Market Overview I Upper West Side I May 2026
Every month, we dive into the $1M+ overall market to uncover trends, then take a closer look at new developments, the $4M+ luxury segment, and the key factors shaping our city’s real estate landscape.
In May 2026, the real estate market in the Upper West Side, Lincoln Square, and Manhattan Valley areas exhibited varied dynamics across different market segments.
Market-wide above $1M, there were 128 signed contracts throughout the month of May, with the top being at the new development 50 West 66th Street, Unit 41W at $16,700,000. There were 163 new listings, a 19% decrease year over year, with the top being 211 West 84th Street, PHW for $26,880,000. There were 92 recorded sales this month, with the top being 211 West 84th Street, PHA for $28,690,730.
The new development market saw a 31% dip in contracts signed year over year, though average prices climbed 39% over the same period. In total, 11 contracts were signed this month. On the listings side, there were 21 new listings, a solid 32% increase year over year and a whopping 90% jump month over month, with average prices up 40% year over year as well. As for sales, there were 20 recorded this month, also reflecting a strong 44% year over year increase in average price.
In the luxury ($4M+) segment, there were 24 contracts signed at an average price of $7.85M, along with 37 new listings and 23 sales throughout May.
On the single family home front, there were 2 contracts signed at 69 West 83rd Street and 135 West 77th Street, one new listing at 143 West 94th Street, and two sales at 33 West 95th Street and 347 West 71st Street.
