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Q1 '24 real estate reports

Apr 08, 2024
∙ Paid

REAL ESTATE • Q1 Reports

Highlights from a mixed quarter for luxury real estate in Manhattan:

  • The median sales price for luxury sales (top 10%) rose 2.7% YoY to $5.8M (Elliman)

  • Listing inventory rose 9%, the first increase in four quarters (Elliman)

  • Closed sales for the quarter dipped 11.6% (Elliman)

  • The $3-$5M price range saw the biggest increase in contrac…

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