Manhattan logged the third consecutive week of sturdy luxury home sales following a sleepy third quarter, according to the Olshan Report on Monday.
Twenty-three contracts were signed for homes priced over $4 million in the week ending Sunday, according to the weekly report by Olshan Realty. It marks an uptick in high-end sales following a very slow summer that bled into the early fall.
Only one week in the third quarter saw more than 20 Manhattan luxury transactions. The second week of October logged 21 transactions and the third week 22, according to Olshan.
The median home price was $5.35 million with an average discount of 6%, according to the report.
The most expensive home to find a buyer last week was a new condo at 737 Park Ave., by Macklowe Properties, asking $13.59 million. The 3,800-square-foot property has four bedrooms and five bathrooms.
The No. 2 contract was a condo at 320 West 12th St., asking $12 million. The apartment is in a 10-unit building called The Abingdon and has three bedrooms and two-and-a-half bathrooms, according to the report.
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