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Elliman Report: Queens Sales 4Q 2014

The Queens housing market finished a bumpy 2014 with an increase in housing prices. Median sales price was $430,475, up 15.5% over the prior year quarter for the eighth time in the past ten quarters. Year-to-date median sales price declined 1.4% to $365,000 over the prior year period. Condo median sales price rose 3.2% to $412,856 as market share slipped 2.3% to 13.1% from the prior year quarter…

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