Contract activity, reflected in the number of signed contracts, has seen a notable 21% increase compared to this time last year. However, it has dipped slightly, by 1.7%, when measured against the monthly historical average. In terms of pricing, the median sales price for a Manhattan apartment remains steady at $1.14 million, mirroring last year’s figures. The market has tightened a bit on the supply side, with the number of available units dropping by 3.7% compared to 2023. Despite ...