Numbers to know: Bidding wars go out of style, the Marquand is this week’s hot development … and more

Michael Jordan's estate in Highland Park, Ill. (inset: Michael Jordan)
Michael Jordan's estate in Highland Park, Ill. (inset: Michael Jordan)

“Numbers to know” is a weekly web feature that catalogues the most notable, quirky and surprising real estate statistics. Bidding wars are beginning to go out of style, the Marquand steels the spotlight for most expensive contract signed last week and Dolly Lenz lists another celebrity pad.

$22 million
Asking price of the priciest contract signed last week, a five-bedroom, 4.5-bathroom unit at HFZ Capital’s the Marquand at 11 East 68th Street [Olshan Luxury Market Report]

$21 million
Most recent listing price for basketball star Michael Jordan’s suburban Chicago home, which is now up for auction; the 56,000-square-foot home sits on 7.9 acres, includes nine bedrooms, 15 bathrooms and five fireplaces, and is guarded by a gate branded with the No. 23 [Zillow]

$6.9 million
Amount of funds 34 organizations in New York City will receive in grants as part of an ongoing program to help homeowners avoid foreclosure [Attorney General Eric Schneiderman’s Office]

$13,333
Approximate price per square foot designer Tommy Hilfiger’s 1 Central Park pad is priced at, which hit the market this past week for $80 million, listed with Dolly Lenz of Dolly Lenz Real Estate [StreetEasy]

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$4,400
Increase in home values for every $1 billion increase in stock value of local companies [Redfin]

$196
Decline in average sale price per square foot for four-bedroom apartments at Extell Development’s the Rushmore at 80 Riverside Boulevard since the development first hit the market in 2009, to $1,663 from $1,859 [CityRealty]

58.3
Percentage of sales in September nationwide that resulted in a bidding war, a 17.7 percent decline from March [Redfin]

39
Units at 1330 Grand, a six-story luxury rental building in Hoboken, N.J., that is fully leased after six months [Marketing Directors]

39
Percentage of home buyers nationwide that are first-time purchasers [DoorSteps]