Report Summary
Since last fall, Queens housing prices have continued to rise. Attributing factors include low inventory, an improving economy and buyers from other markets like Brooklyn and Manhattan seeking out greater affordability. Sales slipped largely from the lack of inventory. With an improving economy, we expect continued price pressure in the coming quarters.
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Produced in conjunction with Miller Samuel, a leading independent appraisal firm, our market report series is the benchmark for residential real estate market information and an essential reference source for consumers, the media, financial institutions, government agencies, researchers and other market professionals. Each report provides an analysis of price and sales trends as well as many other metrics to give readers an idea of current conditions as well as historical and emerging market trends.
CLICK HERE => Full ELLIMAN REPORT for the 1Q 2015 Queens Sales
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DANIEL PENA
Licensed Real Estate Agent Salesperson
Douglas Elliman Real Estate
516.327.6432 Direct
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390 Franklin Ave. Franklin Square, NY 11010
Servicing Queens and Long Island
Email: Daniel.Pena@elliman.com
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