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Weekly Market Update

Weekly Market Update for Manhattan and Brooklyn September 23-29, 2024

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MANHATTAN

 

In Manhattan, 383 new listings entered the market last week, down 17% from the previous week.

180 Manhattan contracts were signed last week, up 5.9% from the previous week.

19 Manhattan contracts were signed at $5M and above. Condos outsold co-ops 15-2, with two townhouses in the mix.

Noteworthy new contracts last week were:

1.) The Henry, by Robert A.M. Stern at 211 WEST 84TH STREET, 7A asking $15.45M.

2.) The Surrey 20 EAST 76TH STREET, 11A asking $12.75M.

3.) 100 ELEVENTH AVENUE, 17B/18 asking $12M.

 

BROOKLYN

 

In Brooklyn, 193 new listings entered the market last week, down 28% from the previous week.

Meanwhile, 112 Brooklyn listings entered contract last week, which was 12% more than the previous week.

Noteworthy new contracts in Brooklyn were:

1.) The townhouse at 170 CLINTON STREET in Brooklyn Heights, asking $13.98M.

2.) The townhouse at 439 5TH STREET in Park Slope, asking $5.999M.

3.) One Domino Square at 8 SOUTH 4TH STREET, 26A/B in Williamsburg, asking $5.83M.

 

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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