We studied hard to deliver a brand new report to you. The reality check on the Manhattan Luxury Market. Every week we hear of multi-million dollar properties going on the market and sometimes the asking price seems exorbitant because it is!
With this report, we are going to tell you at what prices luxury properties are actually closing and what was their negotiability factor, anybody interested in getting a discount? …so….here we go:

There were 63 closing at $4 million and above in April, 34 less compared to March 2020. The Average Closing Price was $10,014,837 down 18% from the previous month, meanwhile the Median Closing Price was $6,100,00 unchanged from March, the Negotiability Factor, that is the average discount from the last asking price, was 7.10% gaining up 13% from than the previous month. The Average Days On Market were 351 compared to 303 for the properties that closed in March.