Manhattan’s high-end real estate market saw a slight—relative—uptick last week, with 14 homes entering into contract in the week ending Sept. 20, according to the weekly luxury report from Olshan Realty released Monday. That’s the highest number of homes snapped up in four weeks, and the dollar volume—$118.8 million—is the highest total since the third week of July.

But unsurprisingly, this quarter is looking to be much slower than the same time last year. The third quarter of 2020 is tracking to see 126 contracts, with a volume of $974.047 million. In 2019, there were 176 contracts signed in the third quarter, totaling $1.3 billion.

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The median asking price of the 14 homes that went into contract last week was nearly $6.2 million. The average days on market was 521, and the average discount from original ask to final listing price was 20%.

The priciest home to find a buyer last week was a triplex penthouse condo at 520 West 28th Street, designed by Zaha Hadid, which was sold by the developer, Related. The apartment, now complete, was sold off of floor plans. The apartment—last asking $24.95 million—had undergone a serious price cut from its original $50 million price tag. The penthouse is just the 12th property in the city to sell for $20 million or more so far this year.

Since the middle of March, four homes have gone into contract at 520 West 28th Street, with an average 29% discount off the original asking price, according to Olshan Realty.

The No. 2 contract was a duplex penthouse condo at 744 Greenwich Street, asking $12.95 million, and reduced from $14 million. The apartment has a balcony and a wraparound terrace. Listing agent Jim St. Andre said the buyer was from the West Coast, and had visited the apartment in September.

Last week, eight condos, three co-ops and three townhouses found buyers.

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