Historical Data - Apartments

Data through the Second Quarter of 2021

Overview and Summary

 

Sales of 93 apartments in the second quarter were up compared with both 2Q20 and 1Q21.  Average sales prices were up for all categories compared with the prior quarter.  Year to date, sales rose by almost 50% yet average sales prices were down for all categories except postwar cooperatives. 

 

 

 

 

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 2021    Daniel Karatzas

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

 

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