55TH Street #10H, Apt 10H | $690,000 | 1 BR | Mar 18, 2026 |
|
111 W 56TH Street #40A, Apt 40A | $2,225,000 | 1 BR | Mar 16, 2026 |
|
40 W 55TH Street #4D, Apt 4D | $1,399,000 | 2 BR | Mar 18, 2026 |
|
11 E 36th Street #906, Apt 906 | $1,200,000 | 2 BR | Mar 13, 2026 |
|
432 Park Avenue #52B, Apt 52B | $8,697,500 | 2 BR | Mar 16, 2026 |
|
15 W 53RD Street #43F, Apt 43F | $1,500,000 | 1 BR | Mar 10, 2026 |
|
372 5th Avenue #5N, Apt 5N | $408,750 | Studio | Feb 27, 2026 |
|
520 5TH Avenue #63B, Apt 63B | $5,100,000 | 2 BR | Mar 5, 2026 |
|
520 5TH Avenue #65B, Apt 65B | $3,375,000 | 1 BR | Mar 4, 2026 |
|
520 5TH Avenue #59B, Apt 59B | $2,040,000 | 1 BR | Mar 4, 2026 |
|
520 5TH Avenue #45C, Apt 45C | $2,350,000 | 1 BR | Feb 26, 2026 |
|
111 W 56TH Street #38L, Apt 38L | $3,200,000 | 2 BR | Feb 24, 2026 |
|
220 MADISON Avenue #3H, Apt 3H | $550,000 | 1 BR | Feb 23, 2026 |
Rental Market
7
Closed Rentals (30 Days)
$4,395/mo
Median Rent
| Type | Count | Median Rent | Range |
|---|---|---|---|
| Studio | Limited data | Limited data | Limited data |
| 1 BR | 5 | $4,395/mo | $4,250 - $5,700 |
| 2 BR | Limited data | Limited data | Limited data |
Recent Transactions
|
230 W 55TH Street #7H, Apt 7H | $3,495/mo | Studio | Mar 20, 2026 |
|
230 W 55TH Street #17F, Apt 17F | $4,695/mo | 1 BR | Mar 20, 2026 |
|
425 5TH Avenue #41C, Apt 41C | $5,700/mo | 1 BR | Feb 25, 2026 |
|
230 W 55TH Street #19G, Apt 19G | $4,395/mo | 1 BR | Mar 12, 2026 |
|
230 W 55TH Street #6C, Apt 6C | $4,250/mo | 1 BR | Mar 12, 2026 |
|
230 W 55TH Street #8C, Apt 8C | $4,395/mo | 1 BR | Feb 26, 2026 |
|
230 W 55TH Street #32B, Apt 32B | $6,495/mo | 2 BR | Feb 24, 2026 |
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Active Listings in Midtown
View All
$1,100,000
15 W 53rd Street #11H
1 bed
1 bath
743 sqft
Condo
$2,250,000
146 W 57TH Street #41A
2 beds
3 baths
1,463 sqft
Condo
$1,995,000
400 5TH Avenue #32C
2 beds
3 baths
1,168 sqft
Condo
$3,200,000
53 W 53RD Street #16F
1 bed
2 baths
1,425 sqft
Condo
$4,995,000
53 W 53RD Street #20B
2 beds
3 baths
2,104 sqft
Condo
$5,650,000
53 W 53RD Street #21D
2 beds
3 baths
2,610 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.