The average price for residential real estate in Manhattan, New York increased for luxury, new developments, and condos. Conversely, prices for re-sale and co-op properties declined slightly. In the third quarter of 2024, the average square footage price for a re-sale property was ***** U.S. dollars per square foot.

Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet in New York (MEDLISPRIPERSQUFEENY) from Jul 2016 to Oct 2025 about square feet, NY, listing, median, price, and USA.

The average asking rent for Class A office space in Midtown Manhattan was ***** U.S. dollars per square foot in the second quarter of 2025. It was above the Manhattan average of ***** U.S. dollars but below that of Midtown South, which was the most expensive district at ***** U.S. dollars per square foot. What is Class A real estate?Class A real estate refers to the best properties in terms of appearance, age, quality of infrastructure and location. These properties usually command the highest rental rates, due to their high quality. In the U.S., Manhattan has the most expensive rents for Class A offices.Midtown vs Midtown SouthMidtown Manhattan contains the Empire State Building, MoMA, Grand Central Station, and the United Nations Headquarters. The most expensive submarket there was Plaza District in 2025. Meanwhile, Midtown South is home to Madison Square Garden, Pennsylvania Station, Hudson Yards, and Koreatown. In 2025, the most expensive submarket there was Hudson Yards, followed by Chelsea and Hudson Square.

Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet in Manhattan, KS (CBSA) (MEDLISPRIPERSQUFEE31740) from Jul 2016 to Oct 2025 about Manhattan, KS, square feet, listing, median, price, and USA.

Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet in New York-Newark-Jersey City, NY-NJ-PA (CBSA) (MEDLISPRIPERSQUFEE35620) from Jul 2016 to Oct 2025 about square feet, NJ, New York, PA, NY, listing, median, price, and USA.

The amount of office space in Midtown Manhattan amounted to ****** million square feet in the second quarter of 2025. This was the largest district in terms of office inventory, followed by Midtown South and Downtown Manhattan. Importance of New York for office spaceManhattan is the most famous borough of New York City, and is home to the headquarters of many international organizations as well as multinational corporations, such as the United Nations, Citi and Pfizer. The borough is also located on an island in the middle of the city, which means that the volume of space is limited in supply and that real estate is in high demand there. Asking rents in the borough are, consequently, very high. Availability of office spaceThe availability rate of office space in Manhattan varies between the districts but is almost ** percent on average. This means that roughly ** percent of total rentable space is available.

The average Class B asking rent for office real estate in Manhattan in the fourth quarter of 2023 was ***** U.S. dollars per square foot. The district that reported the highest average Class B rent was Midtown South, where a square foot of space cost ***** U.S. dollars. Between the fourth quarter of 2022 and the fourth quarter of 2023, rents in Midtown South increased, while in Midtown and Downtown, they declined.

This statistic shows the median size of new residential units in Manhattan and Brooklyn, New York in the first quarter 2018. In that quarter, the median size of newly developed two-bed units sold in Manhattan amounted to ***** square feet, whereas the median size of those sold in Brooklyn was ***** square feet.

Housing Inventory: Median Listing Price per Square Feet in Manhattan, KS (CBSA) was 139.00000 U.S. $ in October of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Median Listing Price per Square Feet in Manhattan, KS (CBSA) reached a record high of 139.00000 in September of 2025 and a record low of 83.00000 in January of 2018. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Median Listing Price per Square Feet in Manhattan, KS (CBSA) - last updated from the United States Federal Reserve on November of 2025.

Manhattan, NY, was the market where renting an office was most expensive in the United States in 2025. The average annual quoted square footage rent of office space was close to ***** U.S. dollars in the second quarter of the year. In Dallas, the market with the second-largest inventory, the annual rent amounted to ***** U.S. dollars per square foot. Since the onset of the coronavirus pandemic, the office real estate sector has been suffering an increase in office vacancies, affecting both downtown and suburban properties. Data on the sales prices of office property also indicates a notable decrease in office real estate valuations.

Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet in New York County, NY (MEDLISPRIPERSQUFEE36061) from Jul 2016 to Oct 2025 about New York County, NY; square feet; New York; NY; listing; median; price; and USA.

