REGO PARK


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REGO PARK A monthly analysis of residential sales in Rego Park, Queens February 2017

P: 718-715-1758 www.PropertyShark.com [email protected]

Residential Market Report, February 2017

Residential Market Report, February 2017 Rego Park, Queens

SUMMARY MEDIAN SALE PRICE

NO. OF TRANSACTIONS

MEDIAN PRICE/SQ.FT.

QUEENS MEDIAN SALE PRICE

$283K

42

$521

$391K

-18% YoY

17% YoY

2% YoY

7% YoY

NEIGHBORHOOD BOUNDARIES

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RESIDENTIAL STATS Median Sale Price by Month $400K

$350K

$283K

$300K $250K $200K $150K

$100K $50K $

Median Sale Price by Quarter $350K

$289K

$300K

$250K $200K $150K $100K $50K $

Number of Transactions Year 2012 2013 2014 2015 2016 2017

Jan 23 26 50 32 28 41

Feb 21 38 44 35 36 42

Mar 29 27 42 46 46

Apr 22 30 35 33 21

May 31 38 45 37 36

Jun 24 38 46 39 41

Jul 23 49 36 46 46

Aug 32 36 37 52 42

Sep 35 43 51 26 52

Oct 37 56 47 53 30

Nov 31 61 33 39 40

Dec 28 69 42 40 41

60 50

41

42

40 30

20 10

0 Jan

Feb

Mar

Apr

May

Jun 2015 2016

Jul 2017

Aug

Sep

Oct

Nov

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Dec

Median Sale Price per Square Foot $700

$600 $521

$500 $400 $300 $200 $100 $

RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $426,500 Coops $260,000 Houses $955,000

Y-o-Y 17% 12% 24%

Median sale price/sqft $590 $291 $378

Y-o-Y 19% -33%

Transactions 9 30 3

Number of Sales by Building Type 7% 21%

Condos Coops Houses

72%

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LIST OF TRANSACTIONS Address 6215 Boelsen Cres 6228 Cromwell Cres 10025 Queens Blvd #7N 6336 99 St #5A 6905 Trotting Course Ln 9740 62 Dr #11E 6254 97 Pl #11N 10025 Queens Blvd #7M 8504 63 Dr #3E 6565 Wetherole St #5U 9740 62 Dr #15D 9825-9826 64 Rd #1G 6565 Wetherole St #6L 8504 63 Dr #3H 6550 Wetherole St #4B 9931 64 Ave #F15 9229 Queens Blvd #3B 6750 Thornton Pl #3E 6565 Wetherole St #4X 9963 66 Ave #C9 9940 63 Rd #7C 6565 Wetherole St #5F 9963 66 Ave #D4 6333 98 Pl #3D 9740 62 Dr #14L 6389 Saunders St #B10 9740 62 Dr #10M 9809-9810 64 Rd #1D 6115-6125 97 St #6F 6565 Wetherole St #3O 6570 Booth St #4D 9611 65 Rd #203 9740 62 Dr #6F 7445 Yellowstone Blvd #1A 6601 Burns St #4N 6141 Saunders St #B14 6141 Saunders St #B47 7445 Yellowstone Blvd #2A

BBL 4-03124-0023 4-03119-0049 4-02119-1105 4-02099-1134 4-03178-0058 4-02086-0050 4-02082-1299 4-02119-1104 4-03115-1023 4-03099-0042 4-02086-0050 4-02101-0016 4-03099-0042 4-03115-1026 4-03100-1110 4-02112-0014 4-02075-1106 4-03151-0043 4-03099-0042 4-02116-0043 4-02111-1002 4-03099-0042 4-02116-0043 4-02099-0040 4-02086-0050 4-03082-0082 4-02086-0050 4-02101-0001 4-02082-0107 4-03099-0042 4-03099-0025 4-03085-0036 4-02086-0050 4-03180-0041 4-03155-0001 4-03075-0034 4-03075-0034 4-03180-0041

Sale date 2-Feb-17 10-Feb-17 1-Feb-17 17-Feb-17 14-Feb-17 7-Feb-17 22-Feb-17 1-Feb-17 15-Feb-17 3-Feb-17 23-Feb-17 2-Feb-17 6-Feb-17 3-Feb-17 28-Feb-17 27-Feb-17 14-Feb-17 2-Feb-17 1-Feb-17 16-Feb-17 16-Feb-17 16-Feb-17 16-Feb-17 9-Feb-17 1-Feb-17 27-Feb-17 10-Feb-17 28-Feb-17 23-Feb-17 1-Feb-17 13-Feb-17 16-Feb-17 1-Feb-17 23-Feb-17 28-Feb-17 15-Feb-17 15-Feb-17 13-Feb-17

Sale price $1,200,000 $955,000 $820,000 $680,000 $660,000 $515,000 $488,000 $440,000 $413,000 $408,000 $389,000 $385,000 $380,000 $375,000 $373,152 $370,000 $365,000 $345,000 $288,990 $276,925 $270,000 $269,000 $264,841 $260,000 $260,000 $257,000 $245,000 $242,500 $241,617 $238,000 $232,500 $228,000 $171,000 $165,000 $160,000 $145,000 $140,000 $125,000

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

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Sqft 1,448 2,528 1,025 985 1,881 663 909 739

934 600 867

550