Manhattan Weekly Report 10/21/23 ~ 10/27/23
📌185 contracts signed, down 12% weekly but up 6% yearly
📌Last week was the 3rd time since Labor Day that weekly contracts signed increased yearly
📌New development contracts fell over 50% annually - The lowest since May 2020
📌Contracts under $5M rose 9% yearly
📌Contracts over $5M declined yearly by double-digits
📌The top contract was a resale co-op - The Majestic, PH18EF, signed asking $19,950,000
