20 contracts signed at $4M and up: Olshan
Top deal was again at Extell's One57
The city’s residential market last week saw 20 contracts signed at $4 million and above for the first time in two months.
A baker’s dozen of those contracts were inked for condos (with an average ask of $7.48 million), five co-ops ($6.35 million) and two townhouses ($8.65 million), according to the weekly report by Olshan Realty.
For the second time in the last four weeks, the top contract was signed at Extell Development’s [TRDataCustom] One57. This time around it was unit 65B, a 4,193-square-foot apartment that had an ask of $28.3 million.
The No. 2 contract was a townhouse at 153 West 82nd Street. The 17-foot-wide, 4,200-square-foot townhouse had an ask of $9.85 million, reduced from $10.23 million when it hit the market in March.
Overall, the average discount from original ask to final asking price during the week of Sept. 26 through Oct. 2 was 4 percent. The total weekly asking price sales volume was $147.85 million, and average days on the market stood at 275.
Manhattan residential sales in the third quarter were down 15.3 percent year-over-year, the Wall Street Journal reported Monday. [Olshan Realty] – Rich Bockmann