# @michellegriffithnyc on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/DKZ1_DyxOuG
- **Gondola URL:** https://gondola.cc/posts/61613211-michellegriffithnyc-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/b74f27837f.jpg
- **Posted:** 2025-06-02T15:41:23.000+00:00
- **Account Owner:** Michelle Griffith  |  NYC Real Estate (@michellegriffithnyc) — https://gondola.cc/michellegriffithnyc

## Caption

What is happening this week in the NYC Real Estate Market?

29 contracts signed in Manhattan at $4M and above in the last 7 days as the luxury market continues to show signs of strength!

Data pulled from Resource douglaselliman.

Below are the top two contracts signed in Manhattan.

9 West 54th Street 
$49,500,000

230 West 11th Street 
$22,495,000

What does this mean?

We are seeing an increase in contracts being signed because seasonal inventory levels rose creating more opportunities for buyers as well as elevated rental prices in the market.  We saw an increase in prime neighborhoods like the UES which saw a 6% increase in home values! 

Please reach out with any questions-always happy to discuss the current opportunities in the market! 

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#michellegriffithnyc #luxuryrealestate #luxurylistings  #douglaselliman #ellimanagents #ellimanNYC #thenextmoveisyours #ellimanNYSE #milliondollarlisting #nycrealestate #philippines #behindthescenes #realestate #manhattan #newdevelopment #interiordesign #girlboss #mdlny #nycbroker #tribeca #newyorkcity #newyork #newyorkornowhere #michellesmontauk #parkavenue #behindthescenes #views

## Stats

- **Views:** 0
- **Likes:** 293
- **Shares:** 0
- **Comments:** 29

## Tags

newdevelopment, ellimannyc, views, newyorkornowhere, interiordesign, tribeca, manhattan, newyorkcity, luxuryrealestate, realestate, ellimanagents, nycbroker, mdlny, thenextmoveisyours, parkavenue, newyork, michellegriffithnyc, milliondollarlisting, luxurylistings, douglaselliman, nycrealestate, philippines, michellesmontauk, girlboss, behindthescenes, ellimannyse

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