I N S I G H T I N T O T H E U LT R A - L U X U R Y R E A L E S T A T E M A R K E T
NEW YORK CITY MARKET REPORT
BESPOKE LUXURY MAGAZINE
445
TOTA L $ 1 0 M + S A L E S 2020 - 2021
168 SALES IN 2020
Manhattan sold $4.8 billion worth of $10 million+ trades in 2021.
38
277 SALES IN 2021 ↑64.88%
As predicted since New York City’s comeback at the end of 2020 and beginning of 2021, the ultra-affluent community has continued to purchase the island’s most coveted real estate. Overall, there was a 65 percent increase in the total number of $10 million+ transactions and
a 64 percent increase in sales volume between 2020 and 2021. The number of buyers purchasing within the $30 to $40 million range grew most significantly, increasing by nearly 88 percent in 2021, for a total of 15 trades worth $508 million.