Manhattan Weekly Snapshot February 17th – 23rd, 2024
📌214 contracts signed, down 8% weekly but up 3% yearly
📌This was the sixth time in eight weeks that contract activity was stronger than 2023
📌New development sales and resale co-op improved, compared to last year
📌Resale condo sales declined, compared to last year
📌Signed contracts in every price range over $1M were level or improved compared to a year ago
📌This was the best week for contracts asking over $5M since September 2023.