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Weekly Market Update

Weekly Market Update for Manhattan and Brooklyn January 13-19, 2025

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MANHATTAN

 

In Manhattan, 228 new listings entered the market last week, down 26% from the previous week.

130 Manhattan contracts were signed last week, down 19% from the previous week.

19 Manhattan contracts were signed at $5M and above. Condos outsold co-ops 11-5, with three townhouses in the mix.

Noteworthy new contracts last week were: 

1.) 535 WEST END AVENUE, 16 asking $16,500,000.

2.) 56 LEONARD STREET, 38WEST asking $15,375,000.

3.) 200 EAST 75TH STREET, 14A asking $11,650,000.

 

BROOKLYN

 

In Brooklyn, 162 new listings entered the market last week, down .6% from last week.

Meanwhile, 80 Brooklyn listings entered contract last week, down 13% from the previous week.

Noteworthy new contracts in Brooklyn were:

1.) 32 BUTLER STREET in Cobble Hill asking $6,295,000.

2.) 34 NORTH 7TH STREET, 7T in Williamsburg, asking $4,995,000.

3.) 323 BERGEN STREET, PH704W in Boerum Hill asking $4,850,000.

 

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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