Twenty-four contracts were signed last week at $4 million and above. Condos outsold co-ops, 16 to 5, with 3 townhouses added to the total. Prices were lowered an average of 11% off their original asking price. The increasing negotiability is the single biggest factor in motivating buyers off the sidelines, underscoring the fact that it all comes down to...price.

The No.1 contract was a tie between a condo and a townhouse, each asking $18,750,000--and both selling for less than what the owners paid.

The condo was 44A at 20 West 53rd Street in the Baccarat Hotel and Residences. The unit has 4,545 square feet including 4 bedrooms and 4.5 bathrooms. It has 11-foot ceilings and views of Central Park from a 27’ x 37’ living room. The asking price is below the $20,622,312 paid in May 2015.

The townhouse that tied for the top spot was at 39 East 67th Street, a 5-story, 25-foot-wide limestone house with 11,455 square feet that was once owned by publishing magnate Arthur Scribner. The current asking price of $18.75 million was reduced from $31 million when it went on the market two years ago. It last sold for $22.5 million in October 2014 when the building had 5 tenants in place. The house is now vacant, and the interior has been demolished.

For you stat geeks who can’t get enough: The third property that went to contract was 70 Bethune Street, asking $12.9 million, a townhouse that is part of the condominium at 400 West 12th Street known as Superior Ink. Starting on the market in February 2016 at the same price, this 28-foot-wide house has 4,480 square feet including a basement. It has 6 bedrooms, 6.5 bathrooms, and an elevator.