Historical Data - Houses

Data through the Third Quarter of 2022

Overview and Summary

 

Thirteen houses sold in the third quarter, up one from the year-ago quarter and flat to the prior quarter. Compared with prior periods, average sales prices for one-family houses fell by 26%.  They were mixed for two-family houses, and for three-family houses, average sales prices rose by almost 70% compared to the second quarter. 

 

Year-to-date 34 houses were sold, compared with 20 in 2021.  Average sales prices fell by 7.4% for one-family houses and rose by 20.5% for two-family houses.  The average sales price of three-family houses increased by 8.1% 

 

 

 

  

 

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 2022    Daniel Karatzas

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

 

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