Here is your weekly Reuveni in Real Time report for the week of August 10-16 2020!
The number of signed contracts for the week. This is a 26% increase from the previous week (August 3-9 2020), the fifth consecutive week with 100+ deals, and the second-highest total since the start of the pandemic. This is a 42% decrease from the week of March 9-15, 2020, the beginning of the COVID-19 pandemic, and a 12% decrease from the same week last year.
The total volume of sales for the week (contracts signed, not closings). This is a 60% increase from the week prior and represents the second-highest total since the start of the pandemic. This is a 29% decrease from the week of March 9-15 2020, and a 17% decrease from the same week last year.
The number of Condo contracts signed.
The number of Co-op contracts signed.
The number of Townhome contracts signed.
20 East 10th Street
This was the most expensive contract signed for the week. For the second consecutive week, a townhouse has taken the top spot. Also, for the second time in six weeks, a townhouse asking around $20M has gone into contract.
The number of new development contracts signed for the week. This is 1 contract higher than the previous week.
The number of new listings for the week. This is the fifth consecutive week with fewer new listings hitting the market.
The total number of active condo, coop, and townhome listings in Manhattan today, August 17th, 2020.