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LUXURY MARKET REPORT
November 15-21, 2021
Sixty-seven contracts were signed last week at $4 million and above, 7 more than the previous record-breaking week—and now the largest total of the year! Condos outsold co-ops, 45 to 16, with 6 townhouses in the mix.

Stat Geek Alert I: For the 5th time this year, 50 or more contracts were signed. The volume of $613,744,899 was the luxury market’s strongest performance since this report was launched in 2006. The previous record was the week of December 16-22, 2013, when $576,185,000 was inked on 72 deals.

Stat Geek Alert II: In the last 2 weeks, 127 contracts have been signed totaling $1,167,613,899. For the record, 51 of the 127 deals were inked by developers.

The No. 1 contract was a townhouse at 9 East 68th Street, asking $29.5 million; it was listed at the end of July. This 6-story, 39-foot-wide house has 23,450 ...

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