Home > NYC, Queens, Real Estate > Queens Real Estate Market Report: July 2010

Queens Real Estate Market Report: July 2010

Queens Real Estate Market Report: July 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 July 2010. Click the image below for a .pdf download.

Queens July Report

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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 still 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.  This trend has been relatively stable while every other metric is volatile.
  • The industry is definitely feeling the hangover from the tax credit.  Many sales were pulled forward by the government incentive. Inventory is creeping up again, meaning there are just more homes for sale… good news if you are a buyer.

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

Categories: NYC, Queens, Real Estate
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