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📊 Market Update: Navigating the Shifts in NYC Real Estate 🏙️ Last week brought some interesting movements in the NYC real estate market: 📉 Manhattan: 223 contracts signed, marking a 2% decrease from this time last year and a 15% drop from the previous week. 📉 Brooklyn: 130 contracts signed, reflecting a 14% decrease year-over-year and a 1% dip from the previous week. 📈 Long Island City: 20 contracts signed, holding steady with last year and 2 more than the previous week. 💼 Luxury Market: 35 contracts valued at $4M+ were signed in Manhattan and Brooklyn combined, which is 3 fewer than the previous week. These figures show a dynamic market where savvy buyers and sellers are finding opportunities. At SERHANT., we're here to help you navigate these shifts with confidence and insight. #RealEstate #MarketUpdate #ManhattanRealEstate #BrooklynRealEstate #LICRealEstate #LuxuryRealEstate #NYCRealEstate #SERHANT #RealEstateTrends #NYCMarket #PropertyInvesting #LuxuryHomes #RealEstateNews

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