Report on Contracts Signed ManhattanResidential Properties $4 Million and AboveFebruary 22-28, 202140 Contracts Signed
Forty contracts were signed last week at $4 million and above, four more than the previous week. It marked the first time that the weekly total hit 40 since the first week in August 2016, when 43 contracts were signed.Stat Geek Alert I: The luxury market’s dazzling streak of 30 or more deals extended to 4 weeks in a row.Stat Geek Alert II: In the last 4 weeks, 144 properties have gone to contract at $4 million and above, totaling $1,180,170,999, a luxury market wave not seen since a similar streak in 2015—from late February into March—when 138 properties were inked totaling $1,249,750,000.