Contract activity, or the number of signed contracts, is down 3.7% from last year and 9.7% from the monthly historical average. The median sales price for a Manhattan apartment is $1.19M, reflecting a 16.4% increase compared to a year ago. The supply, or the number of units available on the market, has decreased by 0.6% annually. Meanwhile, the number of pending sales in Manhattan has risen 14.3% year-over-year. The Market Pulse, which represents the pending-to-active ratio, stands at ...