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Weekly Market Update

Weekly Market Update for Manhattan and Brooklyn January 20-26, 2025

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MANHATTAN

 

In Manhattan, 363 new listings entered the market last week, up 59% from the previous week.

197 Manhattan contracts were signed last week, up 52% from the previous week.

14 Manhattan contracts were signed at $4M and above. Condos outsold co-ops 8-3, with one condop and two townhouses in the mix.

Noteworthy new contracts last week were: 

1.) 730 PARK AVENUE, PH19/20C asking $29,950,000.

2.) 111 WEST 57TH STREET, 43 asking $22,750,000.

3.) 50 WEST 66TH STREET, 40S asking $22,750,000.

 

BROOKLYN

 

In Brooklyn, 190 new listings entered the market last week, up 16% from last week.

Meanwhile, 100 Brooklyn listings entered contract last week, up 25% from the previous week.

Noteworthy new contracts in Brooklyn were:

1.) 314 HICKS STREET in Brooklyn Heights asking $7,200,000.

2.) 381 BERGEN STREET, GARDEN in Park Slope, asking $3,799,000.

3.) 34 MADISON STREET in Bed-Stuy asking $3,400,000.

 

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.

Local Knowledge and a Global Network

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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