MANHATTAN

In Manhattan, 560 new listings entered the market last week, up 3.1% from the previous week and up 8.5% from the same week last year.

131 Manhattan contracts were signed last week, up 9.2% from the previous week and down 33.2% from the same week last year.

23 Manhattan contracts were signed at $4M and above last week. Condos outsold co-ops 16-4, with 3 townhouses in the mix.

Noteworthy new contracts last week were:

1.) 211 WEST 84TH STREET, PHWEST asking $26,880,000.

2.) 175 FIFTH AVENUE, 19NORTH asking $25,500,000.

3.) 20 WEST 53RD STREET, 18B/C asking $24,995,000.

Rates crossing 7% didn't stop Manhattan's luxury sellers from testing the market. New listings ticked up a modest 3.1% to 560, but the composition shifted dramatically: $4M+ supply nearly doubled its share of new inventory, from 12% to 21%, with 117 fresh luxury listings hitting in a single week.

Contracts rose 9.2% to 131, a solid week on its face, though still down a third from this time last year, when rates sat meaningfully lower. The luxury tier outperformed expectations: $4M+ and $2M-$4M contracts tied at 15% share each, an unusually strong showing for the top of the market during a week when rates spiked.

Active supply jumped 13.3% to 5,464, still 14.4% below last year, and liquidity fell 5.4% to 598 as the rate shock began working through the buyer pool.

$4M+ contracts now carry a 139-day median days-on-market — the longest of any tier — meaning patient buyers at the top continue to hold real leverage even as sellers keep testing higher price points.

BROOKLYN

In Brooklyn, 322 new listings entered the market last week, up 9.2% from the previous week and up 30.4% from the same week last year.

113 Brooklyn listings entered contract last week, up 28.4% from the previous week and flat with the same week last year.

Noteworthy new contracts in Brooklyn were:

1.) The townhouse at 43 8TH AVENUE in Windsor Terrace, asking $7,995,000.

2.) 8 SOUTH 4TH STREET, PH1D in Williamsburg, asking $6,060,000.

3.) 9 GARDEN PLACE, 1 in Brooklyn Heights, asking $4,200,000.

Brooklyn crossed a threshold this week that's been building for months: active supply flipped positive year-over-year for the first time this cycle, up 7.4% to 3,594 and now 2.2% above last September.

Fresh inventory (under 30 days) climbed to 25% of the market, the best fall selection window buyers have seen all year.

Demand kept pace — contracts surged 28.4% to 113, the strongest fall week yet, with the $1M-$2M tier leading activity for the first time this year at 41%. Brooklyn's core buyer segment is transacting even as rates crossed 7%.

Like Manhattan, UrbanDigs' longer-run data shows Brooklyn's contract volume tracks the calendar more reliably than it tracks the 30-year rate — a pattern that held again this week, with signings rising even as borrowing costs posted their sharpest weekly jump of 2026.

_{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.}