Reuveni in Real Time

June 7th, 2021

Here is your weekly Reuveni in Real Time report for the week of May 31st – June 6th, 2021

The number of signed contracts for the week. This is a 7% decrease from the previous week (May 24-30 2021). This is a 29% increase from the week of March 9-15, 2020, the last normal week prior to the COVID-19 pandemic, and a 667% increase from the same week in 2020.


The total volume of sales for the week (contracts signed, not closings). This is a 3% decrease from the week prior. This is a 92% increase from the week of March 9-15 2020 and a 513% 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.


895 Park Avenue, PHA

The most expensive contract signed for the week.

The number of new development contracts signed for the week. This is significantly less than the YTD average of 30. It is the first time in 8 weeks where under 30 new development units were signed.


The average % off last ask for signed contracts.* This is the fifth week in a row where “negotiability” has remained below 2%.

The number of new listings for the week.


The total number of active condo, coop, and townhome listings in Manhattan on Thursday, June 10th, 2021.