Manhattan Weekly Report 10/7/23 ~ 10/13/23
📌158 contracts signed, down 10% weekly and 11% yearly
📌Reported signed contracts this year have been declining yearly for the 31st week
📌Resales experienced annual declines, but new development activity was level year-over-year
📌Upper Manhattan and Upper East Side showed annual increase due to resales under $3M
📌The top contract was a 6-bedroom at One High Line. This was One High Line’s 23rd reported contract asking over $5M
