Brooklyn luxury contracts stayed busy over Thanksgiving

Brooklyn’s luxury market managed to dodge for a surprisingly strong holiday week.  The borough saw 19 contracts — 10 for condos, one co-op and eight townhouses —between Nov. 24 to Nov. 30 for a total contract volume of $56 million, according to Compass’ weekly report of contracts for homes asking at least $2 million.  Last year, Thanksgiving week saw 11 contracts signed in the borough for $38 million. In 2023, just seven luxury contracts were signed during the holiday week.  The median asking price for homes that entered contract was $2.8 million and homes spent an average of 102 days […] This article originally appeared on The Real Deal. Click here to read the full story.