Here is your weekly Reuveni in Real Time report for the week of September 7-13 2020!
The number of signed contracts for the week. This is a 4% increase from the previous week (August 31 – September 6 2020), the ninth consecutive week with 100+ deals. This is a 52% decrease from the week of March 9-15, 2020, the beginning of the COVID-19 pandemic, and a 19% decrease from the same week last year.
The total volume of sales for the week (contracts signed, not closings). This is a 20% decrease from the week prior, only the third time in nine weeks it has fallen below $200 million. This is a 47% decrease from the week of March 9-15 2020, and a 26% decrease from the same week last year.
The number of Condo contracts signed.
The number of Co-op contracts signed.
27 East 79th Street, #9/10
The most expensive signed contract for the week. This is the second time since the pandemic began that the project has put a unit in contract asking more than $10 Million.
The number of new development contracts signed for the week. This is the second-highest total since the pandemic began. 8 of the 19 total contracts signed are from 300 West 122nd, who only launched sales last month.
The number of new listings for the week. For the first time in nine weeks, more listings hit the market week-over-week.
The total number of active condo, coop, and townhome listings in Manhattan today, September 14th, 2020.