The Contract activity, or the number of signed contracts, is up 13.4% year over year, the same as the monthly historical average, with 1,089 closed contracts.

The median sales price for a Manhattan apartment is $1.19M, reflecting a 5.8% increase compared to a year ago.

The supply, or the number of units available on the market, is really close to last year’s, as it has decreased by just 1% annually.

Meanwhile, the number of pending sales in Manhattan has risen 25.6% yearly.

The Market ...