Strong sales and inventory declines.

Days on market fell year-over-year; average price per square foot was level versus 2023.

October 2024 had 80 sales over $5M, up 54% year-over-year, the second strongest October in 11 years.

• New development sales more than tripled versus a year ago.

Active listings declined 13% year-over-year.

• Robust contract activity drove listed inventory over $5M to a 10-year low for October.

Days on market fell 1% year-over-year.

• Average days on market has now declined annually for four consecutive months.

Average price per square foot was level year-over-year at $3,162.

• This month, Upper East Side average price per square foot increased versus last year due to new development sales in prime locations.