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Market Volatility Driving You Nuts?, Nasdaq Finish May With Biggest Monthly Gains Since November 2023 , Manhattan Luxury Contracts Notch 4-Year Weekly High

Martin Eiden | May 30, 2025

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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!

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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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