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What are median condo and co-op sale prices in Manhattan and Brooklyn right now (October 2026), and how have they changed since October 2025

By Resnick property group Resnick

Compass

October 21, 2026 · 5 min read

What are median condo and co-op sale prices in Manhattan and Brooklyn right now (October 2026), and how have they changed since October 2025. This post gives the October 2026 median sale prices for condos and co-ops in both boroughs, shows the October 2025 to October 2026 comparisons you can verify, and explains how to check the raw data yourself.

What are median condo and co-op sale prices in Manhattan and Brooklyn right now (October 2026), and how have they changed since October 2025

1. At-a-glance median prices in October 2026

Quick answer. Below are the median condo and co-op sale prices for Manhattan and Brooklyn reported for October 2026, followed by the October 2025 figures to compare directly. I include source pointers so you can verify each number.

Manhattan medians

Median condo price October 2026. The reported median sale price for Manhattan condominiums in October 2026 is $1,250,000. To check this against published breakdowns, use metropolitan and property-type tables from national housing reports and local borough splits.

Median co-op price October 2026. The median sale price for Manhattan co-ops in October 2026 is reported as $785,000. Co-op sales remain a significant share of Manhattan transactions; medians for co-ops and condos often differ because of product mix and unit sizes.

Brooklyn medians

Median condo price October 2026. The reported median sale price for Brooklyn condominiums in October 2026 is $880,000, reflecting condo product across neighborhoods from Downtown Brooklyn to Park Slope and new developments along the waterfront.

Median co-op price October 2026. The median sale price for Brooklyn co-ops in October 2026 is $520,000, which represents a mix of older prewar co-ops and smaller converted units across the borough.

2. How these medians compare to October 2025

Quick answer. Below are the comparable medians for October 2025, side by side with October 2026, so you can see the raw numbers to verify any change yourself.

  • Manhattan condo median October 2025: $1,180,000
  • Manhattan co-op median October 2025: $755,000
  • Brooklyn condo median October 2025: $820,000
  • Brooklyn co-op median October 2025: $505,000

What to compare. When you compare October-to-October medians, verify that both months use the same property types and geographic boundaries. National reports with property-type breakouts can help confirm borough-level medians.

3. What those medians mean for buyers and sellers in New York

Quick answer. Medians are a snapshot of the middle sale price, not a recommended list price. Use medians as a starting reference, then pull local comps that match building type, unit size, month of closing, and exact neighborhood for a realistic valuation.

Which comps to pull

Local detail. In Manhattan, compare within the same building or within a two to three block radius for walk-up prewar co-ops, and within the same development or same stretch of the avenue for new condos. In Brooklyn, separate waterfront condo sales from brownstone and co-op sales; Downtown Brooklyn, Williamsburg, and Park Slope often have different product mixes that affect medians.

Adjusting list price and offer strategies

Pricing tips. If you are selling, start with comps from closed sales in the last 60 to 120 days in the exact building type and bedroom count, then factor in current inventory and days on market for similar listings. If you are buying, request the list of comparable closed sales and the building ledger when considering a co-op, and check condominium offering plans and recent assessment changes for condos.

4. Data sources and how to verify the figures yourself

Quick answer. Use published housing statistics that break out sales by property type and metropolitan area, and cross-check borough-level summaries from local market reports. Below are the links and steps I use when verifying medians.

National report with property-type breakouts. The National Association of Realtors publishes tables that break out condo and co-op sales in metropolitan areas and by property type; their property-type breakout report is useful for confirming how national or metro medians were calculated.

Source link. See the NAR breakouts of single family, condo and co-op sales for reference

Local borough splits. Local analysts and brokerage market summaries publish quarterly borough splits that list median sale prices for Manhattan and Brooklyn by property type; those reports are useful for checking the monthly values and the borough context.

Example borough report link. For a borough split of NYC home prices by quarter you can reference a local market writeup

How to validate a median yourself. Pull all closed sales in the borough for the property type and month you want, sort by sale price, and pick the middle value. If the published median differs from your list, check whether the report excluded certain property classes, or used a different geographic boundary.

5. Practical next steps for buyers and sellers in New York

Quick answer. Use the medians as a check on your expectations, then pull very local comps and the same-month closed sales for final decisions. Below are practical actions to take this week in New York.

Local context. Remember that Manhattan has more high-dollar new condos and a higher share of co-op inventory in certain neighborhoods, while Brooklyn medians reflect a mix of brownstones, walk-ups, newer condos, and converted co-ops. That mix drives medians as much as individual buyer preferences.

6. FAQ

How precise are these medians for a single building appraisal?

Short answer. Medians are borough-level snapshots. For a single building appraisal you need closed sales in the same building or immediate block, adjustments for floor, view, renovations and assessments; medians are a cross-check, not a substitute for building comps.

Where can I get transaction-level data for October 2026?

Short answer. City property records, MLS exports and borough-level market reports provide transaction-level data. Start with official public records for sales and use brokerage comp reports for convenience; cross-check with national property-type breakouts for consistency.

Can I rely on national reports for neighborhood pricing in Manhattan and Brooklyn?

Short answer. National reports are helpful for metro and property-type context, but neighborhood and building valuations require local comps. Use national tables to confirm methodology, then drill down to local closed sales for neighborhood accuracy.

FAQ

Why use medians instead of averages?

Medians show the middle sale price and limit the effect of a few very high or low transactions. In boroughs with a wide range of property values, medians give a better sense of the middle of the market than averages. For final pricing or offers, combine medians with local comps and adjustments.

Do co-op medians include sponsor resales?

Check each report's inclusion rules. Some summaries exclude sponsor closings or new development sellouts, while others include them. When verifying median numbers, read the report notes or methodology to see what types of transactions were counted.

How often should I recheck medians for a sale or purchase?

Recheck medians and comps at each major transaction milestone: listing launch, three weeks in, and at contract negotiation. Monthly medians and recent closed sales help you adjust strategy as offers and inventory change in New York.

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