Manhattan Overview
In February, a total of 805 contracts were signed in Manhattan, a 16.33% increase from January These 805 signed contracts represented $2 1 billion in sales, a month-over-month increase of 28 61%
447 signed contracts were resale coops, representing an 18 25% increase from January, with a corresponding 44 93% increase in dollar volume
Resale condo contracts totaled 221, representing a 16 93% increase, while dollar volume increased by 31 35% from January
Single-family townhouses saw a 38 46% decrease in contracts signed but experienced a 0 07% increase in dollar volume from January
The Coldwell Banker Warburg monthly trend report offers unique insights into sales performance and pricing trends in the Manhattan and Brooklyn residential markets.
Building Type
New developments showed a 5 21% increase in contracts signed and a 0
in
price Luxury properties saw a 23 26% increase in contracts signed and an increase of 43.79% in dollar volume. Single-family townhouses saw a
contracts signed
Brooklyn Overview
In February, a total of 326 contracts were signed in Brooklyn, a 19 85% increase from January These 326 signed contracts represented $530 million in sales, a month-over-month increase of 25.06%.
74 signed contracts were resale coops, representing a 21.31% increase month-over-month, with a corresponding 51.94% increase in dollar volume.
Resale condo contracts totaled 79, representing a 17.91% increase, while dollar volume increased by 24.72% from January.
Single-family townhouse contracts totaled 44, with a 45.44% increase in dollar volume
The Coldwell Banker Warburg monthly trend report offers unique insights into sales performance and pricing trends in the Manhattan and Brooklyn residential markets.
In February, the
by 19
with an average of 116 days on the market Resale co-ops saw a 21 31% increase in contracts signed and a 51.94% increase in dollar volume. Resale condos experienced a 17.91% increase in contracts signed, while the average price increased by 5.77% and the dollar volume increased by 24.72%.
