In Brooklyn, new development closings jumped 13 percent over 2018, but , resale condo and co-op sales fell in those markets.
Fewer sales at the higher end of the market had the effect of driving overall South Fork average prices downward in most areas.
Palm Beach condo and co-op closed sales activity was solid, increasing 34% vs. 1st Qtr. 2019.
The low end of the townhouse market faced steeper sale declines compared to the high end, and while most regions had slower activity.