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Weekly Market Update

Weekly Market Update for Manhattan and Brooklyn – June 24-June 30, 2024

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MANHATTAN

 

In Manhattan, 231 new listings entered the market last week, down 19.5% from the previous week.

239 Manhattan contracts were signed last week, up 6.2% from the previous week.

19 Manhattan contracts were signed at $5M and above. Condos outsold co-ops 14-1, with three townhouses and one condop in the mix.

Noteworthy new contracts last week were:

1.) 15 East 93rd Street, asking $12.95M.

2.) 312 WEST 88TH STREET, asking $1165M.

3.) 1 MORTON SQUARE TH6, asking $10.5M.

 

BROOKLYN

 

In Brooklyn, 163 new listings entered the market last week, down 10.4% from the previous week.

Meanwhile, 142 Brooklyn listings entered contract last week, which was 9% more than the previous week.

Noteworthy new contracts in Brooklyn were:

1.) The townhouse at 612 3rd Street in Park Slope, asking $5.995M

2.) The townhouse at 232 8th Street in Park Slope, asking $5.495M

3.) 1 CLINTON STREET, 30B in Brooklyn Heights, asking $4.565M

 

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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