Reuveni in Real Time

March 1st, 2021

Here is your weekly Reuveni in Real Time report for the week of February 22-28, 2021


236
The number of signed contracts for the week. This is a 6% increase from the previous week (February 15-21 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 0.4% increase from the same week in 2020.


$587,077,767

The total volume of sales for the week (contracts signed, not closings). This is a 17% increase from the week prior. This is a 76% increase from the week of March 9-15 2020 and a 25% increase from the same week in 2020.




105

The number of Condo contracts signed.

128

The number of Co-op contracts signed.

3

The number of Townhome contracts signed.


$25,995,000

$3,196 per SF

551 West 21st Street, Unit 17AB

The most expensive signed contract for the week.


25
The number of new development contracts signed for the week. This is in line with the YTD average of 24 contracts signed per week.


193
The number of new listings for the week. This represents the first week since New Years where under 200 listings have hit the market.


8,327

The total number of active condo, coop, and townhome listings in Manhattan on Monday, March 1st, 2021. Inventory has remained steady despite the recent uptick in absorption.