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Weekly Market Update

Weekly Market Update for Manhattan and Brooklyn February 3-9, 2025

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MANHATTAN

 

In Manhattan, 338 new listings entered the market last week, up 21% from the previous week.

209 Manhattan contracts were signed last week, up 26% from the previous week.

30 Manhattan contracts were signed at $4M and above. Condos outsold co-ops 24-6, with no townhouses in the mix.

Noteworthy new contracts last week were: 

1.) 25 BOND STREET, PHW asking $39,500,000.

2.) 56 LEONARD STREET, PH56 asking $36,500,000.

3.) 111 WEST 57TH STREET, 49 asking $24,250,000.

 

BROOKLYN

 

In Brooklyn, 185 new listings entered the market last week, up 5% from last week.

Meanwhile, 126 Brooklyn listings entered contract last week, up 0% from the previous week.

Noteworthy new contracts in Brooklyn were:

1.) The townhouse at 36 SCHERMERHORN STREET in Brooklyn Heights asking $6,995,000.

2.) The townhouse at 108 WILLOW STREET in Brooklyn Heights, asking $6,200,000.

3.) 245 WASHINGTON AVENUE in Clinton Hill asking $5,800,000.

 

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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