Historical Data - Apartments
Data through the First Quarter of 2022
Overview and Summary
Sales of 76 apartments in the first quarter were down compared with both 1Q21 and 4Q21. Average sales prices rose between 9.5% and 29.7% compared to 1Q21 except for postwar coops which fell by 1.5%. And compared to the fourth quarter, average sales prices were flat, except for prewar walkup coops, which increased by 8.1%.
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 2022 Daniel Karatzas
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