In Manhattan, during the month of April, 164 luxury homes asking $4 million or more went into contract compared with 4 deals in April 2020, a 4,000% increase. [Mansion Global]
Manhattan 7 day luxury deal volume from April 4 to April 11 tops $454.92 Million. The best total since 2013. Mansion Global reports: “The last seven days notched roughly the same number of signed contracts for homes asking $4 million or more as the whole 13-week shutdown last March, when the Covid-19 pandemic first gripped the city.”
Sotheby’s International Realty reports that in Manhattan during the first quarter of 2021 the average apartment sales price fell 12% and sales increased 7% compared to the first quarter 2020.