Manhattan Weekly Snapshot October 5 – 11, 2024
📌A four-month high of 243 contracts signed, up 10% from the previous week and up 54% year-over-year
📌This was the most significant year-over-year increase for Manhattan contract activity since November 2021
📌New development sales saw the greatest annual increase for the second week in a row, up 78% year-over-year
📌Sales over $5 million rose 82% annually to 20 deals, which included a three-year high of 13 contracts reported over $10 million
