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Elliman Report: Northwest Queens Sales 2Q 2020

The easing of shelter-in-place rules to allow in-person real estate broker showings in the last week of the quarter was too late to have a material impact on the results. Both median and average sales price declined from the prior year for the first time in five quarters. Median sales price declined 4.3% to $746,116 and average sales price slipped 2.8% to $841,747 respectively from the same period last year. There were 198 sales in the quarter, 7% less than the same period last year and the first decline in four quarters

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