Market Report

Manhattan’s high-end real estate market showed lots of activity last week, with contracts signed for 19 properties priced over $5 million. Leading this surge is 760 Madison Avenue, Penthouse 11, which went into contract at $32,500,000. This 4,216 sq ft four-bedroom, four and a half bath Duplex Penthouse, offers the best of all worlds: location, scale, light and multiple outdoor spaces. For ongoing updates on market trends, visit rubinteam.com or stay tuned for our weekly Market Report updates.

Manhattan’s high-end real estate market showed lots of activity last week, with contracts signed for 14 properties priced over $5 million. Leading this surge is 83 Horatio Street, Townhouse, which went into contract at $22,950,000. This stunning townhouse underwent a complete renovation, resulting in a luxurious five-bedroom, seven-bathroom mansion where no detail was spared. For ongoing updates on market trends, visit rubinteam.com or stay tuned for our weekly Market Report updates.

The Q2 2024 reports are in and we have the latest scoop!

The storm of Average prices in Manhattan have bounced back above the 2 million mark, a remarkable 8.5% increase from Q1. Median prices have also surged by about 12.5% to $1,181,000, and closed sales volume skyrocketed by 31% compared to Q1. The market dynamics are shifting—average days on market are around 88 days, and listing discounts have widened to 11.3%.

How’s the market in YOUR neighborhood? Check out our custom Q2 neighborhood reports!

In the realm of Manhattan’s Luxury Listings, we saw 16 properties over $5 Million In Contract this past week. Leading the pack is 430 East 58th Street, Penthouse 76 went into contract at $21,000,000. Sutton Tower is the tallest waterfront tower on Manhattan’s East Side. Check back each week for more Market Report updates or visit rubinteam.com. 

Luxury listings in Manhattan saw 21 properties over $5 Million In Contract this week with the top slot going to 505 West 19th Street, Penthouse 1.  This grandly scaled single-floor penthouse with two terraces in the heart of West Chelsea soars above The Highline Park, just moments from The Hudson River Park, positioned equidistant to the West Village/Meatpacking District to the South and Hudson Yards to the North. Check back each week for more Market Report updates @rubinteam.com

Luxury listings in Manhattan saw 19 properties over $5 Million In Contract this week with the top slot going to 760 Madison Avenue, 8th Floor.  MASTERULLY CRAFTED 4,530 SQ FT FULL-FLOOR CORNER RESIDENCE CONCEPTULIZED BY GIORGIO ARMANI AND DESIGNED BY COOKFOX ARCHITECTS. The elegantly appointed contemporary interiors feature white oak flooring in a custom Parquet de Versailles pattern, soaring 10′ ceilings, and 8′ tall oversized windows, marrying classic Upper East Side luxury with a sophisticated modern sensibility. Check back each week for more Market Report updates @rubinteam.com

Luxury listings in Manhattan saw 19 properties over $5 Million In Contract this week! 760 Madison Avenue, 5 takes first place with its 4,869 sq ft full-floor corner residence with a private terrace conceptualized by Giorgio Armani and designed by Cookfox Architects. Check back each week for more Market Report updates @rubinteam.com

Luxury listings in Manhattan saw 21 properties over $5 Million In Contract this week! The Top 5 listings In Contract this week see 515 Park Avenue, 15/16 leading the pack at $25,000,000! This mansion in the sky enjoys 2,000 square feet of spectacular terraces overlooking Park Avenue along with 6,000 square feet of magnificent interiors in this enormous mint-condition duplex in a premier full-service condominium building. Check back each week for more Market Report updates @rubinteam.com

Luxury listings in Manhattan saw 24 properties over $5 Million In Contract this week! The Top 5 listings In Contract this week see 500 West 18th Street, West, 27A leading the pack at $17,915,000! One High Line offers exceptional condominium residences developed by Witkoff and Access Industries, with architecture by Bjarke Ingels Group, interior design by Gabellini Sheppard and Gilles et Boissier. Check back each week for more Market Report updates @rubinteam.com

Luxury listings in Manhattan saw 25 properties over $5 Million In Contract this week! The Top 5 listings In Contract this week see 157 West 57th Street, 86 leading the pack at $38,500,000! Boasting the epitome of luxury living with this spectacular full-floor residence at One57, boasting 360 degree panoramic vistas of the iconic Central Park, the East and Hudson Rivers, and both the Upper and Lower Manhattan skylines. Check back each week for more Market Report updates @rubinteam.com!