The number of luxury contracts signed last week jumped to above 20 for the first time in nearly three months.
There were 23 contracts signed at $4 million and above last week, according to the weekly report from Olshan Realty (https://therealdeal.com/new-research/topics/company/olshan-realty/).
There were 16 contracts on condominiums (with an average asking price of $9.1 million), there were five contracts for co-ops ($7.7 million) and two were for townhouses ($6.2 million).
The top two contracts were both at Naftali Group’s (https://therealdeal.com/new-research/topics/company/naftali-group/) condo conversion the Shephard (http://www.llnyc.com/127284-the-big-oh-inside-the-shephard-a-condo-conversion-that-reflects-a-neighborhoods-history) at 275 West 10th Street. Penthouse C, asking $29.5 million, has five bedrooms, five bathrooms across 5,985 square feet. It also features a 1,536-square-foot terrace. Penthouse A spans 3,846 square feet and features three bedrooms, three bathrooms and a 1,915-square-foot terrace.
The total weekly asking price sales volume was $197.1 million, according to Olshan. The median asking price was $7 million. The average discount from original asking price to last asking price was 5 percent. The average number of days on market was 511. \[Olshan\] (http://www.olshan.com/marketreport.php) — Miriam Hall