Posted by Jonathan J. Miller -Thursday, July 14, 2011, 5:16 PM
You can build your own custom data tables with the new data. Charts will be added shortly.
Here’s an excerpt from the report:
…Both housing price indicators were slightly above the same period a year ago, while median sales price has posted 3 consecutive year-over-year quarterly increases. The median sales price of a Queens residential property was $342,000 in the second quarter, up 2.1% over the same period last year, but slipped 2.3% from $350,000 in the first quarter. Average sales price showed the same increase over the same quarter last year, rising 2.1% from $382,518 to $390,589, but edging 0.7% from $387,725 in the first quarter. The median sales price for Re-Sales edged 2.5% higher over the year, as New Development slipped 3.7%, largely due to the 7.9% decline in the average square footage of properties sold in the second quarter.
Other reports we prepare can be found here.