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OLSHAN LUXURY MARKET REPORT
April 21-27, 2025
Twenty-eight contracts were signed last week in Manhattan at $4 million and above, 5 fewer than the previous week. Condos outsold co-ops, 21-4, with 3 Upper East Side townhouses in the mix.

Stat Geek Alert I: The last 4 weeks have been marked by wild stock market volatility and global turmoil seeping into the Easter and Passover holidays. And yet 113 contracts were signed at $4 million and above, up from 101 in 2024 and 107 in 2023. Since we started keeping track in 2006, no April has come close to the weeks of 2022 and 2021, which saw 156 and 195 contracts respectively.

Stat Geek Alert II: One area of weakness has been the trophy market at $10 million and above. In the last 4 weeks, 12 contracts were signed at $10 million and above, the lowest April total since 2017, when 11 were ...

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