Manhattan Weekly Report 11/25/23 ~ 12/1/23
📌148 contracts signed, up 7% weekly but down 8% yearly
📌 The weekly increase versus Thanksgiving Week was typical of seasonality.
📌 The annual decline was the sixth so far this Fall.
📌Sales declined yearly was driven by low activity under $3M, while contracts signed over $5M rose 22% annually.
📌 Signed contracts increased north of 59th street but declined south of 59th Street yearly.
📌The highest-priced sales was a $20M penthouse at 1 North Moore Street, featuring a 2,050-square-foot terrace with a pool.