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Weekly Market Update

Weekly Market Update for Manhattan and Brooklyn May 19-25, 2025

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MANHATTAN

 

In Manhattan, 334 new listings entered the market last week, down 24% from the previous week.

233 Manhattan contracts were signed last week, up 2% from the previous week.

A whopping 49 Manhattan contracts were signed at $4M and above last week. This was the highest number of $4M+ weekly contracts since November of 2021. Condos outsold co-ops 33-12, with one condop and three townhouses in the mix.

Noteworthy new contracts last week were: 

1.) 80 CLARKSON STREET, SOUTH DUPLEX 15B asking $25,875,000.

2.) 500 WEST 18TH STREET, EAST 24A asking $13,895,000.

3.) 2 HORATIO STREET, 12G/14G asking $12,000,000.

 

BROOKLYN

 

In Brooklyn, 187 new listings entered the market last week, down 27% from the previous week.

Meanwhile, 152 Brooklyn listings entered contract last week, up 7% from the previous week.

Noteworthy new contracts in Brooklyn were:

1.) The townhouse at 219 KANE STREET in Cobble Hill asking $9,950,000.

2.) The townhouse at 600 2ND STREET in Park Slope, asking $7,990,000.

3.) The townhouse at 1 PROSPECT PARK WEST, 6G in Park Slope asking $5,195,000.

 

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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