Market Overview I Soho / Nolita I April 2026
Every month, we dive into the $1M+ market to uncover trends, then take a closer look at new developments, the luxury segment, and the key factors shaping our city’s real estate landscape.
Overall performance was varied, with the headline number being a 38% year-over-year increase in the average price of signed contracts. There were 18 contracts signed for the month, the top deal being 459 West Broadway Unit PHS at $13,995,000. The 33 new listings represented a 28% year-over-year decline, though average asking prices stayed steady, and the top new listing was Bayard House Unit 4 at $13,495,000. There were 17 sales, led by Spring and Thompson Unit PH at $19,750,000. In the luxury $5M+ segment, the period saw 20 signed contracts, 25 new listings, and 18 sales.
New Development was relatively quiet, with 2 contracts signed, the top at 10 Greene Street Unit PH for $11,500,000. There was 1 new listing, 72 Grand Street at $6,450,000, and 6 sales, with the top being the Spring + Thompson Penthouse mentioned above.
Resale condos posted 10 contracts signed, a 25% year-over-year increase, led by 27 Wooster Street Unit 4A at $7,200,000. The segment had 21 new listings, topped by Bayard House Unit 4 (also the overall top new listing for the month), and 4 sales, with the top being The New Museum Unit 5M at $9,664,000.
Resale co-ops saw 6 contracts signed, a 25% year-over-year decrease, with the top contract at 459 West Broadway Unit PHS for $13,995,000. There were 11 new listings spread across 11 different buildings, the highest being 421 West Broadway Unit 6 at $11,750,000. Sales came in at 7, also across 7 different buildings, led by 41 Greene Street Unit 5 at $5,800,000.
The single-family segment registered just one transaction in each category: 1 contract at 200 Sixth Avenue for $7,500,000, 1 new listing at 30 Sullivan Street for $19,950,000, and 1 sale at 514 Broome Street for $6,000,000.
Overall, the market is defined by mixed signals, with opportunities for growth emerging amid decreasing supply.
Disclaimer: All information is deemed reliable but not guaranteed. Prices, sales, and listings are subject to change and should be independently verified. This report is for informational purposes only and does not constitute financial or investment advice. Source: MarketProof, $1M+ Sales, 2026
