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Elliman Report: Queens Sales 1Q 2019

The Queens housing market has been characterized by routine record price-setting but with cooling sales and rising inventory. The average sales price slipped 0.6% to $620,498 from the prior-year quarter and was only the second quarter of the past twelve that did not see a new record average sales price. The median sales price was unchanged at $550,000 as compared to the same period last year. The first quarter was…

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