Reuveni in Real Time

May 24th, 2021

Here is your weekly Reuveni in Real Time report for the week of May 17-23, 2021


301
The number of signed contracts for the week. This is a 14% decrease from the previous week (May 10-16 2021). This is a 34% increase from the week of March 9-15, 2020, the last normal week prior to the COVID-19 pandemic, and a 1015% increase from the same week in 2020.


$622,166,180

The total volume of sales for the week (contracts signed, not closings). This is a 15% decrease from the week prior. This is an 87% increase from the week of March 9-15 2020 and a 1392% increase from the same week in 2020.




128

The number of Condo contracts signed.

170

The number of Co-op contracts signed.

3

The number of Townhome contracts signed.


$16,950,000

$3620 per SF

565 Broome St, N28A

The most expensive contract signed for the week.


46
The number of new development contracts signed for the week. The YTD average remains at 30 per week.


-1.95%

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


443
The number of new listings for the week.


8,548

The total number of active condo, coop, and townhome listings in Manhattan on Thursday, May 27th, 2021.