MANHATTAN & BROOKLYN | WEEKLY SCOOP

The In-Between

Similar to our favorite streaming shows, there's a beginning, an end, and everything in between.

In the heart of New York City's bustling real estate seasons - spring and fall - I aim to bring you a condensed weekly update to keep you plugged into the latest action.

CORCORAN WEEKLY REPORT: July 20 to 26th
MANHATTAN | CONDOS & CO-OPS

• Last week, 200 contracts were reported signed in Manhattan, down 5% week-over-week but up 5% year-over-year.

• This was the sixth time in seven weeks that Manhattan contract activity increased on an annual basis.

• Versus a year ago, resale condo sales improved, but resale co-op and new development contracts declined.

• Compared to a year ago, contract activity improved north of 59th Street but declined south of 59th Street.

CORCORAN WEEKLY REPORT: July 20 to 26th
BROOKLYN | CONDOS & CO-OPS

• Last week, 77 contracts were signed, the same number as the week prior but down 10% year-over-year.

• The annual decline was driven by the condo market, which fell 26% (15 sales). Co-op sales actually increased by 21% (six sales).

• Sales priced from $1M to $2M doubled year-over-year because of an increase in two- and three-bedroom sales.

• South Brooklyn had the largest annual increase in sales of any submarket, up ten sales because of strong co-op activity.

All information contained within this document is intended for informational purposes only and is sourced from sources that are considered reliable. Although the information is believed to be accurate, it is presented subject to omissions, errors, modifications, or withdrawal without prior notice. This is not intended to solicit property that has already been listed. Equal Housing Opportunity.