Manhattan Residential Contract-Signings from September 30 - October 6, 2024

Manhattan saw 224 residential apartment and townhouse contracts signed during the first week of October 2024, the highest tally since spring. If all sold at their asking prices, the aggregate total would exceed half a billion dollars in residential sales. The median last asking price dipped slightly to $1.15M, and the average time on the market for signed deals rose to 112 days, driven by several listings that had lingered for years before going into contract.

Aggregate sales and median prices are based on each unit's last publicly displayed asking price before contract signing. The percent change is compared to the prior week.
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