The number of signed contracts for the week. This is a 14% decrease from the previous week (February 8-14 2021). This is a 0.9% decrease from the week of March 9-15, 2020, the last normal week prior to the COVID-19 pandemic, and a 29% increase from the same week in 2020.
The total volume of sales for the week (contracts signed, not closings). This is a 15% decrease from the week prior. This is a 51% increase from the week of March 9-15 2020 and a 46% increase from the same week in 2020.
The number of Condo contracts signed.
The number of Co-op contracts signed.
The number of Townhome contracts signed.
$3,205 per SF
1045 Madison Ave, Unit 5
The most expensive signed contract for the week. The building, known as “The Benson”, has become synonymous with improving market conditions and affluent buyers’ commitment to NYC.
The number of new development contracts signed for the week. This is in line with the YTD average of 23 contracts signed per week.
The number of new listings for the week. This represents the seventh consecutive week with more than 200 new listings hitting the market.
The total number of active condo, coop, and townhome listings in Manhattan today, February 22nd, 2021. Inventory continues to decrease as we head into the spring.