Financial District.

Financial District's active market carries 325 listings at a median ask of $1,250,000 and $1,285 per square foot, with a median days-on-market of 72 — roughly 40% longer than what peers like Tribeca and Hudson Square are clearing. That DOM figure is the most telling single data point: sellers are not moving product quickly, and the bid-ask friction visible at the building level explains why. At 1 Wall Street, a 1931 conversion that ranks among the neighborhood's highest-profile residential addresses, ACRIS records 24 closings at a $2,172,500 median against 26 active asks priced at $2,367,500 — a gap of 8.2% that buyers have consistently refused to close. At 75 Wall Street, the spread is wider in percentage terms but tighter in dollar terms: 20 ACRIS-recorded closings at $962,500 versus asking inventory at $1,062,000, a 9.4% discount. Both buildings illustrate the same dynamic — sellers list above where the market has actually transacted, and buyers extract that concession at the table.

ACRIS records 382 deeds in the trailing 12 months at a $1,322,500 median — 5.8% above the current active median ask of $1,250,000. That inversion is unusual and warrants attention: it means the pool of homes currently listed skews lower in price than what actually traded over the past year, either because higher-end owners are not listing, or because the active supply is concentrated in smaller or lower-floor units. The building-level data at 25 Broad Street sharpens that point: 16 ACRIS closings there recorded a $962,500 median, yet 14 active asks sit at $1,495,000 — a 35.6% premium to recent cleared prices that stands as the starkest ask-to-close divergence in the leaderboard. By contrast, 15 William Street presents the inverse: 16 closings at $1,373,000 versus active asks at $1,290,000, meaning sellers there are pricing below where the building has historically transacted. With six loft listings and six new-construction units active out of 325 total, the supply base is overwhelmingly existing residential product in converted commercial stock — the structural identity of the neighborhood — and that concentration defines where price discovery continues to be contested.