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Elliman Report: Queens Sales 4Q 2019

The Queens market can be counted on to set new price records nearly every quarter in recent years, and the final quarter of 2019 was no exception. Median sales price rose 7.4% to a record of $610,000 from the year-ago quarter; the seventh record reached over the past 14 quarters. Average sales price showed even more records, rising 5.9% to a record of $674,844 for the twelfth record achieved in 15 quarters. When breaking out the market results by median price…

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