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Weekly Market Update

Weekly Market Update for Manhattan and Brooklyn March 3-March 9, 2025

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MANHATTAN

 

In Manhattan, 474 new listings entered the market last week, up 28% from the previous week.

248 Manhattan contracts were signed last week, up 12% from the previous week.

38 Manhattan contracts were signed at $4M and above. Condos outsold co-ops 29-5, with three townhouses and one condop in the mix.

Noteworthy new contracts last week were: 

1.) 838 Fifth Ave #6 asking $24,000,000.

2.) 111 WEST 57TH STREET, 67 asking $20,000,000.

3.) 150 CHARLES STREET, M6 asking $17,995,000.

 

BROOKLYN

 

In Brooklyn, 265 new listings entered the market last week, up 38% from last week.

Meanwhile, 138 Brooklyn listings entered contract last week, up 8.7% from the previous week.

Noteworthy new contracts in Brooklyn were:

1.) The townhouse at 297 PACIFIC STREET in Boerum Hill asking $8,500,000.

2.) The townhouse at 82 3RD PLACE in Carroll Gardens, asking $4,675,000.

3.) 280 SAINT MARKS AVENUE, THE in Prospect Heights asking $3,800,000.

 

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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