1 in 3 Manhattan condos sold for a loss this past year

One in three Manhattan condos sold for a loss over the last year, according to a new report.

The brokerage Brown Harris Stevens recently analyzed more than 2,500 Manhattan condo sales. The findings, reported by the Real Deal , revealed stark losses among one segment of buyers.

The firm counted Manhattan condo resales between July 2024 and July 2025, and found that pads purchased over the last decade fared the worst when it came to resale. 6

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Price corrections, fluctuating mortgage rates and economic uncertainty over the last 10 years have come back to haunt mid-2010s condo buyers.

Of the surveyed condos initially purchased between 2016 and 2020, more than half saw losses.

The 700 surveyed sellers who snagged their condos before 2010, however, largely saw their homes apprecia