Activity:
• 21 contracts were signed last week, representing a 36% decrease with the previous week and a 43% decrease year-over-year.
•Condos and Condops represented 67% of all signed contracts this week.
•Co-ops represented 28% of all signed contracts this week.
•Townhouses represented 5% of all signed contracts this week.
Available Inventory $4m+:
• 1174 listings currently on the market
• 775 Condos/Condops or 66% of the inventory
• 259 Co-ops or 22% of the inventory
• 140 Townhouses or 12% of the inventory
Interest Rates:
Jumbo
•30-year Fixed: 6.000% •10/6 ARM: 5.500%
