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 2-8, 2024

Share this on:

MANHATTAN

 

In Manhattan, 506 new listings entered the market last week, up 277% from the previous week–typical for the week after Labor Day. 

137 Manhattan contracts were signed last week, down 8.7% from the previous week.

21 Manhattan contracts were signed at $5M and above. Condos outsold co-ops 13-2, with six townhouses in the mix.

Noteworthy new contracts last week were: 

1.) The townhouse at 45 EAST 74TH STREET asking $23.8M.

2.) 140 JANE STREET, 5N asking $23.25M.

3.) 111 WEST 57TH STREET, 27 asking $13M.

 

BROOKLYN

 

In Brooklyn, 249 new listings entered the market last week, up 116% from the previous week.

Meanwhile, 97 Brooklyn listings entered contract last week, which was 5.8% fewer than the previous week.

Noteworthy new contracts in Brooklyn were:

1.) The townhouse at 48 WILLOW PLACE in Brooklyn Heights, asking $12M.

2.) The townhouse at 605 2ND STREET in Park Slope, asking $5.15M.

3.) Domino Square 8 SOUTH 4TH STREET, 36B in Williamsburg, asking $4.4M.

 

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