Overview and Summary

 

Sales of 68 apartments in the fourth quarter were down from 106 in 4Q22 and 93 in the third quarter.  Average sales prices were higher - between 5% and 36% - in all four categories compared with both time periods.   Year-to-date sales declined by 23% to 312 apartments and average sales prices fell by 14% for prewar walkup coops, but rose slightly in the other three 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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