Home > Economy, Queens, Real Estate > Queens Real Estate Market Report: June 2010

Queens Real Estate Market Report: June 2010

Queens Real Estate Market Report: June 2010

What is the latest real estate market information in Queens?

Are prices up or down?  By how much?  What does this mean to you?  Check out the Queens market report for June 2010. Click the image below for a .pdf download.

2010-6_QueensJune

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Andrew’s Take:
Andrew C. WilsonIn my opinion, here are the highlights for Queens buyers:

  • On average in Queens, a home, co-op, or condo will sell for around 90% of its listing price.  (p.6 of the report) If you know your price range, keep this in mind when you are shopping.
  • Closed median sales price is down 8.6% from June 2009. (p.2 of the report)
  • Contracts spiked sharply in April (because of the expiring tax credit) and are now down considerably.  (p.8 of the report) Fewer buyers are competing against you.  It is a good time to be shopping.

If you are interested in discussing the overall market and what it means to you, contact me today. andrew.wilson@realestate.com


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Categories: Economy, Queens, Real Estate
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