Overview and Summary

 

Thirteen houses sold in the fourth quarter, up from 6 in the year-ago quarter and five in the prior quarter. Average sales prices were 24% higher for one-family houses but down 24% for two-family houses when compared to the year-ago quarter.  And sales prices were up 14% for one-family houses and down 9% for two-family houses when compared with 3Q24.  Year to date, 29 houses sold in 2024 compared with 26 in 2023.  Average sales prices were up 20% for one-family houses and down 14% 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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