In Manhattan, 429 new listings entered the market last week, up 38% from the previous week, and the highest number of new listings in one week so far in 2023.
233 contracts were signed last week – up 19% from the previous week, and the second highest number of new contracts signed in one week so far in 2023.
31 Manhattan contracts were signed at $4M and above, 8 more deals than the previous week. Condos outsold co-ops 19-10, with one condop and one townhouse in the mix.
Noteworthy new contracts last week were the 64th floor at 230 West 56th Street, asking $14.5M, and #3D at 50 West 66th Street, asking $12.25M.
In Brooklyn, 158 new listings entered the market last week, a 6% decrease from the previous week.
128 Brooklyn listings entered contract last week, which is 14% more than the previous week.
Noteworthy new contracts signed in Brooklyn last week were the townhouse at 355 President St in Carroll Gardens, asking $5.25M, the multifamily building at 51 Fifth Ave in Park Slope, asking $4.950M, and #10A at 50 Bridge Park Drive in Brooklyn Heights, asking $4.8M.
The open house attendance this past weekend climbed to 3.37 parties per open house. This is 17% more than on the weekend of February 25-26, when we recorded 2.88 parties per open house.
22.47% of all open houses in our survey recorded zero attendance. The prior weekend that number was 21.2%. For perspective, on the weekend of December 18 39% of all open houses recorded zero attendance.