Manhattan Weekly Report 9/2/23 ~ 9/8/23
📌115 contracts signed, down 29% weekly and annually
📌Sales reached the lowest weekly total since last Christmas due to Labor Day
📌Sales below $5M declined by 25% year-over-year.
📌Contracts above $5M tripled vs. last year due to activity in Chelsea and the Upper East Side
📌The highest priced contract was a 4-bed residence at Central Park Tower asking over $9,000 per square foot
