Reuveni in Real Time

March 8th, 2021

Here is your weekly Reuveni in Real Time report for the week of March 1-7, 2021

The number of signed contracts for the week. This is a 12% increase from the previous week (February 22-28 2021). This is an 18% increase from the week of March 9-15, 2020, the last normal week prior to the COVID-19 pandemic, and an 18% increase from the same week in 2020.


The total volume of sales for the week (contracts signed, not closings). This is a 9% increase from the week prior. This is a 93% increase from the week of March 9-15 2020 and a 38% 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.


$2,321 per SF

9 East 71st Street

The most expensive signed contract for the week.

The number of new development contracts signed for the week. This is in line with the YTD average of 23 contracts signed per week.


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

The number of new listings for the week. This represents the highest total of new listings since the week of October 19th, 2020.


The total number of active condo, coop, and townhome listings in Manhattan on Monday, March 8th, 2021. Inventory has remained steady, indicating that new inventory is entering the market at the same remarkable pace at which contracts are being signed.