Manhattan's luxury real estate shopping spree isn’t slowing down

It just keeps getting better for Manhattan’s luxury real estate market

The number of contracts signed for properties worth $4 million or more reached 41 last week, a new high for the year, according to data from Olshan Realty.

That’s seven more deals than the previous week, which closed out February. During the first two months of 2022, 244 contracts were signed for luxury properties, which is the strongest start of any year since the brokerage began keeping track in 2006.

Sales volume totaled nearly $281 million last week, compared with nearly $273 million the week before. The average discount from the asking price crept down to

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