Leave a Message

Thank you for your message. We will be in touch with you shortly.

Weekly Market Update

Weekly Market Update for Manhattan and Brooklyn September 16-22, 2024

Share this on:

MANHATTAN

 

In Manhattan, 461 new listings entered the market last week, down 7.4% from the previous week.

170 Manhattan contracts were signed last week, up 1.2% from the previous week.

17 Manhattan contracts were signed at $5M and above. Condos outsold co-ops 13-3, with one townhouse in the mix.

Noteworthy new contracts last week were: 

1.) 960 FIFTH AVENUE, 12 asking $60M.

2.) The Surrey 20 EAST 76TH STREET, 12A asking $28M.

3.) 111 WEST 57TH STREET, 66 asking $19.75M.

 

BROOKLYN

 

In Brooklyn, 270 new listings entered the market last week, down 3.9% from the previous week.

Meanwhile, 102 Brooklyn listings entered contract last week, which was 6% fewer than the previous week.

Noteworthy new contracts in Brooklyn were:

1.) The townhouse at 257 HENRY STREET in Brooklyn Heights, asking $8.5M.

2.) Olympia DUMBO 30 FRONT STREET, 31A in DUMBO, asking $8.025M.

3.) The townhouse at 127 HICKS STREET in Williamsburg, asking $7.5M.

 

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.

Local Knowledge and a Global Network

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.

Let's Connect