Reuveni in Real Time: October 12th, 2020

October 12, 2020

Here is your weekly Reuveni in Real Time report for the week of October 5-11 2020!


148
The number of signed contracts for the week. This is a 32% increase from the previous week (September 28 – October 4, 2020), the thirteenth consecutive week with 100+ deals, and the highest total since the start of the pandemic. This is a 34% decrease from the week of March 9-15, 2020, the beginning of the COVID-19 pandemic, and a 1% increase from the same week last year.*


$246,817,324

The total volume of sales for the week (contracts signed, not closings). This is a 14% increase from the week prior and represents the third-highest total since the start of the pandemic. This is a 26% decrease from the week of March 9-15 2020, and a 1% increase from the same week last year.*




57

The number of Condo contracts signed.

90

The number of Co-op contracts signed.

1

The number of Townhome contracts signed.


$9,950,000

57 East 93rd Street

The most expensive signed contract for the week. For the second consecutive week, and only the second time in ten weeks, a unit over $10 Million has not gone into contract.


21
The number of new development contracts signed for the week, a 50% increase from the week prior. This represents the third-highest total since the start of the pandemic.*


354
The number of new listings for the week. This represents the second consecutive week, and only the second time in five weeks that fewer than 400 new listings have hit the market.


10,711
The total number of active condo, coop, and townhome listings in Manhattan today, October 12th, 2020.