Manhattan Weekly Snapshot June 22 – 28, 2024
258 contracts signed, up 3% week-over-week and up 8% year-over-yearThis was the first time since February that reported signed contracts have increased annually for three consecutive weeksNew development sales drove the year-over-year increase with 41 signed contracts, an 86% annual increase520 Fifth was key to the robust number of new development sales with 12 contracts reported signedSales improved annually for 15 of 20 categories, including a 40% increase in contracts asking $3 million to $5 millionThe top contract was a 25'-wide Townhouse at Morton Square asking $10.5 million that features a 250 square-foot garden
