NewYork
In Manhattan there were 221 sales of townhouses recorded in 2021, a 69% increase from 2020. The median sales price was $8.55 million, an 8% increase from the previous year. The market share of townhouse sales over $10 million increased by 5% from 2020 and reached 28%, the most on record. [Mansion Global]
Their were 325 contracts in New York City for homes priced at $10 million and above in 2021. The highest amount on record and more than the 228 contracts signed in 2019 and 2020 combined. The median sale price for trophy homes in 2021 was $14.5 million. [Mansion Global]
In Manhattan during 2021, there were 1,877 sales of properties priced at $4 million and above. The number of transactions was a 300% increase from 2020 and twice as much as 2019. The 2021 luxury sales volume was $15.9 billion. These totals are the highest on record since 2006 when the data collection began. The average price for a luxury residence in Manhattan was $8.5 million this year compared to $7.9 million in 2020.
There were 400 contracts signed for residences priced at $10 million and above in Manhattan during 2021, far surpassing the previous record of 270, set in 2014. [Mansion Global]