Reuveni in Real Time: August 3rd, 2020

August 3, 2020

Here is your weekly Reuveni in Real Time report for the week of July 27-August 2 2020!


100
The number of signed contracts for the week. This is a 6% decrease from the previous week (July 20-26 2020), the fourth-highest total since the start of the pandemic. This is a 56% decrease from the week of March 9-15, 2020, the beginning of the COVID-19 pandemic, and a 42% decrease from the same week last year.


$142,510,247

The total volume of sales for the week (contracts signed, not closings). This is a 30% decrease from the week prior. This is a 57% decrease from the week of March 9-15 2020, and a 53% decrease from the same week last year.




32

The number of Condo contracts signed.

68

The number of Co-op contracts signed.


$10,975,000

817 Fifth Avenue, 5th Floor

This was the most expensive contract signed for the week.


7
The number of new development contracts signed for the week. This is 1 contract higher than the previous week and is slightly above the average for July.


389
The number of new listings for the week. This week’s total is slightly less than recent weeks’ total but is still more than double the number of new listings that hit the market during the same week in 2019.


8,666
The total number of active condo, coop, and townhome listings in Manhattan today, August 3rd, 2020.