Reuveni in Real Time: August 24th, 2020

August 24, 2020

Here is your weekly Reuveni in Real Time report for the week of August 17-23 2020!


110
The number of signed contracts for the week. This is a 15% decrease from the previous week (August 10-16 2020), the sixth consecutive week with 100+ deals, and the fourth-highest total since the start of the pandemic. This is a 51% decrease from the week of March 9-15, 2020, the beginning of the COVID-19 pandemic, and a 36% decrease from the same week last year.


$203,531,498

The total volume of sales for the week (contracts signed, not closings). This is a 14% decrease from the week prior and represents the fourth-highest total since the start of the pandemic. This is a 39% decrease from the week of March 9-15 2020, and a 33% decrease from the same week last year.




42

The number of Condo contracts signed.

68

The number of Co-op contracts signed.


$12,400,000

111 Murray Street

This was the most expensive contract signed for the week. For the first time in two weeks, a townhome has not taken the top spot.


6
The number of new development contracts signed for the week. This is 1 contract lower than the previous week.


312
The number of new listings for the week. This is the sixth consecutive week with fewer new listings hitting the market.


9,283
The total number of active condo, coop, and townhome listings in Manhattan today, August 24th, 2020.