Overview

 

Sales of 70 apartments in the second quarter were down from 95 and 84 in the year-ago and prior quarters, respectively. Average sales prices were up in single digits relative to the year-ago quarter, but mostly down to the prior quarter.  Year-to-date, total sales were essentially flat at 154 apartments.  Average sales prices were down for prewar walkup coops, but up for all other categories. 

 

 

 

 

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

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