July 2012 Queens Real Estate Market Update The Queens housing market continues to recover, evidenced by a balanced supply of inventory as well as improvements in home prices and the number of homes sold. The median home price however, decreased this month from last, dropping to $345,000 compared to $350,000 in May, a 1.4% decrease. […]
June 2012 Queens Real Estate Market Update Courtesy of Abigail Herrera with Keller Williams Realty Landmark. In a Nutshell: Total Number of Homes Sold: 579 – Down 10.4% from 615 home sales in May 2011. Median Sale Price: $350,000 – Up 3% from $340,000 in May 2011. Residential Homes Sold: 340 (Median Sale Price: $450,000) Condo Homes Sold: 61 (Median Sale Price: $340,000) Co-Op Homes Sold: 178 (Median Sale Price: […]
Queens Market Update: April 2012 The Queens real estate market experienced a 2.1% decrease in March. This is a slight decrease which means that the market overall is relatively stable. Around this time last year, the median home sale price overall was $350,000 and in March, the median home sale price overall dropped to $342,750 so the difference is very minimal. There […]
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