"Sales dollar volume in Manhattan and Brooklyn finished above not 2023, but the average for the last 10 years. Pricing held steady in the face of falling supply."
"The borough benefitted from a market duality, a relatively abundant supply of luxury apartments sated the needs of wealthy buyers who could navigate the high-rate environment."
"The demand in Manhattan outpaced supply, and inventory shrunk from over 5,000 units to just under 4,500 units, according to Marketproof."
"Contracts were up 14 percent from 2023 and dollar volume was up 28 percent, making it one of the strongest selling years of the last decade."
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