Overview and Summary

 

Eight houses sold in the first quarter, up from 5 in the year-ago quarter and down from 13 in the prior quarter. Average sales prices were 35% higher for one-family houses and 26% for two-family houses, but down 24% for three-family houses when compared to the year-ago quarter.  And sales prices were flat for one-family houses, up 21% for two-family houses and down 26% for three-family houses when compared with 4Q24.  

 

 

 

  

 

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 2025    Daniel Karatzas

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

 

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