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FLUSHING A quarterly analysis of residential sales in Flushing, Queens 3rd Quarter 2017

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Residential Market Report, 3rd Quarter 2017

Residential Market Report, 3rd Quarter 2017 Flushing, Queens

SUMMARY MEDIAN SALE PRICE

NO. OF TRANSACTIONS

MEDIAN PRICE/SQ.FT.

QUEENS MEDIAN SALE PRICE

$680K

362

$619

$470K

22% YoY

16% YoY

10% YoY

18% YoY

NEIGHBORHOOD BOUNDARIES

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RESIDENTIAL STATS Median Sale Price by Quarter $800K

$680K

$700K $600K $500K

$400K $300K

$200K $100K $

Median Sale Price by Year $600K

$502K

$500K

$400K $300K $200K

$100K $

Number of Transactions Quarter Q1 Q2 Q3 Q4

2012 251 305 287 296

2013 272 315 440 375

400

2014 338 280 393 394

2016 257 288 313 317

2017 280 348 362

362

348

350

2015 251 299 346 322

280

300 250 200 150 100 50 0 Q1

Q2

2015

Q3

2016

Q4

2017

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Median Sale Price per Square Foot $700

$619

$600 $500 $400

$300 $200 $100

$

RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $700,000 Coops $275,000 Houses $880,000

Y-o-Y 40% 12% 6%

Median sale price/sqft $670 $306 $585

Y-o-Y 3% 18% 9%

Transactions 158 103 101

Number of Sales by Building Type

28% 44%

Condos Coops Houses

28%

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TOP 100 TRANSACTIONS Address 13347 Sanford Ave #11A 2944 143 St 13313 35 Ave 13835 39 Ave #4B 3339 156 St 5012 175 Pl 13035 59 Ave 2909 162 St 4330 147 St 94546 159 St 5008 192 St 14440 32 Ave 3356 169 St 3555 170 St 14932 Beech Ave 4104 170 St 3231 157 St 3319 191 St 3525 165 St 14542 33 Ave 3211 146 St 15916 Laburnum Ave 5653 187 St 17016 Pidgeon Meadow Rd 5339 198 St 14817 59 Ave 3208 160 St 3327 147 Pl 14118 Booth Memorial Ave 3506 170 St 5832 197 St 4540 159 St 13628 59 Ave 14911 33 Ave 5924 Parsons Blvd 15042 33 Ave 3221 171 St 19608 47 Ave 4236 165 St 16410 Metcalf Ave 14216 59 Ave 4690 Utopia Pkwy 4034 157 St 4216 159 St 4559 Utopia Pkwy 18903 50 Ave 5718 159 St 3338 165 St 3211 146 St 14635 56 Rd

BBL 4-05042-1465 4-04773-0082 4-04946-0050 4-04978-1302 4-05241-0022 4-05594-0034 4-06354-0034 4-04893-0028 4-05402-0012 4-05437-0072 4-05645-0009 4-04789-0033 4-05253-0077 4-05298-0011 4-05407-0018 4-05346-0027 4-04873-0011 4-05260-0076 4-05289-0029 4-04984-0024 4-04799-0012 4-05489-0034 4-05673-0034 4-05575-0019 4-07407-0040 4-06423-0029 4-04875-0031 4-04987-0128 4-06402-0021 4-05297-0043 4-05704-0021 4-05437-0070 4-06379-0014 4-04817-0056 4-06735-0046 4-04992-0020 4-04936-0038 4-05615-0032 4-05395-0037 4-05570-0010 4-06409-0035 4-05583-0051 4-05275-0047 4-05389-0039 4-05527-0006 4-05625-0048 4-06725-0014 4-05249-0062 4-04799-0012 4-05173-0109

Sale date 8-Aug-17 29-Aug-17 21-Sep-17 12-Jul-17 12-Sep-17 29-Aug-17 27-Sep-17 21-Aug-17 15-Sep-17 28-Aug-17 11-Jul-17 29-Aug-17 11-Sep-17 28-Sep-17 15-Sep-17 8-Sep-17 28-Aug-17 10-Aug-17 10-Aug-17 29-Sep-17 28-Aug-17 21-Sep-17 31-Aug-17 28-Sep-17 26-Sep-17 25-Sep-17 19-Jul-17 18-Aug-17 17-Jul-17 14-Sep-17 27-Sep-17 14-Sep-17 28-Aug-17 31-Jul-17 30-Aug-17 28-Sep-17 31-Aug-17 21-Aug-17 15-Aug-17 17-Aug-17 13-Sep-17 29-Aug-17 17-Aug-17 3-Aug-17 31-Jul-17 2-Aug-17 25-Sep-17 15-Sep-17 12-Jul-17 2-Aug-17

Sale price $1,450,000 $1,260,000 $1,250,000 $1,235,501 $1,235,000 $1,220,000 $1,210,000 $1,188,000 $1,180,000 $1,135,000 $1,115,000 $1,100,000 $1,098,000 $1,095,000 $1,088,000 $1,080,000 $1,060,000 $1,030,000 $999,000 $998,000 $993,000 $990,000 $990,000 $990,000 $983,000 $980,000 $975,000 $970,000 $963,000 $960,000 $955,000 $950,000 $950,000 $945,000 $930,000 $930,000 $925,000 $920,000 $918,000 $915,000 $910,000 $905,000 $900,000 $900,000 $900,000 $900,000 $900,000 $900,000 $895,000 $890,000

