Manhattan Weekly Report 8/5/23 ~ 8/11/23
📌203 contracts signed, up 4% weekly but down 6% annually
📌Sales have been up or down by a margin of 15 or fewer for 7 of the past 10 weeks
📌New development sales were up 39% yearly for 5 consecutive weeks
📌Sales over $3M rose 73% annually
📌Sales between $3M to $5M were up 60%; Sales between $5M to $10M nearly tripled
📌Most submarkets saw stable activity except for Upper Manhattan which fell by a deeper amount
