Here is your weekly Reuveni in Real Time report for the week of June 22-28 2020!
The number of signed contracts for the week. This is a 26% decrease from the previous week (June 15-21, 2020). This is an 81% decrease from the week of March 9-15, 2020, the beginning of the COVID-19 pandemic, and a 79% decrease from the same week last year.
The total volume of sales for the week (contracts signed, not closings). This is a 23% decrease from the week prior. This is a 70% decrease from the week of March 9-15 2020, and a 78% decrease from the same week last year.
The number of Condo contracts signed.
The number of Co-op contracts signed.
157 West 57th Street, 59B
This was the most expensive contract signed for the week, as well as the most expensive in the past 5 months.
The number of new development contracts signed for the week. This is more than double that of last week’s total (5) and marks the highest weekly total since the beginning of the pandemic.
The number of new listings for the week. This is an 81% increase from the week prior (211). The number of new listings has increased for 9 consecutive weeks and now even exceeded pre-COVID levels.
The total number of active condo, coop, and townhome listings in Manhattan today, June 29th, 2020.