Manhattan apartment sales average $2.2 million in August

  • Manhattan sellers closed 923 units last month, down from 1,086 in July.
  • The average price for a Manhattan apartment jumped from $2.1 million in July to $2.2 million in August.
  • Downtown and Midtown were the two highest grossing regions in Manhattan for new development, resale condos and co-ops.

LIVE NOW: Inman Connect San Francisco
Tune-in now to catch the livestream. Don't miss this chance to see real estate leaders tackle the industry's top problems.

With autumn quickly approaching, activity is slowing for Manhattan apartment sales. While the number of sales tapered between July and August, average price lifted, according to CityRealty’s monthly market report.