Manhattan's Residential market has ended 2024 with solid demand, with luxury leading the way. Sales in the three months through December rose by 3.7 percent to 2,496, according to a quarterly report from Douglas Elliman, prepared by Miller Samuel, which weighed co-op, condo, and luxury units.
While that marked a gain for the second time in three quarters, it was below the quarterly decade average of 2,611. That comes as listing inventories experienced a 3.9 percent decline.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.