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DOWNTOWN FLUSHING A monthly analysis of residential sales in Downtown Flushing, Queens December 2016
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Residential Market Report, December 2016
Residential Market Report, December 2016 Downtown Flushing, Queens
SUMMARY MEDIAN SALE PRICE
NO. OF TRANSACTIONS
MEDIAN PRICE/SQ.FT.
QUEENS MEDIAN SALE PRICE
$372K
40
$682
$432K
0% YoY
-22% YoY
12% YoY
18% YoY
NEIGHBORHOOD BOUNDARIES
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RESIDENTIAL STATS Median Sale Price by Month $500K $450K $400K $350K $300K $250K $200K $150K $100K $50K $
$372K
Median Sale Price by Quarter $450K $400K $350K $300K $250K $200K $150K $100K $50K $
$400K
Number of Transactions Year 2011 2012 2013 2014 2015 2016
Jan 48 33 52 52 41 39
Feb 39 31 36 54 45 48
Mar 47 36 28 58 28 31
Apr 52 45 34 41 40 34
May 49 48 41 48 46 32
Jun 50 48 47 43 50 36
32
36
Jul 45 35 81 50 55 28
Aug 43 45 50 48 40 48
Sep 30 38 85 86 51 31
Oct 37 35 69 100 52 35
Nov 30 41 47 41 39 38
31
35
38
Dec 48 37 45 54 51 40
120
100 80
60 40
39
48 31
34
48 28
40
20
0 Jan
Feb
Mar
Apr
May
Jun 2014 2015
Jul 2016
Aug
Sep
Oct
Nov
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Dec
Median Sale Price per Square Foot $800 $700 $600 $500 $400 $300 $200 $100 $
$682
RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $484,163 Coops $263,000 Houses $919,000
Y-o-Y -9% 12% -
Median sale price/sqft $705 $282 $945
Y-o-Y 10% -6% -
Transactions 15 22 2
Number of Sales by Building Type 5%
39%
Condos Coops Houses
56%
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LIST OF TRANSACTIONS Address 13761 Laburnum Ave 4235 Main Street #7B 13835 Elder Avenue #8A 3138 137 Street #7A 4140 Union Street #8R 13249 A 41 Ave 4322 Union Street #2C 13229 Blossom Avenue #3A 13352 41 Road #PHC 4310 Kissena Blvd #16D 4220 Kissena Boulevard #E1 3545 Leavitt Street #4D 13307 41 Avenue #3A 13236 Pople Avenue #4D 4125 Kissena Boulevard #4G 4265 Kissena Blvd #115 13307 41 Avenue #4B 3131 138 St #5K 13810 Franklin Ave #4M 4265 Kissena Blvd #523 4242 Colden St #B10 4465-4473 Kissena Blvd #6E 13630 Sanford Ave #3A 13910-13916 28 Rd #5E 4334-4340 Union St #5B 2610 Union St #4E 4322 Union Street #6D 4134 Frame Pl #6E 2610 Union St #5G 2610 Union St #1B 14035 Beech Ave #6G 2610 Union St #4C 13630 Sanford Ave #4F 13910-13916 28 Rd #3A 2610 Union St #2A 2610 Union St #2F
BBL 4-05150-0035 4-05135-1155 4-05137-1284 4-04409-1314 4-05045-1149 4-05037-0091 4-05192-1107 4-05105-1424 4-05042-1109 4-05137-0067 4-05134-1077 4-04956-1036 4-05037-1106 4-05104-1032 4-05044-1496 4-05180-0001 4-05037-1109 4-04374-0049 4-05137-0055 4-05180-0001 4-05136-0037 4-05192-0001 4-05134-0024 4-04343-0010 4-05192-0055 4-04285-0010 4-05192-1124 4-05040-0032 4-04285-0010 4-04285-0010 4-05185-0077 4-04285-0010 4-05134-0024 4-04343-0010 4-04285-0010 4-04285-0010
Sale date 16-Dec-16 14-Dec-16 1-Dec-16 19-Dec-16 19-Dec-16 23-Dec-16 2-Dec-16 30-Dec-16 6-Dec-16 29-Dec-16 22-Dec-16 22-Dec-16 13-Dec-16 20-Dec-16 2-Dec-16 29-Dec-16 9-Dec-16 28-Dec-16 20-Dec-16 16-Dec-16 15-Dec-16 16-Dec-16 15-Dec-16 14-Dec-16 20-Dec-16 19-Dec-16 6-Dec-16 1-Dec-16 12-Dec-16 8-Dec-16 29-Dec-16 22-Dec-16 2-Dec-16 23-Dec-16 14-Dec-16 29-Dec-16
Sale price $1,230,000 $750,000 $625,000 $620,000 $618,000 $608,000 $538,000 $498,000 $490,000 $488,000 $478,325 $465,000 $450,000 $440,000 $410,000 $380,000 $378,000 $378,000 $365,000 $333,000 $326,434 $322,000 $288,000 $270,000 $266,000 $260,000 $250,000 $245,000 $240,000 $234,000 $226,083 $220,000 $206,000 $180,000 $165,000 $158,888
Property type House Condo Condo Condo Condo House Condo Condo Condo Coop Condo Condo Condo Condo Condo Coop Condo Coop Coop Coop Coop Coop Coop Coop Coop Coop Condo Coop Coop Coop Coop Coop Coop Coop Coop Coop
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Sqft 1,264 849 916 967 954 663 600 783 620 1,062 618 520 62 616 1,100 520
600 850
750