West Village townhouse, 432 Park Ave Top Luxury Contracts
Manhattan's luxury market had a dip in deals with notable price drops in high-end properties.
Most expensive home was Unit 37B at 432 Park Avenue, selling for $12.4 million, down from $18.2 million in 2015.
Holly Parker, Leonard Steinberg Listings Top Manhattan Market
Manhattan's luxury market had a strong week with 29 contracts signed for homes over $4 million, including a penthouse at 135 East 79th Street asking $20 million.
The homes entering contract had an average asking price of $8 million and a median of $6.5 million, with a typical 7 percent discount received and 503 days spent on the market.
West Village townhouse, 432 Park Ave Top Luxury Contracts
Manhattan's luxury market had a dip in deals with notable price drops in high-end properties.
Most expensive home was Unit 37B at 432 Park Avenue, selling for $12.4 million, down from $18.2 million in 2015.
Holly Parker, Leonard Steinberg Listings Top Manhattan Market
Manhattan's luxury market had a strong week with 29 contracts signed for homes over $4 million, including a penthouse at 135 East 79th Street asking $20 million.
The homes entering contract had an average asking price of $8 million and a median of $6.5 million, with a typical 7 percent discount received and 503 days spent on the market.
Seven luxury townhouse signings in Manhattan last week.
Most expensive home at 109 Waverly Place with price reduction.
Aman New York, 200 Amsterdam Nab Priciest Manhattan Contracts
Manhattan's luxury market saw an increase in signed contracts for properties $4 million or more, with Unit 23A at 730 Fifth Avenue being the priciest home sold.
Aman New York's luxury project at the top of the Crown Building closed 17 deals with an average price of $7,710 per square foot.
Manhattan's Luxury Market Picks Up Steam
Manhattan's luxury market rebounds with 31 properties sold for $4 million or more, similar to last year's figures. Giorgio Armani-branded residences and Central Park West properties among notable sales.