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Elliman Report: Northwest Queens Sales 4Q 2018

The northwest region of Queens showed weaker sales and mixed price trends in the final quarter of 2018. The median sales price for the quarter was $778,481, down a nominal 0.2% while average sales price increased 6.3% to $874,594 respectively from the year-ago quarter. Higher priced 1-3 family sales skewed the average sales price higher despite their small market share.┬áThe number of sales declined 22.8% to 254 over the same period and was the third consecutive…

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