Reuveni in Real Time

March 22nd, 2021

Here is your weekly Reuveni in Real Time report for the week of March 15-21, 2021


295
The number of signed contracts for the week. This is an 11% increase from the previous week (March 8-14, 2021). This is a 31% increase from the week of March 9-15, 2020, the last normal week prior to the COVID-19 pandemic, and a 181% increase from the same week in 2020.


$595,313,079

The total volume of sales for the week (contracts signed, not closings). This is a 13% decrease1 from the week prior. This is a 79% increase from the week of March 9-15 2020 and a 241% increase from the same week in 2020.




120

The number of Condo contracts signed.

169

The number of Co-op contracts signed.

6

The number of Townhome contracts signed.


$22,500,000

$3,333 per SF

19 West 12th Street

The most expensive signed contract for the week.


27
The number of new development contracts signed for the week. This is a slight uptick from the YTD average of 23 contracts signed per week.


-2.4%

The average % off the last ask for signed contracts.*


333
The number of new listings for the week.


8,338

The total number of active condo, coop, and townhome listings in Manhattan on Monday, March 22nd, 2021. Inventory continues to remain flat.