Manhattan Weekly Report 8/26/23 ~ 9/1/23
📌163 contracts signed, down 14% weekly and 11% annually
📌Last week’s annual decline was the largest since the Fourth of July holiday.
📌Sales above $5M held steady year-over-year,
📌Sales above $5M nearly doubled vs. last week thanks to multiple deals at 35 Hudson Yards.
📌The highest priced contract was a resale at 432 Park asking $92M, the highest priced contract reported this year.