Housing Inventory: Median Listing Price per Square Feet Year-Over-Year in Manhattan, KS (CBSA) was 9.62% in September of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Median Listing Price per Square Feet Year-Over-Year in Manhattan, KS (CBSA) reached a record high of 21.63 in June of 2022 and a record low of -5.99 in November of 2017. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Median Listing Price per Square Feet Year-Over-Year in Manhattan, KS (CBSA) - last updated from the United States Federal Reserve on November of 2025.

Home of the New York Stock Exchange, Times Square, the Theater District, and countless other landmarks, Manhattan is undoubtedly among the most expensive commercial real estate markets in the United States. On 5th Ave (49th St. - 59th St.), the annual asking rent of retail space reached ***** U.S. dollars per square foot in the first half of 2025. Broadway & 7th Ave (42nd St. - 47th St.) had the second-highest rent among Manhattan corridors, with a median asking rent of ***** U.S. dollars.

The average Class A asking rent for office real estate in Downtown Manhattan in the fourth quarter of 2023 varied significantly among submarkets. Tribeca had the highest average Class A rent of ****** U.S. dollars per square foot. Renting a square foot of Class A property in Tribeca cost more than double the cost in all the other submarkets in Downtown Manhattan. Meanwhile, the Insurance District was the only district where Class A office rents rose between 2022 and 2023.

Housing Inventory: Median Listing Price per Square Feet Month-Over-Month in Manhattan, KS (CBSA) was 0.30% in October of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Median Listing Price per Square Feet Month-Over-Month in Manhattan, KS (CBSA) reached a record high of 16.08 in February of 2022 and a record low of -4.33 in September of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Median Listing Price per Square Feet Month-Over-Month in Manhattan, KS (CBSA) - last updated from the United States Federal Reserve on November of 2025.

Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet in Riley County, KS (MEDLISPRIPERSQUFEE20161) from Jul 2016 to Oct 2025 about Riley County, KS; Manhattan; KS; square feet; listing; median; price; and USA.

Booming North American industrial real estate market analysis reveals a CAGR exceeding 4.50%, driven by e-commerce, nearshoring, and manufacturing growth. Discover key trends, market size projections to 2033, top players, and regional insights. Invest wisely in this lucrative sector. Recent developments include: December 2021: Boston Properties Inc. (the largest publicly traded developer, owner, and manager of Class A office properties) announced that it completed the acquisition of 360 Park Avenue South, a 450,000 square-foot, 20-story office property located in the Midtown South submarket of Manhattan, New York, from Enterprise Asset Management Inc. (an investment management firm). Furthermore, the gross purchase value accounted for approximately USD 300 million., December 2021: Boston Properties Inc. announced a joint venture in which the company has a 49% ownership and executed a 229,000 square foot lease with a leading biotech company at the venture's 751 Gateway project in South San Francisco, California. The lease covers the entire building, which is currently under construction, with initial occupancy expected in early 2024.. Notable trends are: Increasing Rental Prices of Office Spaces.

The average Class A asking rent for office real estate in Midtown, Manhattan in the fourth quarter of 2023 varied significantly among submarkets. Plaza District had the highest average Class A rent of ***** U.S. dollars per square foot, while the U.N. Plaza had the lowest rate of ***** U.S. dollars per square foot. Times Square was the only submarket where rents rose between 2022 and 2023.

The average Class B asking rent for office real estate in Midtown, Manhattan in the fourth quarter of 2023 varied by submarket. Columbus circle had the highest average Class B rent of ***** U.S. dollars per square foot, while Times Square had the lowest rate of ***** U.S. dollars per square foot. The average class B asking rent in Midtown was ***** U.S. dollars in that quarter.

The average asking rent for office space in Midtown Manhattan in the fourth quarter of 2023 was highest in the Plaza District. The square foot of space cost 93.3 U.S. dollars to rent in that quarter. The cheapest submarket to rent office space was Columbus Circle, where a square foot cost 68.32 U.S. dollars. Times Square was the only district where the average rent rose between the fourth quarter of 2022 and the fourth quarter of 2023.