Manhattan Weekly Market Update - October 8, 2021
Weekly Manhattan Market Update - Oct 8, 2021 A weekly real-time narrative on all the talking points you need to know about the Manhattan Real Estate market as it happens. Get ahead of the curve and know what's happening with this week's market update. This week's highlights: Supply is on its biggest run since the reopening Pending sales ticks lower again The buyer discount window is open A peek at the weekly listing flow trends Movers & Shakers and a look at Price Action Weekly Manhattan Luxury Market Update - Oct 8, 2021 46 Contracts were signed at the $4 million and above, which is more than double last week's number of contracts signed. - 32 Condo Units with an average asking price of $6,9M and average $/sqft of 2,743; - 7 Coop Units with an average asking price of 6,8M; - 7 Townhouses with an average asking price of $11.4M and an average $/sqft of 1,819. - The overall average asking price: $7,6M - The median asking price: $5,650M - The total average listing