[Tax Credit Extraction] 2Q 2011 Queens Report Available For Download
Posted by Jonathan J. Miller -Thursday, July 14, 2011, 5:16 PM
Comments Off
The renamed “The Douglas Elliman Report: Queens Sales 2Q 2011” was published today. It is part of a report series that we have authored for Prudential Douglas Elliman since 1994.
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.
2Q 2011 Queens Sales Report [Miller Samuel]
Queens custom data tables [Miller Samuel]
