Overview and Summary

 

Five houses sold in the first quarter, down from 10 in the year-ago quarter and 5 in the prior quarter. One three-family house closed, after a long dry spell.  Average sales prices were lower for both one- and two-family houses when compared with both prior quarters. 

 

 

 

  

 

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

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

 

Please note that my complete report includes compelling graphics that put current and historical data in perspective. So become a subscriber now!