For much of the past year a strong local economy
and tight supply pushed Queens housing price
indicators higher. Median sales price rose 8.5%
to $385,001 from the prior year quarter. This
was the fourth consecutive quarterly increase
and the tenth gain in the past twelve quarters.
Median sales price was up 13.7% year-to-date to
$415,000 over the same period last year. Average
sales price followed the same pattern, rising 9.1%
to $452,304 over the same period, also for the
fourth time…