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rooklyn's luxury market experienced a significant surge last week, with $115 million in total volume of signed contracts. According to Compass' weekly report, this is an unusually high number that reflects the borough's strong fall performance. Contracts over $2 million increased by over 70% from September to October, according to Miller Samuel's CEO Jonathan Miller.

    The boom was driven by a mix of resale properties, including condos, co-ops, and townhouses, with no single contract exceeding eight figures. Instead, 35 signed deals cracked the $100 million mark, split between 15 condos, three co-ops, and 17 townhouses. This follows a quiet period leading up to the election, when sales seemed to slow down.

    Real estate agent Ravi Kantha of Serhant noted that he had four contracts in the $4 to $6.5 million range in the last 10 days, suggesting that the market has picked up significantly after the election. The top contract of the week belonged to a 5,300-square-foot townhouse in Carroll Gardens, listed for $7.7 million and featuring a primary suite with walk-in closets and a free-standing tub.

    A resale condo in Greenpoint also made headlines with its second-most expensive contract last week, priced at $5.9 million. The 3,200-square-foot loft features four bedrooms, two-and-a-half bathrooms, and a private rooftop off the primary bedroom and main living area. The median asking price for contracts signed last week was $2.85 million, while the average days on the market was 98.