Overview and Summary

 

Five houses sold in the second quarter, down from 6 in the year-ago quarter and flat to the prior quarter. Average sales prices were 19% higher for one- houses and 2% lower for two-family houses when compared to the year-ago quarter.  Sales prices were up in the double digits for both categories compared with 1Q24.  Year to date, 10 houses sold in 2024 compared with 16 in 2023.  Average sales prices were up 5% for one-family houses and down 1% for two-family houses. 

 

 

 

  

 

Disclaimers:

• This report covers the 11372 zip code only, comprising Jackson Heights and its Historic District
• Data is sourced from the New York City Department of Finance’s Rolling Sales Update
• Within the Rolling Sales Update, numerous transactions are listed with a closing price of $0. These transactions are not included in this analysis
• There are some inconsistencies and errors in the Rolling Sales Updates that were analyzed.  Transactions where closing prices were significantly below prevailing market prices were excluded from this analysis.

 

Copyright 2024    Daniel Karatzas

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