Condominiums Set Pace For Luxury Sales In 2021

Financial District Manhattan

In the seven days through Sunday August 15, there were 33 contracts signed in Manhattan for residences priced at $4 million and above. Of those luxury contracts 79% or 26 were condos, 4 were townhouses and 3 were co-ops. During the prior week condos accounted for 75% of luxury contracts. Condos have outsold co-ops in every week of 2021. [Mansion Global]