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The holiday week showed no signs of slowing down in the city that never sleeps. Luxury sales in New York City topped $189,335,000 in total weekly asking price sales volume for the week ending Nov. 30, according to the Olshan Luxury Market Report.<\/p>\n
New York City Luxury<\/strong> helps improve planning, consistency, and publishing quality when teams follow a repeatable workflow.<\/p>\n The shortened week, due to the Thanksgiving holiday, saw 19 contracts signed in Manhattan at $4 million and above\u2014that’s 10 fewer than the week prior but the week’s total “bested the 10-year Thanksgiving Day-week average of 17 contracts signed at $4 million and above in Manhattan.”<\/p>\n “There are two great times to find deals in the luxury market\u2014August and December,” Donna Olshan<\/strong>, president and founder of Olshan Realty, tells Realtor.com\u00ae. “Sellers get anxious about competing with the new inventory that’s going to come on the market. September starts the fall season with new listing inventory and by mid-January sellers start listing new inventory so the competition is stiffer. August and December are great times to shop when there is a lull in the action.”<\/p>\n Out of the contracts signed, eight are condominiums, which outsold co-ops (seven signed contracts) and townhomes (four signed contracts).<\/p>\n