Manhattan Overview
In March, a total of 1,057 contracts were signed in Manhattan, a 30.49% increase from February and a 14.64% increase from this time last year These contracts represented $2.5 billion in sales, a month-over-month increase of 19.23%.
547 signed contracts were resale co-ops, representing a 21.56% increase from February and a 9 62% increase year-overyear. Dollar volume decreased slightly by 5.93% from February.
Resale condo contracts totaled 307, representing a 38.91% increase month-overmonth and a 25 82% increase from this time last year, while dollar volume also increased by 32.88% from February.
Single-family townhouses saw a 12.50% increase in contracts signed over the past month but were down 25% from this time last year. Dollar volume decreased 9.50% monthover-month.
AboutThe Coldwell Banker Warburg monthly trend report offers unique insights into sales performance and pricing trends in the Manhattan and Brooklyn residential markets for the prior month
In March, the market saw an uptick in activity across all building types, ending Q1 of 2025 on a strong note Overall, the market saw a 30 49% increase in contracts signed and a 24 75% increase in new listings The resale co-op market had a 21 56% increase in contracts signed, though the dollar volume decreased by 5 93% Resale condos experienced a 38 91% increase in contracts signed and a 34 35% increase in new listings New developments showed a 52 43% increase in contracts signed, with dollar volume increasing by 47 33% Luxury properties saw a 39 25% increase in contracts signed and a 23 31% increase in new listings Single-family townhouses saw a 12 50% increase in contracts signed but experienced a 23 08% increase in new listings
Development
Brooklyn Overview
In March, a total of 366 contracts were signed, a 11 59% increase from February but a 1 88% decrease from this time last year. These contracts represented $553 million in sales, a month-over-month increase of 3 85%
96 signed contracts were resale co-ops, representing a 29 73% increase from February and a 15 66% increase year-overyear. Dollar volume increased by 17.15% from February
Resale condo contracts totaled 89, representing a 12 66% increase month-overmonth but a 1 11% decrease from this time last year, while dollar volume also increased by 18 39% from February
Single-family townhouses saw a 45.45% decrease in contracts signed over the past month also down 29 41% from this time last year. Dollar volume decreased 45.18% monthover-month
About
The Coldwell Banker Warburg monthly trend report offers unique insights into sales performance and pricing trends in the Manhattan and Brooklyn residential markets for the prior month
Building Type
Overall, the market saw an 11 59% increase in contracts signed and a 40 84% increase in new listings The resale co-op market had a 29 73% increase in contracts signed, with the dollar volume increasing by 53 05% Resale condos experienced a 12 66% increase in contracts signed with a corresponding 53 67% increase in new listings New developments showed a 21 05% increase in contracts signed and new listings increased by 22 73% Luxury properties saw a 40 00% increase in contracts signed and an astounding 220 00% increase in new listings Single-family townhouses saw a 45 45% decrease in contracts signed but experienced a 6 83% increase in average PPSF
New Development
Luxury (4M+)
Single-Family Townhouse
