Manhattan Weekly Report 10/28/23 ~ 11/3/23
📌199 contracts signed, up 8% weekly but down 1% yearly
📌Last week was the 2nd strongest week for Manhattan sales since August due to seasonality
📌Manhattan sales in the last 6 weeks were level with 2022, totaling 1,097 contracts vs. 1,099 last year
📌New development sales rebounded vs. last week, up 167% weekly and 26% yearly
📌Sales under $1 million saw their fifth annual increase this year
📌Contracts over $5 million more than doubled vs. 2022