Weekly Manhattan Luxury Market Update - March 7 - 13, 2022

 Weekly Manhattan Luxury Market Update - March 7 - 13, 2022

Forty-one contracts were signed at the $4 million and above.  

Quick Stats: 

- 25 Condo Units with an average asking price of $8.050M and an average $/sqft of $2,853.

- 11 Coop Units with an average asking price of $7.523M.

- 5 Townhouses with an average asking price of $7.045M and an average $/sqft of $1,478. 

- The overall average asking price: $7.786M.

- The median asking price: $6.595M.

- The total average listing discount: 7%.

-The average number of days on the market: 493.

This past week was the year's biggest week for coop sales since mid-December. Seven out of the 11 deals were on the UES.  

WOULD YOU LIKE TO KNOW MORE? PLEASE CONTACT US! IT IS OUR PLEASURE TO ASSIST YOU! THANK YOU! 

Fernando & Team

Fernando Branco, GRI, ABR, CNE
PRINCIPAL BROKER
Residential Real Estate
Commercial Sales & Leasing 
Graduate Realtor Institute (GRI) 
Accredited Buyer Representative (ABR) 
Certified Negotiator Expert (CNE)

162 Huntington St, Ste 1R, Brooklyn, NY 11231
c: (212) 321-0115
Working by referral. Let us help you find a home too!!

 

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