Manhattan Overview
In June, a total of 890 contracts were signed in Manhattan, representing a 7.87% decline from May but a 0.56% increase compared to
the same time last year These contracts accounted for approximately $2.2 billion in sales, reflecting a 15.54% increase from the previous year
Resale co-ops accounted for 495 signed contracts, showing a 11 29% decrease from May but a 5.10% rise year-over-year. Dollar volume grew 8.29% year-over-year.
Resale condos recorded 282 contracts, a 8.74% decrease from May but a 15.10%
increase year-over-year Dollar volume rose sharply, up 34.81% year-over-year.
Single-family townhouses saw a 83 33%
increase from May and a 69.23% increase year-over-year. Dollar volume also increased 123 73% from May and 151 71% increase compared to the same period last year.
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
Brooklyn Overview
In June, a total of 305 contracts were signed,
representing a 19 53 decrease from May but a
8.54% gain year-over-year. These contracts
accounted for approximately $442 million in
sales, reflecting a 16 66% decrease from May
but a 17 35% increase year-over-year
Resale co-ops recorded 93 signed contracts in
June, marking a 3 13% decrease this time last
year. However, dollar volume surged 20.09%
from this time last year
Resale condos saw 95 contracts signed in
June, representing a 24 00% decrease from
May but a 3 26% rise year-over-year Dollar
volume fell 4.79% year-over-year.
Single-family townhouses experienced a
34.38% increase in contracts signed
compared to May, with dollar volume rising
48 29% year-over-year
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
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The content of this report is based on contracts reported
through listings and may not represent all contracts signed
The date of the contract is determined by the date a listing status changed from active to contract Prices are based on the last asking price before a listing was put into contract
The property information herein is derived from various sources that may include, but not be limited to, county records and the Residential Listing Service, and it may include approximations Although the information is believed to be accurate, it is not warranted, and you should not rely upon it without personal verification
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