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LUXURY MARKET REPORT
July 26-August 1, 2021
Twenty-one contracts were signed last week at $4 million and above, 18 fewer than the previous week. Condos outsold co-ops, 15 to 2, and there were 4 townhouses in the mix.

Stat Geek Alert: Last week marked the lowest totals of both contracts signed and dollar volume since the 3rd week in January, when 14 contracts were signed. Nevertheless, 21 contracts is indicative of a stable market and certainly a respectable showing for the middle of summer when so many of the luxury buyers are away.

The No. 1 contract was PH10A at 90 Morton Street, asking $18 million. The condo has 3,678 square feet including 3 bedrooms, 3.5 bathrooms, and a 610-square-foot landscaped terrace off the living room, kitchen, and one of the bedrooms. The seller paid $12,600,844 in June 2019. 90 Morton is a former printing plant that was converted into a 12-story, 28-unit condo; ...

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