Manhattan Weekly Snapshot August 31– September 6, 2024
158 contracts signed, down 5% from the previous week due to Labor Day but up 37% year-over-year
This was the most significant year-over-year percentage increase in signed contracts since the first week of February
Activity rose across all product types versus 2023, led by new development sales, which nearly tripled year-over-year
Sales over $5 million jumped 64% annually, the greatest year-over-year increase over $5 million since November 2023