Manhattan Weekly Snapshot June 22 – 28, 2024
258 contracts signed, up 3% week-over-week and up 8% year-over-year
This was the first time since February that reported signed contracts have increased annually for three consecutive weeks
New development sales drove the year-over-year increase with 41 signed contracts, an 86% annual increase
520 Fifth was key to the robust number of new development sales with 12 contracts reported signed
Sales improved annually for 15 of 20 categories, including a 40% increase in contracts asking $3 million to $5 million
The top contract was a 25'-wide Townhouse at Morton Square asking $10.5 million that features a 250 square-foot garden