Overview and Summary

 

Sales of 50 apartments in the first quarter were down from 71 in 1Q23 and 68 in the fourth quarter.  Average sales prices were higher or prewar walkup cooperatives, but mostly lower for all other categories when compared with both time periods. 

 

 

 

 

 

 

Disclaimers:

• This report covers the 11372 zip code only, comprising Jackson Heights and its Historic District
• Data is sourced from the New York City Department of Finance’s Rolling Sales Update
• Within the Rolling Sales Update, numerous transactions are listed with a closing price of $0. These transactions are not included in this analysis
• There are some inconsistencies and errors in the Rolling Sales Updates that were analyzed.  Transactions where closing prices were significantly below prevailing market prices were excluded from this analysis.

 

Copyright 2024    Daniel Karatzas

Any reproduction or use of this report must be approved, in advance, by its author

 

Please note that my complete report includes compelling graphics that put current and historical data in perspective, so become a subscriber now!