Manhattan's luxury market experienced a slight decline in deals, with a high-priced property at 432 Park Avenue seeing a significant drop in asking price from $18.2 million to $12.4 million since its listing in 2015.
The second most expensive property was a townhouse at 244 West 11th Street, priced at $10 million, down from $12 million. It includes plans for expansion, previously purchased for $8.5 million in 2021.
In the past week, Manhattan saw 26 contract signings, with condos being the most common type. The combined asking price for the homes was $163.5 million, showing an average price of $6.5 million and a median price of $6.2 million.
#manhattan-luxury-market #property-listings #real-estate-trends #high-end-properties #contract-signings
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