Monday 31 August 2020

Sales slumped, prices jumped in Queens housing market

Despite the doomsday projections about New York and people fleeing the city, the northwest Queens housing market shined bright in the second quarter. Although the total number of one- to three-family home sales dropped almost 60 percent in the second quarter from the previous year, the average price per square foot increased 11.7 percent to $567, according to an analysis by The Real Deal. And the number of condo deals actually surged, spiking 74 percent



source https://therealdeal.com/2020/08/31/sales-slumped-prices-jumped-in-queens-housing-market/

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