Manhattan Weekly Report December 30, 2023 – January 5, 2024
📌146 contracts signed, up 32% weekly and 13% yearly
📌Signed contracts increased on an annual basis for a third consecutive week, which hasn't happened since March 2022.
📌Resale co-ops drove the annual increase
📌New development and resale condo sales both declined annually
📌Contract activity improved for the submarkets between 34th Street and 110th Street but fell elsewhere
📌4 contracts at Billionaire's Row properties were reported signed