Property type Condo House House Condo House House House House House House House House House House House House House House House House House House House House House House House House House House House House House House House House House House House House House House House House House House House House House House

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Sqft 2,882 3,024 1,575 2,268 2,184 1,238 2,463 1,931 2,195 1,836 1,630 2,171 2,280 1,641 2,566 2,502 1,274 1,797 2,023 1,936 1,740 1,861 1,900 1,440 1,093 1,872 1,710 1,872 1,820 1,564 975 1,520 1,856 1,216 1,936 1,270 1,404 1,252 1,512 1,697 2,088 1,936 1,721 1,179 1,170 1,213 1,650 1,936 1,653

Address 15457 27 Ave 4027 195 St 19306 56 Ave 3213 169 St 4035 196 St 19020 35 Ave 15033 60 Ave 5040 Utopia Pkwy 17007 33 Ave 5819 189 St 15024 Booth Memorial Ave 5934 159 St 15410 Bayside Ave 14037 Cherry Ave #1B 4509 189 St 14960 Beech Ave 3420 153 St 2831 172 St 4321 156 St 5921 160 St 4048 167 St 16039 27 Ave 5640 187 St 4553 166 St 4220 Kissena Blvd #C16 3201 163 St 4535 171 St 16814 32 Ave 4531 166 St 16516 29 Ave 4053 172 St 19204 48 Ave 13624 Maple Ave #5A 16722 Northern Blvd 3568 170 St 4853 196 St 5336 195 St 17104 Pidgeon Meadow Rd 4911 166 St 4616 196 Pl 5042 175 St 15024 41 Ave 15050 34 Ave 4750 198 St 5920 162 St 13617-13625 Maple Ave #8F 17424 Pidgeon Meadow Rd 4349 170 St 3132 Union St #2B 5001 185 St

BBL 4-04849-0049 4-05360-0041 4-05678-0017 4-04930-0042 4-05361-0045 4-05305-0030 4-06433-0034 4-05595-0048 4-04935-0028 4-05693-0058 4-06430-0110 4-06736-0053 4-04853-0038 4-05186-1103 4-05530-0026 4-05407-0032 4-05237-0040 4-05965-0034 4-05414-0025 4-06738-0026 4-05341-0057 4-04886-0055 4-05672-0026 4-05445-0013 4-05134-1048 4-04911-0001 4-05450-0015 4-04929-0007 4-05445-0025 4-04910-0008 4-05352-0001 4-05627-0024 4-05135-1035 4-05398-0019 4-05297-0001 4-05632-0001 4-05665-0023 4-05576-0011 4-05569-0031 4-05552-0025 4-05593-0022 4-05058-0029 4-05001-0020 4-05617-0062 4-06739-0050 4-05134-1242 4-05589-0013 4-05428-0015 4-04414-1302 4-05655-0026

Sale date 31-Jul-17 1-Sep-17 31-Jul-17 12-Sep-17 21-Jul-17 27-Sep-17 10-Aug-17 4-Aug-17 3-Aug-17 5-Jul-17 29-Sep-17 25-Jul-17 26-Sep-17 30-Aug-17 11-Aug-17 31-Jul-17 15-Sep-17 28-Jul-17 31-Aug-17 4-Aug-17 7-Sep-17 1-Sep-17 31-Jul-17 3-Jul-17 11-Aug-17 19-Sep-17 29-Aug-17 2-Aug-17 6-Jul-17 27-Jul-17 27-Sep-17 21-Jul-17 25-Aug-17 8-Sep-17 22-Aug-17 26-Sep-17 6-Sep-17 10-Jul-17 28-Sep-17 11-Aug-17 5-Jul-17 17-Jul-17 4-Aug-17 6-Jul-17 12-Sep-17 11-Aug-17 28-Sep-17 15-Sep-17 18-Sep-17 29-Aug-17

Sale price $888,000 $886,000 $880,000 $880,000 $875,000 $873,000 $868,000 $862,800 $860,000 $860,000 $860,000 $860,000 $850,000 $850,000 $850,000 $850,000 $850,000 $846,000 $845,000 $845,000 $841,000 $835,000 $830,000 $830,000 $830,000 $825,000 $817,500 $817,500 $810,000 $805,000 $803,000 $800,000 $800,000 $790,000 $790,000 $785,000 $780,000 $780,000 $780,000 $775,000 $770,000 $767,000 $761,142 $754,000 $750,000 $750,000 $750,000 $750,000 $745,000 $725,000

Property type House House House House House House House House House House House House House Condo House House House House House House House House House House Condo House House House House House House House Condo House House House House House House House House House House House House Condo House House Condo House

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Sqft 1,105 1,299 1,508 1,764 1,360 1,728 1,813 1,182 1,568 1,272 1,080 1,280 1,344 1,633 1,368 1,995 1,980 1,504 1,445 1,352 1,196 1,028 1,147 1,240 1,733 1,272 1,526 1,260 1,240 1,680 1,996 836 1,042 1,260 2,052 900 1,633 1,040 945 1,300 1,092 1,196 1,621 1,732 1,160 1,090 836 1,902 1,206 1,080