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Weekly Market Update

Weekly Market Update for Manhattan and Brooklyn March 24-March 30, 2025

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MANHATTAN

 

In Manhattan, 437 new listings entered the market last week, down 16% from the previous week.

265 Manhattan contracts were signed last week, down 6% from the previous week.

42 Manhattan contracts were signed at $4M and above. Condos outsold co-ops 32-8, with two townhouse in the mix.

Noteworthy new contracts last week were: 

1.) 108 LEONARD STREET, PHN asking $24,450,000.

2.) 1 CENTRAL PARK SOUTH, 10071009 asking $23,000,000.

3.) 111 WEST 57TH STREET, 44 asking $23,000,000.

 

BROOKLYN

 

In Brooklyn, 227 new listings entered the market last week, down 7% from last week.

Meanwhile, 128 Brooklyn listings entered contract last week, down 12% from the previous week.

Noteworthy new contracts in Brooklyn were:

1.) The townhouse at 176 STATE STREET in Brooklyn Heights asking $5,995,000.

2.) The townhouse at 32 BUTLER STREET in Cobble Hill, asking $5,600,000.

3.) 555 CARLTON AVENUE in Prospect Heights asking $5,500,000.

 

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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