Reuveni in Real Time: February 8th, 2021

February 8, 2021

Just when you thought things couldn’t get any better…

Here is your weekly Reuveni in Real Time report for the week of February 1-7, 2021


227
The number of signed contracts for the week. This is a 9% increase from the previous week (January 25-31 2021), by far the most since the pandemic began. This is a 1% increase from the week of March 9-15, 2020, the last normal week prior to the COVID-19 pandemic, and a 10% increase from the same week in 2020.*


$467,281,128

The total volume of sales for the week (contracts signed, not closings). This is a 6% increase from the week prior, also by far the most since the pandemic began. This is a 40% increase from the week of March 9-15 2020 and a 21% increase from the same week in 2020.*




99

The number of Condo contracts signed.

125

The number of Co-op contracts signed.

3

The number of Townhome contracts signed.


$27,950,000
1045 Madison, 10/11

The most expensive signed contract for the week. With this latest deal, the game-changing UES new development project is now over 50% sold after launching sales in Fall 2020.


28
The number of new development contracts signed for the week. This is the best performance in 2021 to date and rivals the best weeks in 2020.*


-6.1%

The average percentage off the last asking price for this week’s signed contracts.


214
The number of new listings for the week. This represents the fifth consecutive week with more than 200 new listings hitting the market.


8,545

The total number of active condo, coop, and townhome listings in Manhattan today, February 8th, 2021.