Soho Market Report May 2026: $3.92M Median

Soho recorded 12 closed sales in the last 30 days at a median close price of $3.48M. Active inventory stands at 56 listings with a median asking price of $3.92M ($1,993/sqft). Condos dominate at 46% of inventory. 33.9% price reductions among active listings. 1 new listing hit the market this week, while 33 properties are under contract. At current absorption rates, Soho has approximately 4.7 months of supply, making it a balanced market. As a Soho 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 Soho, call me at (917) 416-7433 for a personalized market analysis.