LUXURY MARKET REPORT
November 5-11, 2018
Twenty-one contracts were signed last week at $4 million and above, the third week in a row in which more than 20 sales were recorded. Condos outsold co-ops, 13 to 7. One townhouse, in Greenwich Village, also sold. The average days on market was 417, and properties were reduced on average by 9% off the original asking price before they went to contract.

Stat Geek Alert: The 7 co-ops that went to contract marked the highest total of co-op sales since the last week in May (when 10 sold), and all units either had a view of Central Park or a terrace.

The No.1 contract was 72C at 80 Columbus Circle, asking $17.95 million, reduced from $24.5 million when it went on the market in May 2016 (the owner paid $9,291,531 in May 2005). This Time Warner Center condo has 3,170 square feet including 4 Bedrooms ...

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