Manhattan Weekly Snapshot August 10 – 16, 2024
204 contracts signed, up 1% week-over-week and up 6% year-over-year
This was the eighth annual increase in signed contracts in ten weeks, and the strongest second week of August since 2021
Versus 2023, new development and resale condo rose by double-digit percentages while resale co-op sales fell slightly
Five of six submarkets displayed year-over-year improvements in contract activity; Midtown sales dipped versus 2023
The top contract was the penthouse at 50 United Nations Plaza asking $39.95 million