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Weekly Market Update

Weekly Market Update for Manhattan and Brooklyn January 6-12, 2025

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MANHATTAN

 

In Manhattan, 304 new listings entered the market last week, up 310% from the first week of the year.

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

22 Manhattan contracts were signed at $5M and above. Condos outsold co-ops 13-1, with seven townhouses in the mix.

Noteworthy new contracts last week were: 

1.) 67 VESTRY STREET, PENTHOUSE asking $48,000,000.

2.) 277 FIFTH AVENUE, PENTHOUSE54 asking $20,000,000.

3.) The townhouse at 160 EAST 83RD STREET asking $17,500,000.

 

BROOKLYN

 

In Brooklyn, 163 new listings entered the market last week, up 98% from the first week of 2025.

Meanwhile, 92 Brooklyn listings entered contract last week, up 5% from the previous week.

Noteworthy new contracts in Brooklyn were:

1.) The townhouse at 193 CARLTON AVENUE in Fort Greene asking $5,850,000.

2.) 90 FURMAN STREET, S106 in Brooklyn Heights, asking $5,695,000.

3.) The townhouse at 175 SAINT MARKS AVENUE in Prospect Heights asking $5,000,000.

 

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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