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BROAD CHANNEL A quarterly analysis of residential sales in Broad Channel, Queens 2nd Quarter 2016
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Residential Market Report, 2nd Quarter 2016
Residential Market Report, 2nd Quarter 2016 Broad Channel, Queens
SUMMARY MEDIAN SALE PRICE
NO. OF TRANSACTIONS
MEDIAN PRICE/SQ.FT.
QUEENS MEDIAN SALE PRICE
$250K
7
$293
$376K
54% YoY
17% YoY
80% YoY
8% YoY
NEIGHBORHOOD BOUNDARIES
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RESIDENTIAL STATS Median Sale Price by Quarter $400K $350K $300K
$250K
$250K $200K $150K $100K $50K $
Median Sale Price by Year $350K $285K
$300K $250K $200K $150K $100K $50K $
Number of Transactions Quarter Q1 Q2 Q3 Q4
2011 7 5 4 5
2012 0 2 3 1
2013 2 2 3 9
2014 4 5 8 12
2015 4 6 5 8
2016 6 7
14 12 10 8
7
6
6 4 2 0 Q1
Q2 2014
Q3 2015
Q4
2016
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Median Sale Price per Square Foot $600 $500 $400 $300
$293
$200 $100 $
RESIDENTIAL SALES BREAKDOWN" Type of Residential Properties Sold Property Type Median sale price Condos Coops Houses $250,000
Y-o-Y 54%
Median sale price/sqft $293
Y-o-Y 80%
Transactions 0 0 7
Number of Sales by Building Type
Condos Coops Houses
100%
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LIST OF TRANSACTIONS Address 717 Shad Creek Rd 20 W 11 Rd 40 17 Rd 811 Church Rd 70 W 18 Rd 1011 Cross Bay Blvd 46 W 13 Rd
BBL 4-15308-0044 4-15316-0023 4-15322-0020 4-15460-0019 4-15323-0008 4-15315-0043 4-15318-0007
Sale date 26-May-16 28-Jun-16 4-Apr-16 20-Apr-16 24-May-16 30-Jun-16 26-Apr-16
Sale price $520,000 $499,000 $360,000 $250,000 $250,000 $158,876 $150,000
Property type House House House House House House House
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Sqft 1,775 918 912 850 1,350 880 663