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Weekly Market Update

Weekly Market Update for Manhattan and Brooklyn – June 17-June 23, 2024

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MANHATTAN

 

In Manhattan, 287 new listings entered the market last week, down 10% from the previous week.

225 Manhattan contracts were signed last week, down 3.4% from the previous week.

22 Manhattan contracts were signed at $5M and above. Condos outsold co-ops 13-6, with three townhouses in the mix.

Noteworthy new contracts last week were:

1.) The Beresford 211 Central Park West #19D/20D asking $19.5M.

2.) 505 WEST 19TH STREET, PH1 asking $17.5M.

3.) 812 PARK AVENUE, PHB asking $16M.

 

BROOKLYN

 

In Brooklyn, 182 new listings entered the market last week, down 5.2% from the previous week.

Meanwhile, 131 Brooklyn listings entered contract last week, which was 3% fewer than the previous week.

Noteworthy new contracts in Brooklyn were:

1.) The townhouse at 92 AMITY STREET in Cobble Hill, asking $6.695M

2.) The townhouse at 453 STATE STREET in Boerum Hill, asking $5.799M

3.) The townhouse at 313A STATE STREET, 1/2 in Boerum Hill, asking $4.825M

 

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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