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Weekly Market Update

Weekly Market Update for Manhattan and Brooklyn February 24-March 2, 2025

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MANHATTAN

 

In Manhattan, 370 new listings entered the market last week, up 4.5% from the previous week.

222 Manhattan contracts were signed last week, up 19% from the previous week.

31 Manhattan contracts were signed at $4M and above. Condos outsold co-ops 18-9, with four townhouses in the mix.

Noteworthy new contracts last week were: 

1.) The townhouse at 127 EAST 73RD STREET asking $28,000,000.

2.) 212 WEST 72ND STREET, PHN asking $19,150,000.

3.) 10 SULLIVAN STREET, 10A asking $8,999,000.

 

BROOKLYN

 

In Brooklyn, 189 new listings entered the market last week, up 1.6% from last week.

Meanwhile, 126 Brooklyn listings entered contract last week, down 4.1% from the previous week.

Noteworthy new contracts in Brooklyn were:

1.) The townhouse at 370 CARLTON AVENUE in Fort Greene asking $5,250,000.

2.) The townhouse at 86 BERGEN STREET in Boerum Hill, asking $4,999,999.

3.) The townhouse at 34 1ST PLACE in Carroll Gardens asking $4,250,000.

 

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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