Reuveni in Real Time

May 17th, 2021

Here is your weekly Reuveni in Real Time report for the week of May 10-16, 2021

The number of signed contracts for the week. This is a 4% increase from the previous week (May 3-9 2021). This is a 56% increase from the week of March 9-15, 2020, the last normal week prior to the COVID-19 pandemic, and a 1000% increase from the same week in 2020.


The total volume of sales for the week (contracts signed, not closings). This is a 0.5% decrease from the week prior. This is a 121% increase from the week of March 9-15 2020 and an 1184% 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.


740 Park Avenue, 8/9A

The most expensive contract signed for the week.

The number of new development contracts signed for the week. This is on par with the recent upward trend in sponsor sales but still significantly higher than the YTD weekly average of 30.


The average % off the last ask for signed contracts*. Negotiability continues to trend downward.

The number of new listings for the week.


The total number of active condo, coop, and townhome listings in Manhattan on Wednesday, May 19th, 2021.