LUXURY MARKET REPORT
June 3-9, 2019
Twenty contracts were signed last week at $4 million and above, the 7th straight week of 20 or more sales.

Stat Geek Alert No.1: Two weeks ago, only 1 co-op went to contract at $4 million and above. Last week, co-ops tied condos, 9 to 9, for the first time this year, a rare event in Manhattan’s luxury market. How rare? It hasn’t happened since the week of May 28, 2018, when co-ops tied condos, 10 to 10.

Stat Geek Alert No. 2: Co-ops haven’t outsold condos in the Manhattan luxury market since the week of June 17-23, 2013. You read that right! It hasn’t happened in almost 6 years when the score was 13 co-ops to 12 condos.

The No. 1 contract was a townhouse at 12 East 81Street, asking $25 million, which had been listed since September. This 5-story, 20-foot-wide brick ...

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