< All Market Reports

Elliman Report: Queens Sales 3Q 2015

Queens housing prices set records as declining inventory met with a surge in sales activity and a robust city economy. Median sales price jumped 14.1% from the prior year quarter to a new high of $450,865. This was the fifth year-over-year quarterly increase for this price trend indicator. Average sales price followed the same pattern, rising 12.8% to a new record of $522,378 and the first time this metric had exceeded the $500,000 threshold. The luxury market, measured as the top 10% of all sales during the quarter, had a record high entry threshold of $925,000 and price gains consistent with the overall market…

Download Now

Get Weekly Insights and Research

Housing Notes by Jonathan Miller

Receive Jonathan Miller's 'Housing Notes' and get regular market insights, the market report series for Douglas Elliman Real Estate as well as interviews, columns, blog posts and other content.

Follow Jonathan on Twitter

#Housing analyst, #realestate, #appraiser, podcaster/blogger, non-economist, Miller Samuel CEO, family man, maker of snow and lobster fisherman (order varies)
NYC CT Hamptons DC Miami LA Aspen
millersamuel.com/housing-notes
Joined October 2007