Here is your weekly Reuveni in Real Time report for the week of May 25-31 2020!

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28
The number of contracts signed for the week. This is an 88% decrease from the week of March 9-15th 2020, the beginning of the COVID-19 pandemic and an 86% decrease from the same week last year (May 27th-June 3rd 2019).

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$57,788,873
The total volume of sales for the week (contracts signed, not closings). This is an 83% decrease from the week of March 9-15 ($332,777,599) and
an 87% decrease from the same week last year ($461,364,000).

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8

The number of Condo contracts signed.

19

The number of Co-op contracts signed.

1

The number of Townhome contracts signed.

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$6,950,000
1100 Park Avenue
This was the most expensive signed contract for the week. Interestingly enough, 4 out of the 5 most expensive contracts signed (including 1100 Park Avenue) were Coops, the first time all year.

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4
The number of new development contracts signed for the week. It is 2 contracts less than the week prior.

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119
The number of new listings for the week. This is a 16% increase from the previous week (99). The number of new listings has increased for five consecutive weeks and marks the highest weekly total since the week of March 16th 2020.

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6,195

The total number of active condo, coop and townhome listings in Manhattan today, June 1st 2020.

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