Your Weekly Market Update has arrived. Brought to you by the Martin Eiden Team at Compass.  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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New and Noteworthy

Market Volatility Driving You Nuts?
For some, it is driving opportunity. The stock market has been unpredictable lately, to say the least. The Dow Jones plunged 1,500 points in a single day, not too long ago. It's hard to know how to invest in this unpredictable market...most people don't know what to invest in, but some do and have made themselves and their companies wealthy. (Full Story)
Nasdaq Finish May With Biggest Monthly Gains Since November 2023 

The S&P 500 finished May with a gain of 6.2%. The Dow rose 3.9% during the month and the Nasdaq picked up 9.6%, as markets bounced back from an April in which trade fears dominated. 

Bond yields edged lower and settled at 4.418%. Bitcoin prices dropped below $105,000. 

(Full Story)

Manhattan Luxury Contracts N

otch 

4-Year Weekly High

Fifty-five signed deals marks highest total since Nov. 2021. The market’s banner week included 36 condos, 12 co-ops, two condops and five townhouses put into contract with a median asking price of $6 million. The total contract volume was over $400 million and luxury homes put into contract last week had an average discount of 7% from initial asking prices. (Full Story)

Team News

Jarod Celebrates 7 Years

In back-to-back anniversary news, our Marketing Director Jarod Salinas-Dick has just passed his 7 year mark on the Martin Eiden Team! It has been an incredible journey full of new beginnings, fresh new ideas, building, breaking, discovering, creating, and implementing. The things we've achieved together over the last 7 years is truly astounding and the partnership continues to grow. Here's to all we've done together and everything we have to look forward to in the future!

Our Properties

515 East 72nd Street, Unit 36B
Lenox Hill
3 Bed | 3 Bath
Open: 6/1 11:00AM - 12:30PM
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Midtown East
6 Bed | 7 Bath

Open: 6/1 11:30AM - 01:00PM

172 East 4th Street, Unit 8F
East Village
3 Bed | 1 Bath

Open: 6/1 12:00PM - 01:30PM

55 West 71st Street
Upper West Side
6 Bed | 7 Bath

Open: 6/1 01:00PM - 02:30PM

107 Avenue A, Unit 5R
East Village
2 Bed | 2 Bath
Open: 6/1 02:00PM - 03:30PM
50 Riverside Boulevard, Unit 19F
Upper West Side
2 Bed | 2.5 Bath
152 North 9th Street, Unit 1R
Williamsburg
1 Bed | 1 Bath
1810 3rd Avenue, Unit A7C
East Harlem
3 Bed | 1 Bath
385 Argyle Road, Unit 1B
Ditmas Park
2 Bed | 1 Bath
40 East 80th Street, Unit 2C
Upper East Side
Alcove | 1 Bath

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Compass is a licensed real estate broker. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. All Coming Soon listings in NYC are simultaneously syndicated to the REBNY RLS. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.

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