Manhattan Weekly Snapshot May 4 – 10, 2024
📌263 contracts signed, up 23% weekly but down 5% yearly
📌Highest number of signed contracts reported in eight weeks, also the case in 2023
📌Second week of May is typically the strongest or second-best week of the year for contract activity in Manhattan
📌9 of 20 categories saw year-over-year gains in activity
📌67% increase in Financial District & BPC sales
📌At 23 contracts signed, this was the strongest week for sales over $5 million since the week of May 27, 2023
📌Fourth consecutive week with 20 or more sales over $5 million, something that last happened in Spring 2022
