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Weekly Market Update

Weekly Market Update for Manhattan and Brooklyn October 21-27, 2024

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MANHATTAN

 

In Manhattan, 342 new listings entered the market last week, down 22% from the previous week.

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

24 Manhattan contracts were signed at $5M and above. Condos outsold co-ops 21-0, with three townhouses in the mix.

Noteworthy new contracts last week were: 

1.) 140 JANE STREET, 6FLOOR asking $40.5M.

2.) Three penthouse residences at 211 WEST 84TH STREET, asking $26.95M-$21.5M.

3.) 465 WASHINGTON STREET, PH10 asking $12.995M.

 

BROOKLYN

 

In Brooklyn, 171 new listings entered the market last week, down 15% from the previous week.

Meanwhile, 158 Brooklyn listings entered contract last week, down 2.5% from the previous week.

Noteworthy new contracts in Brooklyn were:

1.) The townhouse at 138 STATE STREET in Brooklyn Heights, asking $6.45M.

2.) The townhouse at 275 WARREN STREET in Cobble Hill, asking $4.995M.

3.) The townhouse at 819 CARROLL STREET in Park Slope, asking $4.85M

 

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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