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Manhattan Weekly Market Report, Dow Rises to Close at Fresh Record, S&P 500 Hits All-Time High, The Best, Weirdest, Wildest Performances of the Year

Martin Eiden | February 24, 2024

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Market by Martin

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at Compass

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New and Noteworthy

Manhattan Weekly Market Report

The Manhattan luxury real estate market, defined as all properties priced $5M and above, saw 18

contracts signed this week made up of 12 condos, 3 co-ops, and 3 houses. The total contract volume was $212,374,000 for an average sale price of $11.7M. The previous week saw 15

deals. For more information or data, don't hesitate to reach out.

(Full Report Here)

Dining room with green chairs, botanical wallpaper, a marble fireplace, and a chandelier.

Bronze bull sculpture with its curved horn and eye in close-up.

Dow Rises to Close at Fresh Record, S&P 500 Hits All-Time High

Earlier on Friday, the S&P 500 broke above 5,100 for the first time. The Dow Jones Industrial Average

added 62.42 points, or 0.16%, also reaching a fresh record and closing at an all-time high of 39,131.53. The Nasdaq Composite

lost 0.28% to close at 15,996.82, but had notched a fresh 52-week high earlier in the session. (Read More)

The Best, Weirdest, Wildest Performances of the Year

With the Oscars coming up, we thought it would be fun to bring you this fun and engaging article that goes into the more nuanced performances this award season including Best Curmudgeon, Best Gonzo Performance, Best Nervous Breakdown, and Best Flash of Mania. See the full list here. (Read More)

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Team News

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Father SonDay

Sundays are for SonDays! Every weekend, I love taking my son out for some fun father-son activities. Whether it is going to a new restaurant, seeing a movie, or helping me host an open house (because he's old enough to do that now!). Watching him grow up has truly been the biggest joy of my life. It's been a wonderful journey and I can't wait to see what the next chapter has in store. Keep an eye out for the video on the team instagram page tomorrow. Love you Noble! ❤️

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175 Jackson Street, Unit PH4D Williamsburg 2 Bed \| 2.5 Bath Open: 2/25 11:30am - 01:00pm	306 Mott Street, Unit PH9 NoHo 4 Bed \| 4.5 Bath
306 Mott Street, Unit PHTRIPLEX NoHo 6 Bed \| 6.5 Bath	39 South Portland Avenue Fort Greene 7 Bed \| 5 Bath

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Martin Eiden Team

M: 917.701.8898
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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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