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Weekly Market Update

Weekly Market Update for Manhattan and Brooklyn February 17-23, 2025

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MANHATTAN

 

In Manhattan, 355 new listings entered the market last week, up 10% from the previous week.

187 Manhattan contracts were signed last week, down 12% from the previous week.

18 Manhattan contracts were signed at $4M and above. Condos outsold co-ops 13-1, with four townhouses in the mix.

Noteworthy new contracts last week were: 

1.) 345 WEST 14TH STREET, PH asking $22,000,000.

2.) Sutton Tower 430 EAST 58TH STREET, PH48 asking $16,000,000.

3.) The townhouse at 304 FIFTH AVENUE asking $15,500,000.

 

BROOKLYN

 

In Brooklyn, 186 new listings entered the market last week, up 35% from last week.

Meanwhile, 121 Brooklyn listings entered contract last week, down 4.7% from the previous week.

Noteworthy new contracts in Brooklyn were:

1.) Bergen Brooklyn 323 BERGEN STREET, 517E in Boerum asking $3,425,000.

2.) 389 BERGEN STREET, 2 in Park Slope, asking $3,400,000.

3.) The townhouse at 637 CARLTON AVENUE in Prospect Heights asking $3,250,000.

 

Data for this report is deemed reliable at the time of collection, but is not guaranteed accurate. Data points were collected from ReSource and Urbandigs. Analysis and conclusions are subject to errors, omissions and revisions.

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With over a decade of expertise in Manhattan and Brooklyn, Brandon Mason looks forward to providing you with a real estate experience that is second to none. Feel free to explore our website, and contact Brandon with any questions you may have.

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