Manhattan luxury market at a glance

This week's deals included 14 condos, 1 co-op and 1 townhouse. The most telling number is the 0% average discount: on average, buyers signed at the last asking price, and most listings never had a price cut. Sellers who priced realistically from day one were rewarded, and buyers showed they're ready to commit when a home matches its value.

Downtown dominates NYC luxury sales

Downtown Manhattan accounted for 69% of this week's luxury contracts, 11 of the 16 deals. Signings spread across Chelsea, the Flatiron District, Tribeca, the West Village, Greenwich Village, Soho and Gramercy. Downtown keeps drawing high-end buyers with boutique new-development condos, historic loft conversions and a walkable neighborhood feel that's hard to find elsewhere in the city.

Condos, co-ops and townhouses

Condos drove the week, and new development led the way. Two buildings each recorded two contracts. The lone townhouse, at $2,440 per square foot, is a reminder that townhouses still offer the most space for the money in Manhattan's luxury market.

Every Manhattan luxury contract signed this week

All 16 deals, ranked by last asking price. The bar under each listing shows its price relative to the week's top deal.

1. 211 West 84th Street, Penthouse W
   $26,880,000
   Upper West Side condo  |  5 beds, 5 baths  |  4,853 sq ft  |  $5,539/sq ft

   Top deal of the weekA 5-bedroom penthouse at The Henry, the Robert A.M. Stern-designed condo, confirming the Upper West Side can command top-tier pricing for exceptional product.

2. 175 5th Avenue, Unit 19N
   $25,500,000
   Flatiron District condo  |  4 beds, 4 baths  |  4,575 sq ft  |  $5,574/sq ft

   Highest price per sq ftA residence inside the landmark Flatiron Building conversion, one of the most closely watched new developments in New York.

3. 20 West 53rd Street, Unit 18B/C
   $24,995,000
   Midtown condo  |  5 beds, 7 baths  |  4,600 sq ft  |  $5,433/sq ft  |  141 days on market

   A combined residence at the Baccarat Residences, across the street from MoMA, that signed at its original asking price. It shows steady demand for trophy Midtown homes.

4. 318 West 20th Street
   $20,000,000
   Chelsea townhouse  |  6 beds, 7 baths  |  8,200 sq ft  |  $2,440/sq ft

   Only townhouseA single-family home on one of Chelsea's classic brownstone blocks.

5. 250 West Street, Unit 9JK
   $15,000,000
   Tribeca condo  |  4 beds, 3.5 baths  |  4,100 sq ft  |  $3,659/sq ft  |  4 days on market

   Fastest dealWent to contract in just 4 days at full ask. Tribeca remains one of the most competitive luxury neighborhoods in NYC.

6. 217 West 57th Street, Unit 84W
   $14,900,000
   Midtown condo  |  3 beds, 3.5 baths  |  3,073 sq ft  |  $5,175/sq ft  |  447 days on market

   An 84th-floor home at Central Park Tower that found a buyer after a reduction from its initial $15,900,000 ask.

7. 176 Perry Street, Unit 4S
   $10,995,000
   West Village condo  |  3 beds, 2 baths  |  3,590 sq ft  |  $3,063/sq ft  |  96 days on market

   Signed at full ask in Richard Meier's West Village waterfront tower, known for its Hudson River views.

8. 44 West 8th Street, Unit 4
   $9,950,000
   Greenwich Village condo  |  4 beds, 3 baths  |  3,255 sq ft  |  $3,057/sq ft
9. 44 West 8th Street, Unit 3
   $9,750,000
   Greenwich Village condo  |  4 beds, 3 baths  |  3,255 sq ft  |  $2,996/sq ft

   Two in one buildingStacked units 3 and 4 both signed this week, a strong signal of demand for boutique new development in the Village.

10. 15 Hudson Yards, Unit 73B
    $8,495,000
    Hudson Yards condo  |  4 beds, 4.5 baths  |  3,019 sq ft  |  $2,814/sq ft

    A 73rd-floor residence with sweeping Hudson River views.

11. 23 East 22nd Street, Unit 8
    $7,995,000
    Flatiron District condo  |  3 beds, 3 baths  |  2,723 sq ft  |  $2,937/sq ft  |  92 days on market

    Signed at full ask after about three months at One Madison, the slender tower across from Madison Square Park.

12. 33 Greene Street, Unit 4E
    $7,750,000
    Soho co-op  |  3 beds, 3 baths  |  3,288 sq ft  |  $2,358/sq ft  |  36 days on market

    Only co-opA classic Soho loft that signed at full ask in just over a month.

13. 200 East 20th Street, Penthouse A
    $7,350,000
    Gramercy condo  |  3 beds, 3.5 baths  |  2,231 sq ft  |  $3,295/sq ft  |  573 days on market

    Sold at its original price after 573 days, proof that patient sellers of unique penthouses can still get their number.

14. 142 West 21st Street, Unit 9B
    $7,300,000
    Chelsea condo  |  4 beds, 3.5 baths  |  2,498 sq ft  |  $2,923/sq ft
15. 142 West 21st Street, Unit 9A
    $6,575,000
    Chelsea condo  |  4 beds, 3.5 baths  |  2,433 sq ft  |  $2,703/sq ft

    Two in one buildingUnits 9A and 9B at The Myles, a new development that launched sales this month, both went to contract this week.

16. 50 Riverside Boulevard, Unit 10L
    $6,550,000
    Lincoln Square condo  |  4 beds, 4 baths  |  2,831 sq ft  |  $2,314/sq ft

    Riverside Boulevard continues to offer strong value per square foot for family-sized homes on the Upper West Side.

What this means for Manhattan luxury buyers and sellers

• Momentum is building into fall.A jump from 10 to 16 contracts in one week suggests buyers who waited out the summer are coming back to the market.
• Pricing right pays off.With a 0% average discount, homes priced correctly from the start are selling at or near full ask. Some are selling in days, as the 4-day deal at 250 West Street shows.
• New development is still in demand.Multiple contracts at 44 West 8th Street and 142 West 21st Street show that buyers want turnkey, amenity-rich condos.
• Trophy properties are moving.Three deals above $24 million signed in a single week, a sign of real confidence at the very top of the market.