Reuveni in Real Time

July 6th, 2021

Here is your weekly Reuveni in Real Time report for the week of June 28-July 4, 2021


237
The number of signed contracts for the week. This is a 15% decrease from the previous week (June 21-27 2021). This is a 5% increase from the week of March 9-15, 2020, the last normal week prior to the COVID-19 pandemic, and a 618% increase from the same week in 2020.


$505,846,649

The total volume of sales for the week (contracts signed, not closings). This is a 19% decrease from the week prior. This is a 52% increase from the week of March 9-15 2020 and a 552% increase from the same week in 2020.




97

The number of Condo contracts signed.

137

The number of Co-op contracts signed.

3

The number of Townhome contracts signed.


$15,500,000

$4,327 PSF

21 East 61st St, Unit 16B

The most expensive contract signed for the week.


31
The number of new development contracts signed for the week. This is in line with the YTD average of 30 per week.


-1.75%

The average % off last ask for signed contracts.* This is a notable drop from the upward trend of >2% negotiability for the past two weeks.


157
The number of new listings for the week.


7,992

The total number of active condo, coop, and townhome listings in Manhattan on Tuesday, July 6th, 2021.