MANHATTAN & BROOKLYN | WEEKLY SCOOP

The In-Between

Just like our favorite streaming series, every story has a beginning, an end, and the all-important in-between.

In-between each monthly scoop, NYC’s real estate market continues to churn with transactions. I’m here to keep you in the loop. Expect a concise, weekly snapshot of the market’s latest moves—straight to the point, just for you.

WEEKLY REPORT: Apr 12 to 18, 2025
MANHATTAN | CONDOS & CO-OPS

• Contract Volume Holding Strong: 222 contracts were signed across Manhattan, a slight 5% dip from the previous week but a solid 7% increase year-over-year, indicating stable buyer demand despite seasonal fluctuations.

• Luxury Market Momentum: The $2M–$3M price bracket led the charge with 41% more contracts than the same week in 2024, signaling renewed interest in high-end inventory. In contrast, sub-$1M activity remained flat.

• Neighborhood Highlights: The Upper East Side continued to dominate with 41 contracts signed, followed by the Upper West Side (34), and Downtown below 14th Street (36), showing a balanced spread of activity across the borough.

• Product Type Mix: Condos remained the top choice, representing 129 deals, while co-ops trailed with 88 contracts. Only 5 townhouses were signed, suggesting limited inventory or buyer preference shifting toward apartments.

WEEKLY REPORT: Apr 12 to 18, 2025
BROOKLYN | CONDOS & CO-OPS

• Sales Volume Dips: Only 66 contracts were signed, down 20% from the previous week and 24% from the same period last year. The drop reflects broader market caution or constrained inventory in key submarkets.

• Diverging Trends by Product Type: Condo sales held steady at 38 deals, while co-op contracts fell significantly—down 38% week-over-week and 13% year-over-year—suggesting shifting buyer preferences or limited co-op listings.

• Upswing in Mid-to-High-End Sales: The $2M–$3M segment posted a 75% increase week-over-week, defying overall softness. However, deals over $3M remained flat and well below 2024 levels, indicating continued selectivity at the top.

• Top Contracts Spotlight: Notable high-end deals included 9 Garden Place ($5.6M, 4BR), Brooklyn Point 57E ($3.05M), and The Huron 12BE ($3.125M), all demonstrating that prime, turnkey homes continue to command strong interest.